The U.S. has battled with its abandoned oil well problem for years, with experts suggesting there are anywhere between 2 and 3.2 million abandoned wells across the country. Unplugged wells could be releasing methane into the air and causing further climate damage with no energy gain. One of the biggest limitations in making oil companies pay for the clean-up is the existence of thousands of orphan wells – abandoned wells with no registered owner. Who should be responsible for plugging abandoned oil and gas wells, Big Oil, or the government and taxpayers? That’s the question being raised as the U.S. faces an increasing abandoned oil well problem, with millions of unplugged wells across the country. The U.S. has battled with its abandoned oil well problem for years, with experts suggesting there are anywhere between 2 and 3.2 million abandoned wells across the country, of which there are 57,000 documented […]

Posted in: USA