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Oklahoma’s oil industry pays into a voluntary fund to clean up oil wells, but many drillers opt out. The money that has been refunded to these companies in recent years could have restored an ...
All told, dozens of oil companies received refunds worth about $11 million over the past seven years, ProPublica and Capital & Main found. Put another way, for every $100 the state brought in via ...
There could be about a million 'orphan' oil and gas wells across the U.S. As they age, they can leak greenhouse gases or unhealthy chemicals.
The oil and gas industry has reaped profits without ensuring there's money to clean up “orphaned” wells. In Oklahoma, it could cost more than $7 billion.
Last week Governor Marland, now 61 and a bit dumpy, buttoned on his overcoat, went out his front door, trudged across the street to see British American Oil Co.’s No. 1 Piersol well. There they ...
More: Thousands of Permian Basin wells sold to Dallas company as U.S. oil growth led by region. I Squared Capital announced Feb. 16 it would acquire a majority interest in the Whistler Pipeline ...
Overall, as of 2022, Oklahoma's oil and gas industry and its component sectors sustained 4,000 businesses, produced $19 billion in state gross domestic product, provided state households with $16. ...
ProPublica and Capital & Main reached out to all 76 companies that requested refunds in the past seven years as well as to the main in-state trade groups, the Oklahoma Energy Producers Alliance ...
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