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The Biden administration is offering federal assistance to certain states for the closure of low-producing oil and gas wells. Funding comes from the Inflation Reduction Act’s $350 million program called the Mitigating Emissions from Marginal Conventional Wells.
Gov. Mark Gordon announced this week the state will decline an invitation to apply for millions in federal Inflation Reduction Act funds aimed at shuttering low-producing oil and gas wells.
Gov. Mark Gordon announced this week the state will decline an invitation to apply for millions in federal Inflation Reduction Act funds aimed at shuttering low-producing oil and gas wells.
Gov. Mark Gordon announced this week the state will decline an invitation to apply for millions in federal Inflation Reduction Act funds aimed at shuttering low-producing oil and gas wells.
The federal program offers $5 million to close low-producing and idle wells to prevent errant methane gas emissions.