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REGROW Act could help oil industry Hayley Boland © Provided by Minot-Bsmrck-Dcknsn(Wlstn) KFYR-TV Oil Well BISMARCK, N.D. (KFYR) - There’s a bipartisan bill in Congress that could offer some hope for the country’s oil industry. The Revive Economic Growth and Reclaim Orphaned Wells Act, also known as the REGROW Act, aims to provide funding to plug and remediate the nation’s orphaned wells. The bill would provide $4.75 billion for orphaned well cleanup on state and private lands, $400 million for cleanup on public and tribal lands and $32 million for related research, d...

North Dakota, Using Taxpayer Funds, Bailed Out Oil and Gas Companies by Plugging Abandoned Wells The bailout, environmentalists say, raises bigger questions about who will pay, in an energy transition, to close off the nation’s millions of aging wells. May 23, 2021 An abandoned oil well sits on a farm in Western North Dakota, with contamination spreading into the field beyond it. Credit: Daryl Peterson Related Share this article When North Dakota directed more than $66 million in federal pandemic relief funds to clean up old oil and gas wells last year, it seemed like the type of program ev...

eogden@minotdailynews.com Eloise Ogden/MDN North Dakota has continued to produce more than a million barrels of oil a day, according to the most recent state report released in February. Four years ago, 64 rigs were actively drilling in the oil field in North Dakota. As of Tuesday, 17 rigs were actively drilling. The current downturn has had an impact on North Dakota’s oil patch but yet the state produced 1.083 million barrels of oil a day in February, the most recent numbers released by the state last month. “Right now it’s all about staying within cash flow and staying within tryi...

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Whether the Dakota Access Pipeline can keep operating during a lengthy environmental review remains an open question following a court hearing April 9, in which the U.S. Army Corps of Engineers said it was in a "continuous process of evaluating" the situation. The Corps was expected to say whether it would force the pipeline to stop pumping oil temporarily, but that decision will likely now fall to a federal judge overseeing the pipeline litigation. U.S. District Court Judge James Boasberg said he was "surprised" by the announcement from the Corps, adding that he "would have thought there wou...