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Managing Alberta’s Aging Energy Infrastructure

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Presentation on theme: "Managing Alberta’s Aging Energy Infrastructure"— Presentation transcript:

1 Managing Alberta’s Aging Energy Infrastructure
Kirk Bailey, EVP, Operations Alberta Energy Regulator Alberta ARO & Liability Executive Forum Dec 1

2 Alberta’s oil and gas well count inventory (Source: Alberta Energy Regulator).

3 Considerations Financial Liability
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4 Considerations Environmental Protection
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5 Considerations Future Potential
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6 Reactivation of Wells < 0.2% of wells are reactivated after 10 years of inactivity Reactivated wells # of Wells Years Inactive 6

7 Considerations Competing Land Use
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10 Current Initiatives 10

11 Inactive Well Compliance Program
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