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Originally Posted by Street Pharmacist
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Your link confirms what I said. It’s a program for operating companies to get credits for royalty breaks for doing mandatory liability work. Work they are are required to do already
Orphans wells are wells the belong to defunct companies that no longer operate.
It’s a stupid program that (I hope) never comes into effect. Companies shouldn’t be rewarded for doing liability work. Especially with mandatory liability spend coming in for 2023.