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A study of terminal decline rates of oil & gas wells

Handler, Brad
; 
Colorado School of Mines. Payne Institute for Public Policy
; 
Bhalala, Vandan
; 
O'Byrne, Liam
; 
Crompton, James
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2025-06-09
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Publications - Payne Institute
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Payne-Institute-Commentary-A-Study-of-Terminal-Decline-Rates-of-Oil-Gas-Wells.pdf
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https://hdl.handle.net/11124/180828
 https://doi.org/10.25676/11124/180828
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Abstract
In the United States alone, the Environmental Protection Agency estimates that there may be nearly 4 million inadequately decommissioned oil and gas wells. These wells and associated surface facilities represent material health and safety risks for people and nature in their immediate surroundings. They also collectively are a significant contributor to greenhouse gas emissions, a driving force behind global warming [1].
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