State News

Repairing the Damage from Hazardous Abandoned Oil & Gas Wells

After more than a century of oil and gas drilling, unplugged or improperly plugged abandoned oil and gas wells are causing extensive environmental damage and imposing health and safety risks because they are leaching pollutants into the air and water. Some of these abandoned wells are leaking large amounts of harmful methane into the atmosphere, which is a powerful greenhouse gas that contributes to climate change, as well as volatile...

One Researcher’s Quest To Quantify The Environmental Cost Of Abandoned Oil Wells

Amy Townsend-Small has been chasing methane her entire professional life. The quest has taken her from Southern California freeways to sewage plants to animal feedlots. Sniffing out the potent greenhouse gas, which traps 86 times as much heat as carbon dioxide after it’s emitted into the atmosphere, has required her to breathalyze cows and take chemical measurements at large manure lagoons. When fracking took off around 2010, Townsend-Small shifted her...

Gas Companies Are Abandoning Their Wells, Leaving Them to Leak Methane Forever

In the past five years, 207 oil and gas businesses have failed. As natural gas prices crater, the fiscal burden on states forced to plug wells could skyrocket; according to Rystad Energy AS, an industry analytics company, 190 more companies could file for bankruptcy by the end of 2022. Many oil and gas companies are idling their wells by capping them in the hope prices will rise again. But capping...

Special Report: Millions of abandoned oil wells are leaking methane, a climate menace

More than a century of oil and gas drilling has left behind millions of abandoned wells, many of which are leaching pollutants into the air and water. And drilling companies are likely to abandon many more wells due to bankruptcies, as oil prices struggle to recover from historic lows after the coronavirus pandemic crushed global fuel demand, according to bankruptcy lawyers, industry analysts and state regulators....

California’s multibillion-dollar problem: In Arvin, fumes remain near homes and schools

Five years ago, Elvia Garcia returned to her home in Arvin, which she said had been looted while she was gone. Since then, her family has continued to suffer from lingering headaches brought on by occasional odors. State regulators fined the company responsible for the leak, Petro Capital Resources LLC. The company installed machines on homes in the neighborhood, including Garcia’s, to remove gas — and vent it into backyards....

California’s multibillion-dollar problem: More than 7,600 wells on pause

CRC has since faced harsh market forces. Oil production at the wells now owned by the company is down more than 70% since the 1980s. Gas is down more than 50%. CRC’s shares had lost more than four-fifths of their value as of mid-January. The company’s cash generated after expenses — a key financial measure known as net free cash flow — is several hundred million dollars in the red...