CNX Resources Corp. has reached a settlement with Pennsylvania regulators requiring the company to post a $1.48 million performance bond to ensure coverage for the costs of plugging 141 natural gas wells in the southwestern part of the state.
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North Dakota officials are attempting to address the nagging problem of abandoned oil wells at a time when robust Bakken Shale growth continues unabated.
Diversified Gas & Oil plc is doubling down on its well plugging obligations across the Appalachian Basin, defending its commitment to the process in West Virginia, where it’s being challenged by a skeptical landowner rights organization that’s concerned about how far the company is willing to go to fulfill its responsibilities.
The Pennsylvania Department of Environmental Protection (DEP) has ordered CNX Resources Corp., XTO Energy Inc. and Alliance Petroleum Corp. to plug more than 1,000 abandoned wells across the state.
Sleuths Tracking Abandoned Pennsylvania Oil, Gas Wells For Clues to Reduce Methane Emissions Nationwide
Millions of abandoned wells may be a substantial source of methane in the atmosphere, but identifying them remains a challenge — and a big reason to study Pennsylvania, which has the longest history of U.S. oil and gas development and where scientists hope to find clues on how to fix a nationwide problem.
Wyoming’s Oil and Gas Conservation Commission (WOGCC) is about to release proposed rules to double the money oil and natural gas operators set aside to pay for the abandonment and plugging of old wells.
In response to the booming development in the Bakken Shale play, Kinder Morgan Interstate Gas Transmission LLC (KMIGT) is seeking FERC authorization to transfer a portion of its Pony Express natural gas pipeline to an affiliate to transport crude from the Bakken to key refinery centers.
Seven years after it abandoned a bid to acquire U.S. oil and gas producer Unocal Corp., China’s CNOOC Ltd. is making a run for Canada’s Nexen Inc. with an offer in the same ballpark as what it proposed to pay for Unocal. Politics and trade policy are expected to be features of debate over the deal as CNOOC seeks approvals in Canada and the United States.
Harkening back to an abandoned, high profile, public/private sector coal gasification project in his state, Wyoming Gov. Matt Mead at a press conference on Friday indicated he wants to rekindle similar like coal gasification projects in the state, drawing on advancements now in commercial operation in China.
Abandoned coal mines in Pennsylvania may be a technically viable source of water for hydraulic fracturing (fracking) operations, but economics and regulations ultimately could decide whether operators find the solution feasible, according to a recent report by the Rand Corp.