Unconventional oil and gas (UOG) drilling has expanded rapidly across the United States, including in the Fayetteville Shale formation in north-central Arkansas where drilling began in 2004. As one of the oldest regions of UOG activity in the United States, this area has experienced significant land-use changes, specifically development of natural habitat and agricultural land for gas infrastructure. In recent years, drilling of new wells has stopped and production has declined. By 2017, 1038 wells had ceased production and been abandoned, which makes them eligible for land reclamation. However, most of these sites (80%) have not been reclaimed and continue to cause losses in ecosystem services. If reclamation was performed on lands associated with abandoned infrastructure, we estimate more than $2 million USD annually in agricultural, timber, and carbon sequestration values would be gained. These benefits far outweigh the costs of reclamation, especially since the benefits accrue over time and reclamation is a short-term cost. Our estimates indicate a 2-4 year break-even time period when cumulative ecosystem services benefits will outweigh reclamation costs. We predicted a well-abandonment rate of 155 per year until 2050 when 98% of wells will be abandoned, which indicates great potential for future ecosystem services restoration. Thus, we recommend that Arkansans at the government and citizen level work to restore lands impacted by UOG development in the Fayetteville Shale region so that their value to landowners and society can be recovered, which will enhance long-term economic and environmental benefits.
Keywords: Agriculture; Climate regulation; Ecosystem services; Fayetteville Shale; Reclamation; Shale gas.