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WebbOwning and maintaining a piece of land with oil wells, a commercial gas business or mineral plant, is not like obtaining any other property type. These specialized properties … Webb10 juni 2024 · Burning off the excess from natural gas wells, or flaring, is the primary cause of this pollution. But the gas also leaks from abandoned wells like the one on Atencio’s grandma’s land. Webb5 juni 2014 · Oil from the well could generate another $800-$1,200 per year. However, landowners will incur new costs for maintaining and, eventually, decommissioning the … landed cost accounting treatment