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

[oneoff]

It's not real easy to get into the oil industry...even with a viable plan and a firm commitment to fund any eventuality up to the final facility abandonment and decommission of the site.

In fact there is no such thing as everyone and government even taking anything off the books. Trust me..or do the research ...or both.

In my mind there is a need for minor players and juniors who can easily make a go of some situations that the big guys lose their shirts on.

Just as it was criminal to destroy a lot of prairie infrastructure that most of the world would give its eye teeth for; the already installed power, oil and other industries should be as fully utilized as make sense; before their destruction and removal.

[oneoff]

And it sure wouldn't hurt to reread (or even read for the first time) Post #3 above.

There are enough points in that draft to exercise some councillors and decision makers minds for some time.
Those points didn't all magically publish themselves. And with no rebuttal; they will stand as printed.


However they remain as unaddressed issues.

[Guest]

Lol true , but it will be a lot tougher to combat rail lines . But ya they seem obsessed with crucifying oil at every turn .

wait till they figure out its ****ing up their transfer payments.
they're so arrogant , it will hafta hit them over the head before it sinks in

[ajl]

wait till they figure out its ****ing up their transfer payments.
they're so arrogant , it will hafta hit them over the head before it sinks in

Wonder if anybody has projected how long before AB and SK economy is so weak that transfer payments drop to near zero. In AB the lower wages in the energy sector has been offset so far by more government hiring so in effect the Alberta government mounting debt is funding transfer payments.

[chuckChuck]

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?

[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.