Texas will begin plugging about 800 abandoned oil and gas wells this fall, the state’s oil and gas agency said, after receiving an initial $25 million grant from a program included in President Joe Biden’s infrastructure plan.
It’s a fraction of the approximately 7,400 documented abandoned oil and gas wells that need to be plugged in the state — and industry observers believe the figure to be an undercount. Several more millions of dollars are expected to be disbursed to Texas through the newly created federal program.