Aging and abandoned oil wells in West Texas are causing significant environmental damage, public health risks, and financial ...

State Plugging Program, a program to save abandoned oil and gas wells across the state from environmental disaster, is ...

Woodside Petroleum reports that the Eskdale-2 exploration well located in the Exmouth Sub-basin was plugged and abandoned as planned. Woodside Petroleum reports that the Eskdale-2 exploration well ...

Researchers have found a way to enhance compressed-air energy storage (CAES) by utilizing geothermal heat in abandoned oil ...

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 1 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as ...

In the booming Permian Basin oil field, a large unincorporated community just outside of the city of Odessa proper has ...

U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on March 21. The oil and gas rig ...

but they generally make money from retrieval via drilling on an oil rig or fracking in gas field—not sales. Upstream companies often face significant financial hurdles since drilling and mining ...

The rapidly-growing sinkhole in Upton County is the latest of many problems caused by old wells in the Permian Basin.

CALGARY – Alberta’s energy minister says the government will never use public tax dollars to clean up abandoned oil and gas wells. Brian Jean says it will never be an option, despite a newly leaked ...

EDMONTON – Alberta Premier Danielle Smith says plans for cleaning up abandoned or inactive oil wells are to be made public in two weeks. She says public funding won’t be needed for the new initiatives ...

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as traders ...