WVSORO comments to Bureau of Land Management on new federal lands oil and gas leasing bonding rule that will guarantee future orphaned wells.

WVSORO can find no examples of where bonding paid the full cost of plugging when a well owner goes out of business.  Instead the driller should stat setting aside money when the well first goes not line (when there is money).  And blanket/statewide bonding is sure to fail.

Updated: October 31, 2023 — 1:00 pm
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