AUSTIN, Texas, Sept. 8 -- The Texas Commission on Environmental Quality issued the following news release:
The Texas Voluntary Marginal Conventional Well Plugging Program (TxMCW) is now accepting applications from marginal conventional well owners and operators who are interested in permanently plugging and abandoning their oil and/or gas wells. This more than $100 million is from the Inflation Reduction Act's Methane Emissions Reduction Program.
Eligible applicants include individuals, corporations, state and local governments, and other legal entities.
Eligible Wells
Qualifying wells must be onshore in the state of Texas and produce less than or equal to either 15 barrels of oil equivalent per day (BOED), or 90 thousand cubic feet (Mcf...