Cleanup of orphaned oil wells could cost California $500 million, new report says

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Cleanup of orphaned oil wells could cost California $500 million, new report says
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There are 5,500 orphaned wells statewide, most of them in L.A. and Long Beach. Thousands more are unproductive and could add to the state's liability.

The California Council on Science and Technology estimated that the state already is liable for more than $500 million in cleanup costs for more than 5,500 orphaned wells up and down the state.

The state’s responsibility could quickly grow, the report says: Another 69,000 wells have little to no production and little hope of restarting, or are held by financially weak businesses.

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