Despite the record payout during the past year, the amount received by the State continues to grow. As a result, there is still more than $98 million waiting to be claimed.
According to a press release from the Governor's office, the Energy Rebound Program 'will utilize up to $15 million in CARES Act funding to provide business relief targeted towards drilled, but uncompleted oil and gas wells (DUCs), wells that were unable to be recompleted, and plugging and abandonment (P&A) projects which could not be finished due to the impacts of the COVID-19 pandemic.'