Steve Farkas Steve Farkas

The State of California has an substantial inventory of orphaned oil wells, and in some cases, these abandoned wells are causing obstacles for developers. The recent California Assembly bill 2729 is now imposing new requirements operators of these wells regarding the management and elimination of long-term idle wells. To find out more about this issue, we sat down with Steve Farkas, a principal in the energy, land Use and environmental law practice groups at Meyers Nave, to talk about the state’s inventory of idle oil wells, how it is impacting developers and how the new assembly bill will have an impact.