Orphaned Oilfield Sites

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During the 2024 Regular Session of the Louisiana Legislature, the Louisiana Natural Resources Trust Authority was created to address a longstanding problem involving abandoned or orphan wells. This Trust Authority will allow the State of Louisiana to revamp its approach to orphan well management and finance, with goals of responsible development and cost savings across the…

The U.S. Interior Department recently announced that it is awarding Louisiana with about $47 million to be used to plug and abandon the orphaned well sites throughout the state.  This is part of phase one of many under the Infrastructure Investment and Jobs Act, which was signed by President Biden in November.

Louisiana first turned…