Close X
Wednesday, November 27, 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

All MPs must better support assault victims: PM

All MPs must better support assault victims: PM
Trudeau says he believes it's important for "everyone" to take a more trauma-informed approach to dealing with victims and those who work with them on the front lines.

All MPs must better support assault victims: PM

Passenger refund issues flagged before pandemic

Passenger refund issues flagged before pandemic
Airlines have repeatedly cited statements from the transportation agency to justify withholding reimbursement.

Passenger refund issues flagged before pandemic

Vancouver Police arrest 7 protesters who tried to block Lions Gate Bridge

Vancouver Police arrest 7 protesters who tried to block Lions Gate Bridge
Approximately 50 protesters gathered at noon today near the entrance of Stanley Park and told police they wanted to occupy the Lions Gate in support of their cause.

Vancouver Police arrest 7 protesters who tried to block Lions Gate Bridge

BC student Asim Chaudhry who left home 14 years ago, saying he was heading to library, still missing

BC student Asim Chaudhry who left home 14 years ago, saying he was heading to library, still missing
The Burnaby RCMP is asking for the public’s assistance in locating a man that has been missing for nearly 14 years.

BC student Asim Chaudhry who left home 14 years ago, saying he was heading to library, still missing

Trudeau says he has no regrets getting AstraZeneca

Trudeau says he has no regrets getting AstraZeneca
"On a personal level, I am extremely pleased that I got the AstraZeneca vaccine a number of weeks ago," he said.

Trudeau says he has no regrets getting AstraZeneca

Tories blast NDP comments around Telford firing

Tories blast NDP comments around Telford firing
The House of Commons is debating a Conservative motion calling on Trudeau to fire Katie Telford after recent testimony from a former adviser suggesting she knew of an allegation against the former top soldier.

Tories blast NDP comments around Telford firing