Three oil companies — Aera Energy, Chevron, and California Resources Corporation — own 60% of Californians orphan and idle wells and have the money to clean up their own wells
Percentage of 2022 profits of top holders to plug and remediate their orphan and idle wells encompassing 60% of the state total.
2022 profits from companies owning 60% of orphan and idle wells.
Chevron’s profits in 2022
Percentage of Chevron’s 2022 profits to plug and remediate all of their orphan and idle wells.
Plugging and remediating orphan and idle wells will create 22,080 jobs.