Skip to content

Orphan well association stock

HomeHnyda19251Orphan well association stock
09.10.2020

Orphan Well Association and Alberta Energy Regulator McCutcheon, [1982] 2 S.C.R. 161; Reference re Pan‑Canadian Securities Regulation, 2018 SCC 48,  6 Feb 2020 A sign from Alberta's Orphan Well Association hangs on an idle oil well As the energy sector has struggled, the association's inventory has  6 Nov 2019 Alberta's Orphan Well Association is warning that the financial failure of 1,400 wells to a provincial inventory of orphaned petroleum assets,  3 Mar 2016 Our funding comes from an annual Orphan Fund levy issued to the upstream oil and gas industry. •. Each company pays its proportionate share of  6 Nov 2019 wells to a provincial inventory of orphaned petroleum assets, warns the Alberta Orphan Well Association. The total estimated abandonment  20 Jun 2017 Overview. 1. Orphan Well Association. ▫ Background, funding, expenditures. 2. Challenges. ▫ Growing orphan inventory. 3. Opportunities.

Background The OWA is given the authority to abandon and reclaim orphan wells but does not become the licensee of orphan wells. This means that the orphan well license stays in the name of the defunct licensee, so the OWA does not have the ability to ‘sell’ orphan wells. The AER can transfer orphan well […]

Background The OWA is given the authority to abandon and reclaim orphan wells but does not become the licensee of orphan wells. This means that the orphan well license stays in the name of the defunct licensee, so the OWA does not have the ability to ‘sell’ orphan wells. The AER can transfer orphan well […] The Orphan Well Association (OWA) is an independent non‐profit organization that operates under the delegated legal authority of the Alberta Energy Regulator (AER). Our funding comes from the upstream oil and gas industry to abandon and reclaim orphan properties. Orphan properties are wells, pipelines, facilities and associated sites which have been left behind by defunct … providing a loan for the Orphan Well Association (OWA) to speed up work to clean up oil and gas sites; The OWA is an industry-funded agency that works to close and reclaim infrastructure from oil and gas companies that no longer exist. This involves removing equipment, sealing wells and ensuring the safety of the site for the public. Quick facts The OWA works with consulting firms and contracting companies with experience in the upstream oil and gas industry and a track record of doing quality work. Prime contractors are in charge of selecting vendors to do work on behalf of the OWA. After vendors have been selected, they must undergo a reviewal process (conducted by […]

11 Nov 2019 Alberta is on the hook for 1400 more orphan wells after Houston Oil & Gas of the bankruptcy proceedings, the province's Orphan Well Association put the wells are ultimately designated as orphans, the orphan inventory of 

9 Mar 2020 Lars De Pauw, Executive Director of the Orphan Well Association, says they were very happy with this announcement. “We've been working hard  9 Jul 2019 in Orphan Well Association v Grant Thornton Limited (Redwater). unabated,[ 8] adding to the swelling inventory of wells with no owners left  2017, the majority of the Alberta Court of Appeal dismissed an appeal by the Alberta Energy Regulator (AER) and Orphan Well Association (OWA) of the May   2 Jan 2020 As the Alberta Orphan Well Association (OWA) makes small strides in remediating abandoned wells and other other oil and gas facilities 

The first list contains wells which are licensed to defunct and/or insolvent licensees and are designated orphans by the AER for the purpose of abandonment.

The Orphan Well Association or OWA makes no representation, warranties, or guarantees, expressed or implied, for the fitness of the data with respect to its use. The OWA is not responsible for any costs incurred from use of the information in this list. The Orphan Well Association began as an innovative collaboration among the Alberta Government, provincial regulators and the oil and gas industry to work toward a common goal: protecting public safety and managing the environmental risks of oil and gas properties that do not have a legally or financially responsible party that can be held accountable.

6 Feb 2020 A sign from Alberta's Orphan Well Association hangs on an idle oil well As the energy sector has struggled, the association's inventory has 

17 Oct 2013 Seeing growth in bankruptcies and companies in receivership due to low gas prices. Inventory as of. Mar 2013 Sep 2013. % incr. • Orphan sites. 9 Mar 2020 Lars De Pauw, Executive Director of the Orphan Well Association, says they were very happy with this announcement. “We've been working hard  9 Jul 2019 in Orphan Well Association v Grant Thornton Limited (Redwater). unabated,[ 8] adding to the swelling inventory of wells with no owners left  2017, the majority of the Alberta Court of Appeal dismissed an appeal by the Alberta Energy Regulator (AER) and Orphan Well Association (OWA) of the May   2 Jan 2020 As the Alberta Orphan Well Association (OWA) makes small strides in remediating abandoned wells and other other oil and gas facilities