OKLAHOMA CITY (JR) – A veteran-sponsored nonprofit recently was launched with a focus on plugging and cleaning up abandoned oil wells in the state and across the country.
Environmental Innovators of America was formed in Oklahoma City by Tiger Oil Co. and Maj. Ed Pulido of the John Daly-Major Ed Heart of a Lion Foundation. The goal of the nonprofit will be to raise money to accelerate plugging abandoned or orphaned wells. It also will partner with foundations dedicated to the cleanup of holdover chemicals and will work to salvage abandoned and rusting equipment.
“The problem of abandoned oil wells is significant,” Environmental Innovators of America President Grant Cooke said in a release. “Orphaned wells are a huge environmental hazard – literally a ticking time bomb ready to go off. They leak methane gas into the atmosphere, which contributes to climate change. Over time, they become pathways for oil, gas, or briny water to migrate into groundwater and soil, impacting agriculture and ranching.”
According to the Environmental Protection Agency, unplugged wells leak 280,000 metric tons of methane into the atmosphere each year, though experts have estimated far higher totals.
There are over 2 million orphaned, inactive and unplugged wells in the U.S., the EPA has estimated.
Plugging costs per well range from $25,000-$75,000, so the importance of this issue is at an all-time high, Cooke said.
“This is an opportunity for oil and gas industry professionals to make a difference by taking action through this nonprofit,” he said. “Helping this country clean up abandoned wells is good for the industry, and by hiring veterans, we can do something good for those who paid the ultimate price for freedom.”
According to the release, the company will provide a portion of its revenue to Heart of the Lion, Folds of Honor, and related veteran groups.
For more information, online go to www.environmentalinnovatorsofamerica.org.
"oil" - Google News
May 04, 2022 at 03:33AM
https://ift.tt/5i9WD3C
Nonprofit launched to help plug abandoned oil wells - Journal Record
"oil" - Google News
https://ift.tt/t7fhaoe
Shoes Man Tutorial
Pos News Update
Meme Update
Korean Entertainment News
Japan News Update
Bagikan Berita Ini
0 Response to "Nonprofit launched to help plug abandoned oil wells - Journal Record"
Post a Comment