Orphan or Abandoned Well Plugging Program (OAWP)
This program provides funding to address the environmental and safety risks posed by abandoned oil and gas wells in Pennsylvania.
Description
Act 13 of 2012 establishes the Marcellus Legacy Fund and allocates funds to the Commonwealth Financing Authority for funding orphan or abandoned well plugging projects using the Orphan or Abandoned Well Plugging Program (OAWP). Pennsylvania has hundreds of thousands of oil and gas wells drilled since 1859. This program provides a mechanism to plug abandoned and orphaned wells that have the potential to cause health, safety or environmental concerns.
Financial Info:
There is a maximum of $1,000,000 for any project.