Estimating Future Oilfield Site Restoration Costs and Methane Emissions from Orphaned and Idle Wells in Louisiana
In November of 2021, President Biden signed into law The Infrastructure Investment and Jobs Act (IIJA), also known as the Bipartisan Infrastructure Bill. Section 40601 of the IIJA included $4.6 billion for orphaned well site plugging, remediation and restoration. Louisiana has already received a $25 million initial grant and is slated to receive significantly more.
The LSU Center for Energy Studies, in collaboration with the College of the Coast & Environment and College of Engineering, has been asked by DNR to assist the state in estimating the oilfield site restoration costs and abated methane emissions. This seminar will provide an overview of the work conducted thus far as well as the plan for research moving forward.
Date and Time
Location
Hosts
Registration
- Date: 03 Mar 2023
- Time: 01:00 PM to 02:00 PM
- All times are (UTC-06:00) Central Time (US & Canada)
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- UL Lafayette campus
- Lafayette, Louisiana
- United States 70503
- Building: Madison Hall
- Room Number: 101 (first floor auditorium)
- Starts 22 February 2023 11:00 AM
- Ends 03 March 2023 09:00 AM
- All times are (UTC-06:00) Central Time (US & Canada)
- No Admission Charge
Speakers
Dr. Greg Upton of Center for Energy Studies, Louisiana State University
Estimating Future Oilfield Site Restoration Costs and Methane Emissions from Orphaned and Idle Wells in Louisiana
In November of 2021, President Biden signed into law The Infrastructure Investment and Jobs Act (IIJA), also known as the Bipartisan Infrastructure Bill. Section 40601 of the IIJA included $4.6 billion for orphaned well site plugging, remediation and restoration. Louisiana has already received a $25 million initial grant and is slated to receive significantly more.
The LSU Center for Energy Studies, in collaboration with the College of the Coast & Environment and College of Engineering, has been asked by DNR to assist the state in estimating the oilfield site restoration costs and abated methane emissions. This seminar will provide an overview of the work conducted thus far as well as the plan for research moving forward.
Biography:
Gregory B. Upton, Jr.
Dr. Greg Upton is Interim Executive Director and Associate Research Professor at the Louisiana State University Center for Energy Studies. LSU-CES was created by the Louisiana Legislature in 1982 and is mandated to provide energy information and analysis that responds to the needs of the legislature, public agencies, and business and civic groups. Dr. Upton’s research is at the intersection of energy and environmental economics. He has over 30 publications and has presented his work to approximately 150 industry, governmental and academic audiences, and has been quoted or cited over 100 times in local and national media including the Wall Street Journal, USA Today, andNPR’sMarketplace. He also currently serves as the Vice President of Conferences for the United States Association for Energy Economics (USAEE). Dr. Upton holds a Ph.D. in Economics from Louisiana State University where he also received both an M.A. in economics and a B.S. in economics with a concentration in empirical analysis.
Email:
Address:LSU Center for Energy Studies , , Baton Rouge