Abandoned Well Remediation Research and Development Act

Abandoned Well Remediation Research and Development Act

This bill requires the Department of Energy (DOE) to establish a research, development, and demonstration program concerning abandoned oil and gas wells. Under the program, DOE must work to improve (1) data collection on the location of abandoned oil or gas wells; (2) the plugging, remediation, reclamation, and repurposing of the wells; and (3) strategies to mitigate potential environmental impacts of documented and undocumented abandoned wells.

Bill 118 s 429, also known as the Abandoned Well Remediation Research and Development Act, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to address the issue of abandoned oil and gas wells that pose environmental and safety risks.

The bill proposes the establishment of a research and development program focused on finding innovative solutions for remediating and plugging abandoned wells. This program would be overseen by the Department of Energy and would involve collaboration with industry stakeholders, academic institutions, and other relevant parties.

Additionally, the bill allocates funding for the research and development program, with the goal of accelerating the development of cost-effective and environmentally friendly technologies for addressing abandoned wells. The bill also includes provisions for monitoring and evaluating the effectiveness of these technologies once they are implemented. Overall, the Abandoned Well Remediation Research and Development Act aims to address the growing problem of abandoned wells in the US by promoting research and innovation in this area. If passed, this legislation has the potential to improve environmental protection and public safety while also creating opportunities for economic growth in the energy sector.