Name
Out in the Field: Managing At-Risk Wells and Addressing Decommissioning Costs in California
Date & Time
Tuesday, March 25, 2025, 9:30 AM - 9:55 AM
Description
This session examines the challenges of plugging at-risk wells in California while addressing the broader financial implications of decommissioning. Key topics include:
• Evaluating the $15 billion in statewide decommissioning liabilities and financial strategies to manage them.
• Assessing costs related to downhole plugging, site facilities, and inflation impacts.
• Comparing current liabilities to public figures and identifying funding mechanisms to support operators.