Backed with more Federal Cares Act funding, North Dakota and Wyoming are going ahead with a second round to employ oilfield service companies in plugging oil abandoned wells.
In North Dakota, more than 71 wells were plugged and reclaimed last year and resulted in employing 400 people besides generating more than $6.4 million in sales taxes.
New funding this year appropriates $6 million.
There is around $40,000,000 in work left for plugging and reclamation for confiscated wells this year.
In the meantime, Wyoming is going ahead with a $12 Million Cares Act funding well plugging program.
“These funds will once again target projects that bring immediate economic benefits, including Wyoming job growth and revenue, along with the environmental benefits of plugging and reclaiming oil and gas wells that are no longer in use, or near the end of their useful life,” said Gov. Mark Gordon.
This year’s program will put a $500,000 cap on each project and be administered by the Wyoming Oil and Gas Conservation Commission. “It created thousands of local jobs, and succeeded in kickstarting more than $150 million in new production,” Gordon said.