WebJul 11, 2024 · A federal orphan well fund is a step in the right direction for tackling this issue, according to Peltz. “New Mexico is emerging as a leader on this subject, especially around the possibility of orphaned well funding for BLM and the states, to be made available as part of an upcoming stimulus package,” Peltz said. WebSep 6, 2024 · Of the $32 million the state has spent to remediate orphaned wells since 1997, $21 million was covered by bonds posted by operators, according to the WOGCC. The rest of the expense was covered by a conservation tax applied to all oil and gas operators in the state. The BLM, however, still allows for a nationwide “blanket bond” of …
Readout summary: BLM Orphaned/Abandoned Wells Webinar
WebJan 13, 2024 · The Bureau of Land Management, U.S. Fish & Wildlife Service, National Park Service, and Bureau of Reclamation all manage . MOU on Orphaned Well Site Plugging, Remediation, and Restoration ... The plugging and remediation of orphan well sites on National Forest System lands addresses agency priorities to remediate and … WebDec 22, 2024 · The Bureau of Land Management will host a roundtable-style webinar focused on the new program in the Bipartisan Infrastructure Law that provides $250 million to identify and remediate orphaned wells on federal lands. The BLM will lead the creation of the program, which is set to be established by Jan. 14, 2024. border collie puppies for sale in texas only
Orphan Wells in New Mexico - nmlegis.gov
WebThe BLM will pursue the interests on a well and lease in this order: 1. Operator - pursuant to 43 CFR 3162.3-4, only the current operator may be held liable for well abandonment. When the BLM acknowledges that there is a change of operator, BLM cannot hold the prior operator liable pursuant to this regulation. 2. WebJul 13, 2024 · This IM provides guidance to the Bureau of Land Management (BLM) Field Offices (FOs) concerning the process the BLM will use to identify potential orphaned … WebAug 18, 2024 · BLM announced in late May that it would invest funds to plug high-priority orphaned oil and gas wells as part of a $33 million Department of the Interior initiative to improve public health and safety, reduce the impacts of water and air pollution on disadvantaged communities, and enhance the experience for visitors to public lands, … haunting in venice release date