The Interstate Oil and Gas Compact Commission (IOGCC) recently released its latest counts of documented idle and orphan oil and gas wells in the United States and Canada. “Many idle wells have potential for future oil or gas production or associated uses,” stated IOGCC. “If not properly monitored and maintained, however, they may pose a…
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Alberta Enacts More Stringent Rules to Seal Backlog of Idle Oil, Natural Gas Wells
Alberta’s oil and natural gas firms are set to make a C$2.3 billion ($1.8 billion) start to seal a backlog of 95,524 inactive wells over the next five years under rules enacted Wednesday by the province’s production watchdog agency. The requirements translate the more stringent environmental legislation into “tools we need to begin to move…
December 5, 2021