Texas to Fund Plugging of Low-Producing Oil and Gas Wells


   
   HOUSTON, TX (DTN) --Texas is accepting applications from marginal 
conventional well owners and operators who are interested in permanently 
plugging and abandoning their oil and/or  gas wells,  the Texas Commission on 
Environmental Quality announced Tuesday (9/8).

    The Texas Voluntary Marginal Conventional Well Plugging Program (TxMCW) has 
more than $100 million in available funding, sourced through the federal 
Inflation Reduction Act's Methane Emissions Reduction Program.

   Individuals, corporations, state and local governments, and other legal 
entities are eligible to apply. To qualify, wells must be located onshore in 
Texas, must be vertical, and must produce no more than 15 barrels of oil 
equivalent per day or 90 thousand cubic feet of gas per day annually. Wells 
cannot have been previously plugged and must have a known owner or operator.

   Interested applicants are encouraged to review the posted 
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guidelines and submission instructions.

   Applications will be accepted until 5:00 p.m. CST on Nov. 9, 2026. Wells 
will be selected for participation on a competitive basis.




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