In a bylined article for Hart Energy, Munsch Hardt attorneys Cameron Asby, Todd Frank, Clif Squibb and Tristan Watson highlight a $124 million state-administered grant program that could cover up to 100% of eligible well plugging costs for Texas oil and gas operators.

"With $124 million on the table and the potential to cover the entire cost of plugging, TxMCW represents a rare opportunity for owners and operators of marginal conventional wells in Texas," they write.

The attorneys also address eligibility requirements, competitive selection criteria and key considerations ahead of the Nov. 9 application deadline.

Read the full article: Texas Well Plugging Program: What Operators Should Know to Capture Funding