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Thursday, January 9, 2014

Coming to Canadian Provinces soon......

Wyoming May Act to Plug Abandoned Wells as Natural Gas Boom Ends

DENVER — Hundreds of abandoned drilling wells dot eastern Wyoming like sagebrush, vestiges of a natural gas boom that has been drying up in recent years as prices have plummeted.

The companies that once operated the wells have all but vanished into the prairie, many seeking bankruptcy protection and unable to pay the cost of reclaiming the land they leased. Recent estimates have put the number of abandoned drilling operations in Wyoming at more than 1,200, and state officials said several thousand more might soon be orphaned by their operators.
      
Wyoming officials are now trying to address the problem amid concerns from landowners that the wells could contaminate groundwater and are a blight on the land.
      
This month, Gov. Matt Mead proposed allocating $3 million to pay for plugging the wells and reclaiming the land around them. And the issue is expected to be debated during next year’s legislative session as lawmakers seek to hold drilling companies more accountable.
 
 
This is Harper's legacy that he will be leaving to your grandchildren and great grandchildren. Taxpayers will be left with the clean up responsibilities of oil, natural gas and mining companies as they abandon projects around the country. It has already started in the mining industry as we, the taxpayer, are footing the bill for billions of dollars to stabilize waste from gold mines that have been abandoned.

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