Institute for Energy Economics & Financial Analysis: Plugging the Gap - As Rising Number of Inactive Wells Grows, New Mexico Cost Cleanups Soar
September 24, 2026
September 24, 2026
LAKEWOOD, Ohio, Sept. 24 (TNSbrep) -- The Institute for Energy Economics and Financial Analysis issued the following news release:
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Plugging the gap: As rising number of inactive wells grows, New Mexico cost cleanups soar
Key Takeaways:
* The number of orphan wells in New Mexico is growing faster than the state can plug them.
* Well-plugging costs are rising rapidly, with one 2025 estimate putting the low end of liabilities at . . .
* * *
Plugging the gap: As rising number of inactive wells grows, New Mexico cost cleanups soar
Key Takeaways:
* The number of orphan wells in New Mexico is growing faster than the state can plug them.
* Well-plugging costs are rising rapidly, with one 2025 estimate putting the low end of liabilities at . . .