Restoring and plugging the average U.S. oil and gas well comes with a price tag of an estimated 24,500 U.S. dollars. In the past, Michigan and Utah have seen particurlarly high restoration costs, largely due to stricter technical requirements and location of wells plugged.
Estimated plugging and restoration costs for oil and gas wells in the United States as of 2020, by state
(in U.S. dollars per well)
Characteristic
Costs per well in U.S. dollars
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Statista. (July 15, 2020). Estimated plugging and restoration costs for oil and gas wells in the United States as of 2020, by state (in U.S. dollars per well) [Graph]. In Statista. Retrieved July 08, 2024, from https://www.statista.com/statistics/759961/oil-and-gas-well-restoration-costs-in-the-us/
Statista. "Estimated plugging and restoration costs for oil and gas wells in the United States as of 2020, by state (in U.S. dollars per well)." Chart. July 15, 2020. Statista. Accessed July 08, 2024. https://www.statista.com/statistics/759961/oil-and-gas-well-restoration-costs-in-the-us/
Statista. (2020). Estimated plugging and restoration costs for oil and gas wells in the United States as of 2020, by state (in U.S. dollars per well). Statista. Statista Inc.. Accessed: July 08, 2024. https://www.statista.com/statistics/759961/oil-and-gas-well-restoration-costs-in-the-us/
Statista. "Estimated Plugging and Restoration Costs for Oil and Gas Wells in The United States as of 2020, by State (in U.S. Dollars per Well)." Statista, Statista Inc., 15 Jul 2020, https://www.statista.com/statistics/759961/oil-and-gas-well-restoration-costs-in-the-us/
Statista, Estimated plugging and restoration costs for oil and gas wells in the United States as of 2020, by state (in U.S. dollars per well) Statista, https://www.statista.com/statistics/759961/oil-and-gas-well-restoration-costs-in-the-us/ (last visited July 08, 2024)
Estimated plugging and restoration costs for oil and gas wells in the United States as of 2020, by state (in U.S. dollars per well) [Graph], Statista, July 15, 2020. [Online]. Available: https://www.statista.com/statistics/759961/oil-and-gas-well-restoration-costs-in-the-us/