A study published in Nature Energy on Monday has revealed that the U.S. Oil Patch is home to tens of thousands of inactive offshore oil and gas wells that remain unplugged, posing the risk of possible leaks into the ocean. The study estimates that whereas plugging and abandoning these wells could minimize their environmental risk, the exercise would cost the industry a hefty $30 billion.
There are more inactive, non-producing wells in the Gulf of Mexico coastal waters in Louisiana, Texas and Alabama that have not been plugged and…Alberta Wildfires Take 145,000 Bpd Of Oil Off Market
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