The $111.4 million for Louisiana is enough money to plug about a quarter of the state’s documented orphan wells.
Interesting article about how Louisiana is going to receive a good amount of money to plug some of its orphan wells throughout the State. This is a good start even though I'm not sure why taxpayers have to pick up the bill for something that the oil companies did. It's not like they didn't make a ton of money along the way. Anyway, a victory for the environment.
Read the full story here...
https://www.nola.com/news/environment/article_017ee0ee-82d6-11ec-8d4d-afc5627eb8d7.html
What's the plan for the rest of the wells?
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Not sure there is one....
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Looks like a hazard to boating too....
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No doubt, and they are all over the waterways in South Louisiana. :(
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