Oil and Gas – Law
The AER issued Bulletin 2022-018 seeking feedback on the proposed updates to Directive 065: Applications for Oil and Gas Reservoirs. Directive 065.
The proposed changes aim to clarify the application requirements for CO2 enhanced oil recovery storage and CO2 sequestration schemes, also known as carbon capture, utilization, and storage schemes. By clarifying the requirements, the goal is to increase transparency for industry and stakeholders and improve regulatory application efficiency and consistency.
The AER noted that the following directives will also be updated in the future:
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Directive 013: Suspension Requirements for Wells;
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Directive 020: Well Abandonment;
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Directive 051: Injection and Disposal Wells — Well Classifications, Completions, Logging, and Testing Requirements;
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Directive 056: Energy Development Applications and Schedules (We will be updating participant involvement requirements to ensure sufficient notification radii for facilities and pipelines that handle CO2 and for CO2 injection wells.);
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Directive 071: Emergency Preparedness and Response Requirements for the Petroleum Industry; and
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Directive 087: Well Integrity Management.
