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<blockquote data-quote="Davy Crockett" data-source="post: 335198" data-attributes="member: 367"><p>Things will really be busy and booming again in the upcoming years just like eye predicted . The bad thing about it is that the companies will merge, buy, sell and change thier names a few times and we will be busy plugging all the orphan wells left behind. </p><p></p><p></p><p> " State leaders designated $66 million in federal CARES Act funding for plugging abandoned wells, $16 million of which appeared unlikely to be spent by the deadline so was ultimately redirected to reimburse companies for the cost of acquiring water used in the fracking process. Officials authorized another $6 million to finish cleanup work this year. Those efforts are ongoing. " </p><p></p><p> They plugged 339 wells, quite a few of them were the older shallow wells 3000-4000 footers . </p><p></p><p></p><p> what really pisses me off more than anything is they had so much money that they couldn't spend it all so they gave $16 million of it away to oil companies to help cover the cost of thier water bills.</p><p></p><p><span style="color: silver"><span style="font-size: 9px">- - - Updated - - -</span></span></p><p></p><p>10 years ago they said #thistimeitsdifferent. Bullshit. It's not all helms fault but he sure threw a lot of fuel on the fire.</p></blockquote><p></p>
[QUOTE="Davy Crockett, post: 335198, member: 367"] Things will really be busy and booming again in the upcoming years just like eye predicted . The bad thing about it is that the companies will merge, buy, sell and change thier names a few times and we will be busy plugging all the orphan wells left behind. " State leaders designated $66 million in federal CARES Act funding for plugging abandoned wells, $16 million of which appeared unlikely to be spent by the deadline so was ultimately redirected to reimburse companies for the cost of acquiring water used in the fracking process. Officials authorized another $6 million to finish cleanup work this year. Those efforts are ongoing. " They plugged 339 wells, quite a few of them were the older shallow wells 3000-4000 footers . what really pisses me off more than anything is they had so much money that they couldn't spend it all so they gave $16 million of it away to oil companies to help cover the cost of thier water bills. [COLOR="silver"][SIZE=1]- - - Updated - - -[/SIZE][/COLOR] 10 years ago they said #thistimeitsdifferent. Bullshit. It's not all helms fault but he sure threw a lot of fuel on the fire. [/QUOTE]
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