Truth + Consequences of ‘Real’ versus ‘Implied’ Liabilities of Abandoned Wells
By William Sattlegger, P. Geo.President, Foreshore Resources Ltd. The energy industry is faced with accrued environmental liabilities in part due to end of life reserves, subpar economics, and the culture of deferring well suspensions, abandonments, and site reclamations has resulted in an ever-increasing inventory of inactive wells across the Western Canadian Sedimentary Basin. This is…
