inactive wells

Alberta Enacts More Stringent Rules to Seal Backlog of Idle Oil, Natural Gas Wells

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