Tag: abandoned
Alberta must take action on abandoned oil and gas wells – CD Howe Institute
“Society should accept some risk in exchange for greater economic activity.” – study If Alberta doesn’t change how it requires companies to finance their own oil and gas well cleanup costs, the energy industry and, ultimately, taxpayers in Alberta face cleanup costs of up to $8 billion, according to a report by the C.D. Howe […]
Alberta government to review orphaned and abandoned wells
Currently 152,000 inactive or abandoned wells, 53,000 shy of total active wells in Alberta The Alberta government announced it’s working with industry and experts through a formal review process to find better ways to protect Albertans and the environment by improving policies for managing old oil and gas facilities, orphaned and abandoned wells, according to a Government […]
Connect
Connect with us on the following social media platforms.