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Statements

Subject Item
dbr:Orphan_wells
rdf:type
owl:Thing
rdfs:label
Orphan wells
rdfs:comment
Orphan, orphaned or abandoned wells are oil or gas wells that have been abandoned by fossil fuel extraction industries. These wells may have been deactivated because of economic viability, failure to transfer ownerships (especially at bankruptcy of companies), or neglect and thus no longer have legal owners responsible for their care. Decommissioning wells effectively can be expensive, costing millions of dollars, and economic incentives for businesses generally encourage abandonment. This process leaves the wells the burden of government agencies or landowners when a business entity can no longer be held responsible. As climate change mitigation reduces demand and usage of oil and gas, its expected that more wells will be abandoned as stranded assets.
rdfs:seeAlso
dbr:Carbon_capture dbr:Storage
dcterms:subject
dbc:Oil_wells
dbo:wikiPageID
67333772
dbo:wikiPageRevisionID
1120069720
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dbr:Petroleum dbc:Oil_wells dbr:Oil_well dbr:Bedrock dbr:Orphaned_wells_in_the_United_States dbr:Climate_change_mitigation dbr:Brine dbr:Stranded_asset dbr:Greenhouse_gas_emissions dbr:Well_Done_Foundation dbr:Natural_gas dbr:Hydraulic_fracturing dbr:Methane_emissions dbr:Orphaned_and_abandoned_wells_in_the_United_States dbr:Groundwater
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dbo:abstract
Orphan, orphaned or abandoned wells are oil or gas wells that have been abandoned by fossil fuel extraction industries. These wells may have been deactivated because of economic viability, failure to transfer ownerships (especially at bankruptcy of companies), or neglect and thus no longer have legal owners responsible for their care. Decommissioning wells effectively can be expensive, costing millions of dollars, and economic incentives for businesses generally encourage abandonment. This process leaves the wells the burden of government agencies or landowners when a business entity can no longer be held responsible. As climate change mitigation reduces demand and usage of oil and gas, its expected that more wells will be abandoned as stranded assets. Orphan wells are an important contributor of greenhouse gas emissions causing climate change. Wells are an important source of methane emissions through leakage through plugs, or failure to plug properly. A 2020 estimate of US abandoned wells alone was that methane emissions released from abandoned wells produced greenhouse gas impacts equivalent of 3 weeks US oil consumption each year. The scale of leaking abandoned wells are well understood in the US and Canada because of public data and regulation; however, a Reuters investigation in 2020 could not find good estimates for Russia, Saudi Arabia and China—the next biggest oil and gas producers. However, they estimate there are 29 million abandoned wells internationally. Abandoned wells also have the potential to contaminate land, air and water around wells, potentially harming ecosystems, wildlife, livestock, and humans. For example, many wells in the United States are situated on farmland, and if not maintained could contaminate important sources of soil and groundwater with toxic contaminants.
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wikipedia-en:Orphan_wells?oldid=1120069720&ns=0
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10209
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wikipedia-en:Orphan_wells