Well Done Foundation (WDF) has been awarded a well-plugging project in Santa Barbara County, California, the non-profit said Feb. 12.
WDF, which aims to plug orphaned oil and gas wells across the U.S., said orphaned oil and gas wells—wells no company is fiscally responsible for—are accountable for between 20% and 30% of methane leaks in the U.S.
WDF’s Santa Barbara County Legacy Orphan Well Project is in collaboration with state, regional and local government agencies, community organizations and private sector businesses to plug orphan wells that may be leaking methane. Orphan wells in Orcutt and Santa Maria have been identified as the first to be screened and plugged in the county. After each well is plugged, WDF will restore the area around it to its natural state.
WDF has plugged over 40 orphaned wells in several states including Pennsylvania, Ohio, Louisiana, Montana and New Mexico.
Recommended Reading
Blackstone in Talks to Buy US Pipeline Stakes from EQT for $3.5B, Sources Say
2024-10-28 - If the talks are successful, the deal would help natural gas producer EQT slash the debt pile it accumulated from its acquisition of pipeline operator Equitrans Midstream earlier this year.
Apollo to Buy $1B Stake in BP’s Trans Adriatic Pipeline
2024-09-16 - Apollo will purchase the non-controlling interest from BP subsidiary BP Pipelines TAP Ltd. for $1 billion as the oil major continues to make progress on a divestment target of up to $3 billion.
Voyager Midstream Buys Haynesville G&P Assets from Phillips 66
2024-09-03 - Voyager Midstream acquired about 550 miles of natural gas pipelines, 400 MMcf/d of gas processing capacity and 12,000 bbl/d of NGL production capacity.
DT Midstream to Buy 3 Pipe Networks from ONEOK in $1.2B Deal
2024-11-19 - ONEOK plans to use the proceeds from the sale of the Guardian Pipeline, Midwestern Gas Transmission and Viking Gas Transmission to focus on other operational priorities.
ONEOK’s Acquisitions Pay Off with Increased Earnings
2024-10-31 - ONEOK Inc. also announced the completion of its $2.6 billion Medallion Midstream deal.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.