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Abandoned Well Remediation Research and Development Act
12/15/2023, 4:05 PM
Summary of Bill S 429
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.
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.
Congressional Summary of S 429
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.
Read the Full Bill
Current Status of Bill S 429
Bill S 429 is currently in the status of Bill Introduced since February 15, 2023. Bill S 429 was introduced during Congress 118 and was introduced to the Senate on February 15, 2023. Bill S 429's most recent activity was Read twice and referred to the Committee on Energy and Natural Resources. as of February 15, 2023
Bipartisan Support of Bill S 429
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
8Democrat Cosponsors
4Republican Cosponsors
4Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 429
Primary Policy Focus
Environmental ProtectionPotential Impact Areas
- Air quality
- Alternative and renewable resources
- Climate change and greenhouse gases
- Electric power generation and transmission
- Environmental assessment, monitoring, research
- Research and development
- Water storage
- Water use and supply
Alternate Title(s) of Bill S 429
Abandoned Well Remediation Research and Development Act
Abandoned Well Remediation Research and Development Act
A bill to amend the Infrastructure Investment and Jobs Act to require the Secretary of Energy to establish an abandoned wells research, development, and demonstration program, and for other purposes.
Comments
Sponsors and Cosponsors of S 429
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