Orphan, Shut-In Wells: What type of exposure are we facing?
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Dwayne Purvis examines the issue of P&A, but from a liability and macro cost standpoint. Some estimates show that there are anywhere from two to five million in the US – what does this mean for the industry and oil companies. But do all need to be plugged? Purvis explains potential options for turning a liability into an asset.
Dwayne Purvis has been a petroleum engineer, entrepreneur, and executive in the oil industry for nearly 29 years. He and his team assist oil companies, litigants, and NGOs on engineering and strategic issues, especially how to succeed in the energy transition. He also teaches industry courses, serves as an adjunct professor at Texas Christian University, and frequently contributes to the public discussion of oil industry topics.