Link to Bulletin SummarizedOil and Gas - Orphan WellsIn accordance with Part 11 of the Oil and Gas Conservation Act and Directive 024: Large Facility Liability Management Program (LFP), the AER is prescribing an LFP orphan fund levy of $6 million for the 2022/23...
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These articles by our expert team cover the details of various decisions made by the Alberta Energy Regulator (AER), Alberta Utilities Commision (AUC), and Canada Energy Regulator (CER). Browse our searchable archive below to learn more about the results we’ve achieved for our clients.
Orphan Fund Levy – Licensee Liability Rating and Oilfield Waste Liability Programs, AER Bulletin 2022-10
Link to Bulletin SummarizedOil and Gas - Orphan WellsIn accordance with Part 11 of the Oil and Gas Conservation Act, the AER prescribed an orphan fund levy of $72 million to fund the operating budget of the Orphan Well Association (“OWA”) for 2022/23. The orphan fund...