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Insights: When wells go idle – regulation, bankruptcy, and the business of decommissioning
In this episode of the Oil & Gas Journal ReEnterprised podcast, OGJ managing editor Mikaila Adams sits down with Andrew Stakelum, an energy disputes partner at King & Spalding LLP, to unpack oil and gas decommissioning from a big picture standpoint. Wondering what happens when an operator goes bankrupt? Or when decades-old wells still need to be plugged? Stakelum explains why decommissioning is a business and regulatory puzzle shaped by bankruptcy law, fragmented oversight, and shifting federal rules. From 'boomerang liability' to the ripple effects of financial assurance requirements, the…
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