Sunday, June 14, 2009

Galisteo Basin well to be plugged

Tecton Energy suspended production from the well in December 2007 when Santa Fe County implemented a moratorium on oil and natural gas drilling activities in the area.

The company says the plugging process, which includes removing equipment and installing protective casings between the wellbore and the aquifer, has been approved by state regulators.

The work is scheduled for next week.

Tecton announced in February it was no longer planning to drill in the Galisteo Basin, citing the economy and tougher state and county drilling regulations." Article>>>>

No comments:

Post a Comment