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United States · Bill · S

S. 4642 (116th)

Oil and Gas Bonding Reform and Orphaned Well Remediation Act

referredUnited States· United States Congress· EN

Introduced

22 September 2020

Last action

Status

Read twice and referred to the Committee on Energy and Natural Resources.

Sponsors

Subjects

Discovery layer

Source updated

24 March 2026

Summary

Oil and Gas Bonding Reform and Orphaned Well Remediation Act This bill establishes incentives and requirements to clean up orphaned oil and gas wells, including by (1) establishing a program to remediate, reclaim, and close such wells located on federal land, state land, or land under the jurisdiction of Indian tribes; and (2) revising bonding requirements for oil and gas development on public land leased from the federal government. Such bonds are required to ensure developers have adequate financial resources to remediate and reclaim public land, water, or other resources after wells are abandoned or oil and gas development ceases.

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Documents

3 official files

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Sources

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