May 21, 2022

Rocky Daily News

Colorado Politics-Sports-Business-Weather

Colorado to request $25M in federal aid to help clean up its more than 1,200 orphan wells

1 min read


Colorado is seeking $25 million from a federal fund to plug orphan oil and gas wells, state officials said, in what could be the first installment of millions in cleanup aid.

The money is part of the Biden administration’s infrastructure program, passed by Congress last November. A total of $1.4 billion in plugging and abandonment funds are being made available to 26 states in the initial round of grants.

Colorado was eligible for an additional $14 million in federal assistance, but accepting it would have required the state to designate projects within 90 days, and complete them within one year, which it couldn’t do.

The infrastructure law allocates a total of $4.7 billion for the orphan well program, and Colorado could be in line for tens of millions more.  

The awards were made…

Mark Jaffe

2022-01-31 15:42:00

All news and articles are copyrighted to the respective authors and/or News Broadcasters. RockyDailyNews.Com is an independent Online News Aggregator

Read more from original source here…

Leave a Reply

Copyright © All rights reserved. | Newsphere by AF themes.