The AER, then, could up the ante for the industry’s contribution to the OWA yet again. Evidence at the hearing showed the original levy of $15 million on the industry in 2015 had been doubled by the end of the year. The OWA is funded by the industry pursuant to a formula devised by the AER. Indeed, the OWA’s job is to remediate and reclaim wells for which there is no responsible party. Neil Wittman, Chief Justice of the Court of Queen’s Bench of Alberta, concluded that Alberta’s Oil and Gas Conservation Act and the province’s Pipeline Act, which prohibits trustees and receivers from disclaiming non-producing wells, conflicted with the federal Bankruptcy and Insolvency Act, which allows such disclaimers. Saskatchewan proposes getting laid-off oil workers to clean up abandoned wells.‘It’s a mess:’ Oil crash creating graveyard of wells abandoned on Albertans’ land.North Dakota’s last orphan: Why is America so much better at cleaning up the oil bust?. They wanted a judge to order that Grant Thornton Ltd., the trustee in Redwater Energy Corp.’s bankruptcy, carry out the abandonment, reclamation and remediation obligations related to the bankrupt company’s non-producing wells, which included paying a security deposit under certain circumstances. The case, released on May 19, decides an application by the Alberta Energy Regulator (AER) and the Orphan Well Association (OWA). This advertisement has not loaded yet, but your article continues below.
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