Tag: wells
BC uses aerial survey to better understand methane emissions at wells
As of June, gas migration associated with 144 wells in northeast BC The BC Oil and Gas Commission has completed a study to assess technology to detect decommissioned well leaks in northeast British Columbia, according to a press release. Many decommissioned wells are difficult to access and inspect by conventional means. The use of aerial detection methods […]
Supreme Court of Canada to hear AER appeal of Redwater abandoned wells decision
Since May 2016, 1,600 AER-licensed sites disclaimed by receivers with liabilities over $100 million The Supreme Court of Canada has confirmed it will hear the expedited appeal of the Alberta Energy Regulator (AER) and Orphan Well Association on the Redwater decision, according to an AER press release. “For the past two years, we have worked very hard […]
PSAC forecasting 7,900 wells drilled in 2018, better than 2017
2018’s activity to be better than 2015, 2016 and 2017 The Petroleum Services Association of Canada (PSAC) released its 2018 Canadian Drilling Activity Forecast, with an expectation of 7,900 wells drilled in Canada, according to a press release. For 2017, the association’s final revised forecast predicts a yearly total of 7,550 wells. PSAC bases its […]
Is Pengrowth dumping $63 million of well/facility cleanup liability?
“Sale was to one company and we are not disclosing the buyer nor the exact proceeds.” – Pengrowth Pengrowth Energy Corporation announced Wednesday that it has entered into an agreement to sell “matured legacy assets” from 36 properties – including 270 facilities and 1,600 wellbores – for a nominal cash consideration, ridding itself of perhaps […]
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 […]
Foresight, NAL Resources crowdsourcing ideas to improve reclamation of Alberta oil/gas wells
$610,000 in funding available for 2 to 5 candidates to advance new technology, solutions to improve well reclamation Foresight Cleantech Accelerator Centre and NAL Resources have announced the ARCTIC Innovation Challenge, an effort to find technologies to improve oil and gas wells abandonment and reclamation, according to a press release. “We are seeking solutions to make the abandonment […]
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 […]
Judge dismisses Sierra Club lawsuit to shut down Oklahoma wastewater injection
Oklahoma regulator already taking actions requested by Sierra Club By Seth Whitehead, EnergyInDepth A federal judge this week dealt a major blow to the Sierra Club’s efforts to use a backdoor tactic as a means to ban wastewater injection in Oklahoma. U.S. District Court Judge Stephen Friot on Tuesday dismissed a Sierra Club lawsuit that […]
Backlog of drilled but uncompleted wells in Lower 48
DUC wells present in every major basin, but 70% of “old” DUC wells located in two basins Drilled but uncompleted (DUC) wells represent more than 250,000 b/d of additional crude supply and 4.0 Bcfd of natural gas supply that could come into the market as prices begin to recover, according to Wood Mackenzie. Based on […]
Chesapeake Energy rumoured to be selling Barnett Shale position
Chesapeake is focusing its capital in the Haynesville, where it’s running three rigs, with hopes to have 140 wells online by 2017 If a long-rumoured sale of Chesapeake Energy’s Barnett Shale assets comes to fruition, thousands of producing Texas wells could change hands to the tune of US$1.4 billion, according to Wood Mackenzie. Wood Mackenzie’s Lower 48 […]
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