Close X
Saturday, November 23, 2024
ADVT 
National

Abandoned wells cost landowners, taxpayers: study

Darpan News Desk The Canadian Press, 20 May, 2021 09:57 AM
  • Abandoned wells cost landowners, taxpayers: study

A report from the University of Calgary says the costs of Alberta's growing stock of abandoned and inactive oil and gas wells are falling unfairly on landowners and taxpayers.

Braeden Larson of the university's School of Public Policy says the scope of the problem is growing rapidly.

He says more than half of all oil and gas wells in the province no longer produce but haven't been cleaned up.

Over the last six years, the number of inactive wells has quintupled and those wells are staying quiet for longer — more than half have been inactive for more than a decade.

Larson quotes earlier research suggesting more than 10 per cent of inactive wells leak.

Fewer landowners are getting the rent they're owed, and taxpayer-funded settlements increased twelvefold between 2014 and 2018.

Larson says government well cleanup programs tend to favour what's convenient for industry.

He says Alberta should consider increasing penalties for offending companies and putting time limits on well cleanup.

MORE National ARTICLES

Telford asks if she could've done more on military

Telford asks if she could've done more on military
Telford also says she has wondered if she should've further questioned Vance when he told her about his commitment to the "Me Too" movement and how frustrated he was that orders were not enough to bring about change.

Telford asks if she could've done more on military

Trudeau won't say if feds will back vaccine waiver

Trudeau won't say if feds will back vaccine waiver
The idea has been gaining steam in recent weeks, winning endorsements from progressive activists, lawmakers and anti-poverty groups around the world.

Trudeau won't say if feds will back vaccine waiver

3 young South Asian males charged in CRA investigation Fraud

3 young South Asian males charged in CRA investigation Fraud
The three accused are scheduled to appear before the court on Thursday, June 10, 2021

3 young South Asian males charged in CRA investigation Fraud

Vancouver Police look for witnesses to serious collision

Vancouver Police look for witnesses to serious collision
A cyclist was travelling north on Rupert Street on May 6 just after 12:30 a.m. when he was hit by the driver of a white Tesla that was travelling east on Grandview Highway.

Vancouver Police look for witnesses to serious collision

COVID-19 rapid tests going to more businesses

COVID-19 rapid tests going to more businesses
Prime Minister Justin Trudeau says more screening and testing mean safer workplaces and less community transmission, which will help the economy reopen faster.

COVID-19 rapid tests going to more businesses

CRA delays stretch to eight to 10 weeks: watchdog

CRA delays stretch to eight to 10 weeks: watchdog
The taxpayers' ombudsperson said his office has received complaints that CRA call-centre agents can't offer a timeline for when verification work will be done, leaving thousands in financial hardship.

CRA delays stretch to eight to 10 weeks: watchdog