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Dying oil companies’ parting gift: millions in cleanup costs

  • Grist faviconGrist

    By Naveena SadasivamMar 2, 2021, 6:45 am285 pts
    photo of Dying oil companies’ parting gift: millions in cleanup costs imageWhen Weatherly Oil and Gas filed for bankruptcy in February 2019, the company was walking away from several hundred Texas wells. Many hadn’t produced a drop of oil in years. Companies are legally required to “plug” wells that they’re no longer using to extract oil and gas by pouring concrete into all…
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Leaf through planet Earths environmental headlines in one convenient place. Read, share and discover the latest on ecology, science and green living from the web's most popular sites.

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