Colorado may receive $25 million or more in federal funding to plug abandoned oil and gas wells across the state, government officials said Monday.
The funding is expected to create new jobs in the oil and gas industry, which lost thousands of workers during the pandemic. The money would come from the infrastructure bill passed by Congress in 2021, which allocated $4.7 billion toward restoring orphaned wells nationwide. Initial grants of $25 million each were allotted to 26 qualifying states...