abandoned well Tag

Alberta sees huge spike in abandoned oil and gas wells

It's no secret that Alberta's junior energy sector is struggling. Falling energy prices and tighter rules around the viability of oil and gas wells have meant many companies are abandoning their operations and turning their wells over to the province to be reclaimed. In the past...

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Alberta Energy Regulator tries to stem tide of orphan wells

It just got harder to buy oil and gas assets in Alberta By Tracy Johnson, CBC News Posted: Jun 21, 2016 5:48 PM MT Last Updated: Jun 26, 2016 11:23 AM MT With little fanfare, the Alberta Energy Regulator has tightened up the rules for buying oil and...

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