The landmark federal investment of the Infrastructure Investment and Jobs Act passed in November 2021 is playing a significant role in addressing the issue of orphaned wells in the United States. Our article, “Orphaned Wells Federal Grants Part 1 – Grants Compliance Requirements,” details some of the grant compliance requirements that recipients will need to consider. This second article emphasizes the reporting requirements that grantees need to complete periodically to maintain compliance. Below is the list of reports and data collection and reporting guidelines that federal grant awardees should be aware of under this program:
- Forvis Mazars has experience with grants and helping clients navigate the full grant life cycle. If you have questions or need assistance, please reach out to a professional at Forvis Mazars.
- 1Data as described under Data Collection and Reporting must be submitted with the Federal Technical Performance Report.
- 2A Notice of Funding Opportunity for the Orphaned Wells Program can be found on the DOI site: Biden-Harris Administration Invests $660 Million for States to Plug Orphaned Oil and Gas Wells through President’s Investing in America Agenda.