If you’re a high earner, your CPA has probably never mentioned this one out loud: buying a direct working interest in a ...

The California Department of Conservation is facing heavy criticism after it determined a colossal merger of two oil and gas companies is exempt from a state law designed to ensure depleted wells are ...

Add Yahoo as a preferred source to see more of our stories on Google. Rancher Laura Briggs rises early to care for the livestock scattered across her homestead on the arid plains of West Texas. Briggs ...

Experts say Texas rules allow companies to defer plugging wells for far too long.

Most US oil and natural gas production is concentrated in a handful of states, which together supply much of the nation’s crude. The US is a net exporter of oil and natural gas, though it still ...

A knee-high pipe sticking out of the ground not far from a school. A gurgle in a pond on rolling farmland. A patch of forest undergrowth hiding a long-forgotten, leaking oil well. Relics like these ...

Last August, the U.S. Department of the Interior announced $76 million in federal funding to support Pennsylvania in properly decommissioning gas and oil drill sites the industry has abandoned. More ...

An estimated 880,000 abandoned oil and gas wells dot the United States. These orphaned wells, some of which were deserted as long as a century ago, can leak toxic oil and gas into the groundwater and ...

Fracking wastewater, injected underground for permanent disposal, traveled 12 miles through geological faults before bursting to the surface through a previously plugged West Texas oil well in 2022, ...

Undocumented orphaned wells pose hazards to both the environment and the climate. Scientists are building modern tools to help locate, assess, and pave the way for ultimately plugging these forgotten ...