Restoring and plugging the average U.S. oil and gas well comes with a price tag of an estimated 24,500 U.S. dollars. In the past, Michigan and Utah have seen particurlarly high restoration costs, largely due to stricter technical requirements and location of wells plugged.
Estimated plugging and restoration costs for oil and gas wells in the United States as of 2020, by state
(in U.S. dollars per well)
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Statista. (July 15, 2020). Estimated plugging and restoration costs for oil and gas wells in the United States as of 2020, by state (in U.S. dollars per well) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/759961/oil-and-gas-well-restoration-costs-in-the-us/
Statista. "Estimated plugging and restoration costs for oil and gas wells in the United States as of 2020, by state (in U.S. dollars per well)." Chart. July 15, 2020. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/759961/oil-and-gas-well-restoration-costs-in-the-us/
Statista. (2020). Estimated plugging and restoration costs for oil and gas wells in the United States as of 2020, by state (in U.S. dollars per well). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/759961/oil-and-gas-well-restoration-costs-in-the-us/
Statista. "Estimated Plugging and Restoration Costs for Oil and Gas Wells in The United States as of 2020, by State (in U.S. Dollars per Well)." Statista, Statista Inc., 15 Jul 2020, https://www-statista-com.ezproxy.canberra.edu.au/statistics/759961/oil-and-gas-well-restoration-costs-in-the-us/
Statista, Estimated plugging and restoration costs for oil and gas wells in the United States as of 2020, by state (in U.S. dollars per well) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/759961/oil-and-gas-well-restoration-costs-in-the-us/ (last visited November 10, 2024)
Estimated plugging and restoration costs for oil and gas wells in the United States as of 2020, by state (in U.S. dollars per well) [Graph], Statista, July 15, 2020. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/759961/oil-and-gas-well-restoration-costs-in-the-us/