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Diversified Energy’s Questionable Financial Practices Continue in 2022

Diversified Energy’s Questionable Financial Practices Continue in 2022

by Ted Boettner and Kathy Hipple | Jan 12, 2023 | Orphaned Oil & Gas Wells, Reports

Download report   Earlier this year, we published Diversified Energy: A Business Model Built to Fail Appalachia, which questioned the company’s ability to pay for decommissioning its inventory of over 60,000 wells in Appalachia. Since that time, Diversified...
Diversified Energy: A Business Model Built to Fail Appalachia

Diversified Energy: A Business Model Built to Fail Appalachia

by Ted Boettner, Kathy Hipple, and Anthony Ingraffea | Apr 12, 2022 | Orphaned Oil & Gas Wells, Repairing the Damage, Reports

Download report      Download appendices      Download summary Download digital toolkit Diversified Energy, the nation’s largest owner of oil and gas wells, does not have enough funds to plug its entire inventory of assets, research from the Ohio River Valley...
Maximizing Impact of Federal Orphaned Well Program in States

Maximizing Impact of Federal Orphaned Well Program in States

by Ted Boettner | Mar 30, 2022 | Blog Posts, Orphaned Oil & Gas Wells, Repairing the Damage, Shared Prosperity and Clean Energy

Earlier this month, we provided an explainer of the $4.7 billion federal orphaned well program that was included in the federal infrastructure legislation (the Infrastructure Investment and Jobs Act of 2021) and what that meant for states in the Ohio River Valley. To...
Federal Orphan Well Funding, Explained

Federal Orphan Well Funding, Explained

by Ted Boettner | Mar 8, 2022 | Blog Posts, Orphaned Oil & Gas Wells, Repairing the Damage, Shared Prosperity and Clean Energy

  At the end of January, the Biden administration and the US Department of Interior (DOI) announced the first round of $1.15 billion in funding from a new federal orphaned well program to plug, remediate, and reclaim oil and gas wells. As part of the 2021...
Stayin’ Alive: The Last Days of Stripper Wells in the Ohio River Valley

Stayin’ Alive: The Last Days of Stripper Wells in the Ohio River Valley

by Ted Boettner | Dec 16, 2021 | Orphaned Oil & Gas Wells, Repairing the Damage, Reports

Download report Download summary  Download digital toolkit   In recent years, there has been growing concern over the millions of oil and gas wells that are no longer producing but are threatening the environment and public health and will cost tens of billions...
REGROW Act Could Provide $1.7 Billion to Clean Up Hazardous Wells in Appalachia

REGROW Act Could Provide $1.7 Billion to Clean Up Hazardous Wells in Appalachia

by Ted Boettner | Jun 14, 2021 | Blog Posts, Orphaned Oil & Gas Wells, Repairing the Damage, Shared Prosperity and Clean Energy

In early April, we released a report outlining the benefits of plugging and cleaning up orphan and abandoned oil and gas wells in Appalachia. Since that time, there have been several bills introduced in Congress to address the issue. These include the Orphan Well...
Repairing the Damage from Hazardous Abandoned Oil & Gas Wells

Repairing the Damage from Hazardous Abandoned Oil & Gas Wells

by Ted Boettner | Apr 14, 2021 | Orphaned Oil & Gas Wells, Repairing the Damage, Reports, Shared Prosperity and Clean Energy

Download report Download summary   After more than a century of oil and gas drilling, unplugged or improperly plugged abandoned oil and gas wells are causing extensive environmental damage and imposing health and safety risks because they are leaching pollutants...
A federal solution is needed to address hazardous abandoned wells

A federal solution is needed to address hazardous abandoned wells

by Ted Boettner | Mar 16, 2021 | Blog Posts, Orphaned Oil & Gas Wells, Repairing the Damage

On Thursday the Subcommittee on Energy and Mineral Resources in the US House will be holding a hearing on the federal Abandoned Mine Land (AML) Program to discuss reauthorization of the program and how it can help local economies and the environment. The AML program...
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