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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.
2024-02-02 - Exxon Mobil and Chevron plan to tap West Texas and New Mexico for oil and gas production growth in 2024, the U.S. majors reported in their latest earnings.
2024-02-05 - Issues related to Venture Global LNG’s contract commitments and U.S. President Joe Biden’s recent decision to pause approvals of new U.S. liquefaction plants have raised questions about the reliability of the American LNG sector, according to Shell CEO Wael Sawan.
2024-02-15 - BP wants to boost its LNG portfolio to 25 mtpa by 2025 under a plan dubbed “25-by-25,” upping its portfolio by 9% compared to 2023, CEO Murray Auchincloss said during the company’s webcast with analysts.
2023-12-11 - Hess Corp.'s dividend will be payable Dec. 29 to shareholders of record by Dec. 18
2024-01-31 - Hess Corp. increased its drilling activity and output from the Bakken play of North Dakota during the fourth quarter, the E&P reported in its latest earnings.