New study reveals key factors for estimating costs to plug abandoned oil and gas wells
Published Date: 7/27/2021
Source: phys.org
In an analysis of over 19,500 orphaned oil and gas wells across the United States, scholars at Resources for the Future (RFF) find that the median cost of plugging and reclaiming a well is $76,000, although that figure can vary widely depending on the age, location, well depth, and other key factors.