The oil market downturn has not caused a substantial increase in abandoned oil and gas wells in Texas, a top state oil and gas regulator said Tuesday.
“We’re monitoring that issue closely, but we have not seen a significant increase in that number of high risk wells,” said Lori Wrotenbery, director of the Railroad Commission of Texas’ oil and gas division, during a panel discussion at the US Energy Information Administration’s annual conference.
Is a policy analyst for TCAP, a coalition of cities and other political subdivisions that purchase electricity in the deregulated market for their own governmental use. Because high energy costs can impact municipal budgets and the ability to fund essential services, TCAP, as part of its mission, actively promotes affordable energy policies. High energy prices also place a burden on local businesses and home consumers.