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- United States
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- Decommissioning And Environmental Asset Management
- Solutions for Abandoned Oil and Gas Wells
Solutions for Abandoned Oil & Gas Wells
When an oil or gas well is no longer economically productive, the owner is required by state regulations to properly plug and abandon the well. Proper closure, including surface restoration, helps prevent environmental releases that can impact sensitive receptors, and enhances property value. Decades of oil and gas production in the U.S. has resulted in both properly plugged and improperly abandoned wells some of which have released hydrocarbon constituents, methane, and other compounds to the atmosphere, groundwater, soil, and surface waters. An effective well closure program prioritizes the allocation of spending, closure of wells, and site restoration based on risk as well as regulatory drivers.