Understanding Liability for Oil and Natural Gas Assets in Alberta Fact Sheet

Publication #: 2016-0024

Published: JUNE 2016

Pages: 2 p.

Filed Under: Communications, Industry Operations

Every company that explores for and develops Canada’s oil and natural gas resources is financially responsible for safely managing each well it drills through all stages of the well’s life cycle, including: exploration, development, operation, abandonment and reclamation. Managing orphan well sites is a top priority for industry to return the land to an acceptable state and ensure there is no safety or environmental risk to the public.

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