orphaned wells

BC Faces Growing Backlog of Orphan Natural Gas Well Cleanups After Ranch Energy Failure

BC Faces Growing Backlog of Orphan Natural Gas Well Cleanups After Ranch Energy Failure

A two-year corporate bankruptcy case has resulted in a 110% jump in discarded orphan natural gas wells and production facilities awaiting cleanups, according to the British Columbia Oil and Gas Commission (BCOGC). A court-supervised distress auction in the province only sold 414 sites or one-half the BC assets of defunct Ranch Energy Corp. to Erikson…

June 30, 2020