MRP 145: Abandoned and Orphan Wells with Professor Jim Crompton
The Mineral Rights Podcast: Mineral Rights | Royalties | Oil and Gas | Matt Sands
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Show Notes
In this episode I interview Jim Crompton, oil and gas industry expert, professor at the Colorado School of Mines, and owner Reflections Data Consulting, LLC. He is also an instructor at Top Energy Training which helps educate regulators, inspectors, policymakers, and oil & gas industry professionals so that they can develop informed public policy and regulations around complex issues in the oil and gas industry, like orphan wells.
We discuss all aspects of the orphan wells issue, from the size of the problem, advancements in technology that may help industry better prioritize the abandoned wells that require attention, what landowners should do if they find an abandoned well on their property, and incentive mechanisms that might help solve this problem.
As always, links to the resources mentioned in this episode can be found at mineralrightspodcast.com