Railroad Commission asks legislature for millions to pay for abandoned oil wells | KABB

The pandemic caused a staggering drop in oil prices over the last year, which has resulted in less production in Texas and more abandoned wells. Caption: (SBG San Antonio) It is the responsibility of oil and gas operators to plug wells and clean up once operation ceases and the majority of time they do, but when a company files bankruptcy, it is up to the state to clean up the mess. A lot has changed since the Rooke family began drilling on their 15,000 acre La Rosa Ranch in Refugio County.

Source: Railroad Commission asks legislature for millions to pay for abandoned oil wells | KABB