Close X
Monday, December 2, 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

Military police blasted over misconduct probes

Military police blasted over misconduct probes
The women voiced their complaints today to the House of Commons committee on the status of women, which is grappling with how to eliminate sex misconduct in the armed forces.

Military police blasted over misconduct probes

Leaders criticize federal budget as debate opens

Leaders criticize federal budget as debate opens
Federal NDP Leader Jagmeet Singh says he knows where he's seen two of the Liberals' signature budget promises before: his own party's election platforms.

Leaders criticize federal budget as debate opens

Fire engulfs unfinished condo in Langley, B.C.

Fire engulfs unfinished condo in Langley, B.C.
The fire broke out at around 9:30 p.m. Monday at the development in Langley's Willoughby neighbourhood, about 45 kilometres east of Vancouver.

Fire engulfs unfinished condo in Langley, B.C.

Budget: Promises you might have missed

Budget: Promises you might have missed
The federal Liberal government’s first budget in more than two years makes big promises on child care, the environment and readying the country’s economy for a post-pandemic rebound.

Budget: Promises you might have missed

Trudeau, Freeland seeking vaccine appointments

Trudeau, Freeland seeking vaccine appointments
Many pharmacies reported in recent days that appointments for people 55 and up were going unfilled, and there was a risk some doses were going to go to waste.

Trudeau, Freeland seeking vaccine appointments

Provinces balk at Liberals' child-care pledge

Provinces balk at Liberals' child-care pledge
Yesterday's federal budget outlined $27.2 billion over five years, starting this fiscal year, in new spending the Liberals want to send to provinces to subsidize daycares.

Provinces balk at Liberals' child-care pledge