In the oil and gas industry, maximizing profits while controlling costs is the ultimate balancing act. But when it comes to decommissioning wells, cutting corners has long term consequences that go beyond the bottom line. Abandoned, orphaned, and zombie wells that aren’t properly sealed pose serious threats to the environment, wildlife, and human health. Methane […]
Across various oil producing regions, regulatory bodies are in place to oversee the oil and gas industry. Norway relies on the Petroleum Safety Authority, and the UK on the Oil and Gas Authority. Alberta, Canada’s leading oil province, has the Alberta Energy Regulator. Texas, in some strange attempt to confuse their enemies, calls theirs the […]
Alberta is the center of Canada’s oil and gas industry. It is home to more than 450,000 oil and gas wells, of which about 10% are considered abandoned or orphaned. Abandoned wells are those that have been deactivated by their owners, but at still have a known owner or operator that is responsible for them. […]