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So how do you lose an oil well?

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Cleita Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-17-04 09:13 PM
Original message
So how do you lose an oil well?
On the local Los Angeles news an abandoned oil well spewed 300 gallons of oil onto a neighborhood. They don't know who owns the well. Say what? Isn't this a little bit like losing a gold mine?
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catzies Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-17-04 09:15 PM
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1. Well, now that it's a problem it's an orphan.
No one wants to 'fess up and then have to pay for the clean up.
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Catch22Dem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-17-04 09:16 PM
Response to Reply #1
2. Come on
Clean-up would cost a fraction of what they'd get from a spewing oil well! Hell, I'll claim it and pay for the clean-up!
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Paladin Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-17-04 09:35 PM
Response to Reply #2
3. There's Probably A Reason It Was Abandoned

Don't let the "spewing oil well" image fool you; the well was probably abandoned by its operator because it was no longer an economical proposition. Well clean-ups are expensive. Still, the state oil and gas regulatory authorities ought to be able to determine who's responsible for the well and get things squared away......
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