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

Protest in Downtown Vancouver leads to 8 arrested

Protest in Downtown Vancouver leads to 8 arrested
Eight adults, between 22 and 38 years old, were arrested for mischief and obstruction.

Protest in Downtown Vancouver leads to 8 arrested

B.C. hospitalizations due to COVID-19 hit new high

B.C. hospitalizations due to COVID-19 hit new high
Almost 1.2 million doses of COVID-19 vaccines have been administered in B.C., 87,820 of which are second doses.

B.C. hospitalizations due to COVID-19 hit new high

Kelowna Mountie charged with assault: Crown

Kelowna Mountie charged with assault: Crown
The service says the charge relates to the arrest of a suspected impaired driver in Kelowna in May last year.

Kelowna Mountie charged with assault: Crown

1168 COVID19 cases for Wednesday

1168 COVID19 cases for Wednesday
We strongly encourage everyone who is now eligible for a vaccine to arrange for your appointment today. This not only protects you, but also provides greater protection to everyone around you.

1168 COVID19 cases for Wednesday

B.C. boaters urged to use caution near hurt whale

B.C. boaters urged to use caution near hurt whale
Ocean Wise says in a news release the whale was last seen near Vancouver's Point Gray and has a deep cut on its tailstock.

B.C. boaters urged to use caution near hurt whale

MP caught naked in virtual House of Commons

MP caught naked in virtual House of Commons
William Amos, who has represented the Quebec riding of Pontiac since 2015, appeared on the screens of his fellow members of Parliament completely naked Wednesday,

MP caught naked in virtual House of Commons