Gregory Upton News Today

Carbon capture is turning the oil and gas industry into a critical player for mitigating climate change – while its products continue to heat up the planet.

(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.)

On the surface, these projects seem beneficial.

In a crowded room in Iberville Parish on Thursday night, the sentiment was clear: “no solar.”

Capping these potential sources of methane could cost $30 billion. But targeting wells in shallow waters would have the highest impact, a new study finds

Waters off Alabama, Louisiana and Texas are home to 14,000 nonproductive wells

International, MNA | The cost to secure thousands of inactive oil and gas wells in the US Gulf of Mexico could top $30 billion, according to research published

A new article examines the cost to plug 14,000 wells that are inactive, have not produced for five years and are unlikely to be reactivated in the Gulf of Mexico region, which is the epicenter of U.S. offshore oil and gas operations.

There are an estimated 14,000 unplugged oil and gas wells off the southeastern coast of the United States, posing a grave environmental risk, researchers say.

The cost to permanently plug and abandon these oil wells in the Gulf of Mexico could reach an alarming $30 billion