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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.
2024-02-27 - Former CEO Peter Faricy departed SunPower Corp. on Feb. 26, according to the company.
2024-02-27 - Berkshire Hathaway’s Warren Buffett added that the U.S. electric power situation is “ominous.”
2024-02-26 - CorEnergy, coming off a January sale of its MoGas and Omega pipeline and gathering systems, filed for bankruptcy protect after reaching an agreement with most of its debtors.
2024-02-26 - First Solar commissioned a study to analyze the economic impact of its vertically integrated solar manufacturing value chain.
2024-01-04 - Enterprise Products Partners will use proceeds from the public offering of notes for general company expenses, capital investments and repayment of debt maturing in February 2024.