HB 5414
Orphan Well Prevention Act of 2024
This bill seeks to prevent orphan gas and oil wells by requiring an operator to post a bond covering the full cost of plugging, or pay into a set-aside fund payments sufficient to plug the well at the end of its useful life.
Sponsors: Evan Hansen, Mickey Petitto
ISSUES: Climate, Land & Wildlife, Pure Water
CWV Position: Supports
Status: Introduced 2/1/2024; referred to Energy