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.

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.

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
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
8
Democrat Cosponsors
4
Republican Cosponsors
4
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 429

Primary Policy Focus

Environmental Protection

Potential Impact Areas

Air qualityAlternative and renewable resourcesClimate change and greenhouse gasesElectric power generation and transmissionEnvironmental assessment, monitoring, researchResearch and developmentWater storageWater use and supply

Alternate Title(s) of Bill S 429

Abandoned Well Remediation Research and Development ActAbandoned Well Remediation Research and Development ActA 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.
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