West Virginia has 13,000 Abandoned Oil, Gas Wells
Investing News Network - August 17th, 2011
Forbes reports that according to a new report from the state Department of Environmental Protection announced that West Virginia has 13,000 abandoned oil and gas wells.
Forbes reports that according to a new report from the state Department of Environmental Protection announced that West Virginia has 13,000 abandoned oil and gas wells.
The press release is quoted as saying:
State law defines an abandoned well as a finished dry hole or a well that hasn’t been used in a year. Operators are required to plug such wells unless they can demonstrate they can be used in the future.