AAPG 4th Annual
Orphan, Abandoned, Idle, and Marginal Wells: Opportunities with Legacy Assets
AAPG Link
The focus on the 4th Annual Conference is on hidden benefits of orphan, abandoned, idle, and marginal (OAIM) wells, and the information and tools needed to take full advantage of new opportunities. Sessions will focus on where the industry is now with OAIM wells, with changes in regulations, new funding sources and tax credits, particularly for combined plugging and field revitalization and enhanced oil recover (water and CO2 floods). Cost and efficiency improvements through new approaches and technologies will be covered, with case studies and key guidelines, including new materials, new techniques, sensors, AI modeling, drones, detection. In addition, sessions will describe how OAIM development can spur real estate and commercial agricultural development, and electricity generation for data centers, microgrids for communities, with strategic plans and implementing partners.