Orphaned oil and gas well stimulus—Maximizing economic and environmental benefits
نویسندگان
چکیده
Orphaned oil and gas wells are abandoned for which the cost of environmental impacts usually falls on governments general public. Government agencies responsible well plugging often face funding shortfalls many orphaned remain unplugged. To address this support natural industry, federal already spending, or considering billions dollars to plug wells. Here, we analyze data United States Canada identify policy recommendations that can best At least 116,245 across 32 states four Canadian provinces/territories operated by companies filing bankruptcy in first half 2020, may be an indication will near future. Moreover, there 4,700,000 historic active another 790,000 Canada. Of these, 2,000,000 310,000 Canada, respectively. Thus, three five ever drilled currently inactive (2,700,000 wells), but only one plugged (1,500,000 wells). Plugging involves isolating zones containing oil, gas, water is main strategy abandonment. If stimulus comes through, tens thousands within a few years. Well at scale far exceeds current rates plugging, it important work ensure long-term benefits abandonment water, air, climate, ecosystems, human health. Minimizing millions States, abroad allow economically beneficial environmentally safe transition carbon-neutral economy.
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ژورنال
عنوان ژورنال: Elementa
سال: 2021
ISSN: ['2325-1026']
DOI: https://doi.org/10.1525/elementa.2020.20.00161