Amaroq wins reduced Nicolai Creek bonding on nearby P&A costs
Kristen Nelson Petroleum News
The Alaska Oil and Gas Conservation Commission has reduced bonding requirements for Amaroq Resources based on costs to plug and abandon wells in the vicinity of Amaroq’s wells at Nicolai Creek which, the commission said, are comparable to Amaroq’s wells.
Amaroq has been making an argument for reduc....
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P&A costs $150,000 per well
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