Alberta vows to impose oil, gas well cleanup timelines on energy companies

[bucket]

BC has joined Alberta in imposing timelines on oil and gas companies to clean up abandoned and suspended wells. What do you think Saskatchewan and Manitoba will do?

ask the federal government for help....

[chuckChuck]

The oil patch has failed to clean up a growing stockpile of abandoned wells

Data show 84,569 wells in B.C., Alberta and Saskatchewan have been abandoned as Canada’s biggest oil and gas companies put off the cost of remediation. That’s on top of the 122,456 inactive sites tallied in a Globe investigation. And unlike those inactive sites, abandoned wells hold no potential for future production. Equipment has been removed and holes have been sealed, but the surrounding landscape hasn’t been restored to its predrilling state – a process that can unearth contamination of soil and water and potentially require expensive monitoring and remediation work. The numbers show how lax regulations allow companies to delay the final cleanup steps for years, and sometimes decades, after production has ceased.

Globe and Mail

[beaverdam]

Your so worried about wells, how about the Feds, pay-up for their share of the uranium clean up?

https://www.ckom.com/syn/648/445390/445390/ https://www.ckom.com/syn/648/445390/445390/

[chuckChuck]

I am worried about taxpayers being responsible for cleanups where industries are able to extract profit and then pass on the cleanup costs to taxpayers. In effect this becomes a subsidy whether it is uranium or oil. If companies are not viable enough to cover their cleanup costs maybe they shouldn't be in business.