Pair of oil pump jacks with orange fittings standing on a snow-dusted flat landscape under a grey winter sky

INNOVATION

20 May 2026

The 235-Year Cleanup Problem Getting a New Answer

A bipartisan wave across five US states is converting orphaned oil wells into geothermal energy sources, reshaping cleanup economics

Exterior of a Schlumberger facility showing the company name in large blue letters on a white facade

PARTNERSHIPS

19 May 2026

Cashing In on the Great American Well Cleanup

SLB's acquisition of HydraWell brings faster, cheaper P&A technology to America's growing well cleanup effort

Aged green oil well pump jack in dry scrubland with a man standing beside it under a cloudy overcast sky

INVESTMENT

18 May 2026

Cleaning Up Oil Wells Costs More Than It Fixes

New RFF research finds the US orphaned well program costs $147M for $30–40M in benefits, but high-emitting wells tell a different story

Two operators in orange vests standing in a clearing with a multi-rotor drone above

INNOVATION

15 May 2026

Got Methane? Drones With Lasers Now Know Before You Do

A laser-equipped drone now detects methane from abandoned US wells with 90% field accuracy, transforming how regulators target cleanup fun...

Old circular tank with wire mesh lid and pipes at an abandoned oil site in scrubland

MARKET TRENDS

14 May 2026

US Orphan Wells Lead the World in Methane Leaks

IEA's 2026 Methane Tracker finds US abandoned wells produce 40% of global orphan-well methane, raising climate and trade risks

Drone fitted with a sensor mast flying above wellhead equipment on a flat arid oilfield

TECHNOLOGY

13 May 2026

Forgotten Wells, Found Leaks: Drones Prove Their Worth

Peer-reviewed research validates drone laser sensors for methane detection, giving US states a scientific tool for faster well remediation

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