Close X
Monday, February 17, 2025
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

Trudeau says travel restrictions necessary

Trudeau says travel restrictions necessary
Trudeau says it's necessary because there has been a concerning surge of COVID-19 cases and the emergence of more variants of concern in certain parts of the world.

Trudeau says travel restrictions necessary

COVID-19 spread seems to be easing: Tam

COVID-19 spread seems to be easing: Tam
Dr. Theresa Tam says average case counts have more than doubled over the past month, with upwards of 8,400 infections reported daily over the last week.    

COVID-19 spread seems to be easing: Tam

Neighbours help to foil break and enter in progress: Surrey RCMP

Neighbours help to foil break and enter in progress: Surrey RCMP
34 year old Tyson Cole of Surrey, has been charged with Break and Enter and Unlawfully in Dwelling House. He was remanded in to custody.

Neighbours help to foil break and enter in progress: Surrey RCMP

Liberals survive second confidence vote on budget

Liberals survive second confidence vote on budget
The amendment called for the budget to be revised because, the Conservatives claimed, it will add "over half a trillion dollars in new debt that can only be paid through higher job-killing taxes," including more than $100 billion in new spending that the Conservatives dubbed "a re-election fund."

Liberals survive second confidence vote on budget

What does it mean? What we know about the variant detected in India

What does it mean? What we know about the variant detected in India
The variant first detected in India has a double mutation on the spike protein gene, which our current COVID-19 vaccines target. But experts say there's no evidence right now that the approved vaccines won't work against it.

What does it mean? What we know about the variant detected in India

Canada to suspend flights from India, Pakistan for 30 days

Canada to suspend flights from India, Pakistan for 30 days
Transport Minister Omar Alghabra says because there are so many people arriving in Canada from India and Pakistan with COVID-19, all commercial and private passenger flights from both countries will be prohibited as of midnight.

Canada to suspend flights from India, Pakistan for 30 days