image590
image591
  • Home
  • Orphan Wells
  • Our Mission
  • P&A Benefits
  • Our Goal
  • Our Team
  • Our Partners
  • Resources
  • Our Blog
    • Home
    • Orphan Wells
    • Our Mission
    • P&A Benefits
    • Our Goal
    • Our Team
    • Our Partners
    • Resources
    • Our Blog
  • Home
  • Orphan Wells
  • Our Mission
  • P&A Benefits
  • Our Goal
  • Our Team
  • Our Partners
  • Resources
  • Our Blog

Which image does your community prefer?

image592

P&A Benefits

Effective for Reducing Methane Emissions

Supplements the Financial Assurance Collection Deficit

Limits Commission's Need for Legislative Funding

image593

Scientists at consulting firm GHD Services Inc., the University of Cincinnati, and Washington State University measured methane emissions at 138 abandoned wells. Out of over 100 plugged wells, just one was emitting methane, and only at a low level. By contrast, 40 percent of the unplugged wells were leaking methane, and the average leak rate was over 100 times higher than the single leaking plugged well. Overall, average emissions of unplugged wells were 5,000 times higher than plugged wells. 


"Paying Attention to "Orphan" Wells Pays Off", By EDF Blogs / Bio / Published: February 26, 2016 

Limits Commission's Need for Legislative Funding

Supplements the Financial Assurance Collection Deficit

Limits Commission's Need for Legislative Funding

image594

House Bill 1, as introduced in the 86th Legislature, provides $39.1 million in Economic Stabilization Fund (“Rainy Day Fund”) appropriations for oil and gas well plugging and site remediation  Without supplemental appropriation and a long-term solution to revenue uncertainty, the chronically underfunded Railroad Commission of Texas will face a reduction in well plugging. 

Supplements the Financial Assurance Collection Deficit

Supplements the Financial Assurance Collection Deficit

Supplements the Financial Assurance Collection Deficit

image595

Bond funds collected to plug abandoned wells only cover 15.9 percent of the total annual plugging cost. In the last fiscal year, the Railroad Commission collected $4,288,068 in blanket bonds from 94 operators who abandoned 1,584 wells — collecting $2,707 per well as of April 2016. In the same year, the Railroad Commission spent $11,772,895 plugging 692 wells — spending $17,012 per well.



Sunset Advisory Commission, Railroad Commission of Texas, 2016–2017

85th Legislature Staff Report with Final Result

image596

Why should we clean up other peoples' messes?

See More

Why should oil & gas companies contribute to the cause?

image597

Texas has been good to us. Let's return the favor.

image598

ESG Investing

Here's why ESG Investing will impact the oil and gas industry landscape in 2021

Find out more
image599

Bloomberg's ES Scores

Bloomberg Launches Data-Driven Environmental & Social Scores (ES) for the Oil & Gas Sector 

Oil & Gas ES Brochure
image600

Sustainable Business Practice

 Can Energy Stocks and ESG Coexist?  

Can they?

Copyright © 2021 Native State Environmental, Inc. - All Rights Reserved.

Powered by GoDaddy

Abandonment Issues

The number of abandoned oil and gas wells is on the verge of exploding. These industry insiders want to be part of the solution. 

Link to Story