Hazards & Nuisances:
Operating & Abandoned Oil and Gas Wells, Tanks & Pressure Lines

Information by State  Print version  Email this to a friend

Operating and abandoned oil and gas wells pose potential hazards to housing, including potential fire, explosion, spray and other pollution. Therefore, no dwelling may be located closer than 300 feet from an active or planned drilling site or 75 feet from an operating well; this applies to the site boundary, not to the actual well location.

Underground Tanks: If an underground tank has been abandoned, its removal or proper abandonment is required.

a. The appraiser should use a VC, indicate the location of the tank, and require evidence that the subject's vacated tank has been removed or properly abandoned.

b. Generally, the local jurisdiction may have established requirements. If not, the tank must be removed or abandoned per the recommendations issued by the applicable State.

Hydrogen Sulfide Gas:  (Sour Gas Wells) - are extremely hazardous. See HUD Handbook 4150.2, Section 2-2.D. "Special Case - …" for instructions.

Stationary Tanks: - If the property is within 300 feet of a stationary storage tank containing more than 1000 gallons of flammable or explosive materials the location may be determined ineligible by the lender. See HUD Handbook 4150.2, Section 2-2.M. HUD approved lenders are responsible to determine the acceptability of a dwelling when the health and safety of the occupants or the continued marketability of the property may be in jeopardy.

Please see: HUD Handbook 4150.2 Section 2-2.D.

	Airports
	Railroad tracks and other high noise sources
	Flood zones and insurance
	Lead based paint
	Radon
	Overhead high voltage transmission towers and lines
	Operating and abandoned oil and gas wells, tanks and pressure lines
	Insulation materials
	Lava zones
	Avalanche hazards