IOGCC Issues Report on Idle and Orphan Oil and Gas Wells

 

OKLAHOMA CITY, OK (December 31, 2019) –The Interstate Oil and Gas Compact Commission (IOGCC), with direction and support from the Legal and Regulatory Affairs Committee, has released a report titled, Idle and Orphan Oil and Gas Wells: State and Provincial Regulatory Strategies.

The report documents the number of idle and orphan wells in the United States and Canada and associated well plugging and site restoration costs. It also outlines the regulatory tools and funding sources used to ensure idle wells are properly maintained and funds are available to plug orphan wells.

IOGCC has studied idle and orphan oil and gas wells for many years and published reports on the issue in 1992, 1996, 2000, and 2008. This report provides updated information based on survey responses from 30 IOGCC member states and, for the first time, five Canadian provinces.

As an organization, IOGCC is committed to continuing to support the states and provinces in their efforts to assess the effectiveness of their idle and orphan well programs and identify tools and strategies from other jurisdictions that may be useful.

Click here to read the report.