Report: Underfunded orphan well levy strains Alberta cleanup funds

Tuesday, May 27, 2025, 3:22 pm

A new report reveals that the annual levy charged to Alberta oil companies for cleaning up orphan wells is drastically underfunded, leaving environmental remediation efforts at risk. The findings have sparked calls for urgent policy revision to secure sufficient cleanup financing.

nationalobserver.com / Oil company levy too low to deal with Alberta's orphan well problem: report

globalnews.ca / Levy charged to Alberta oil companies too low to cover orphan well costs: report

A new report from the University of Calgary says the fund that's used to pay for the cleanup of orphan wells in Alberta is massively underfunded.

thestar.com / Levy charged to Alberta oil companies too low to cover orphan well costs: report

A new report is warning the annual levy charged to Alberta oil companies to fund the cleanup of orphaned oil and gas wells remains too low to keep up with the rate of surrendering.

permalink / 3 stories from sources in 2 days ago #economy #budget #environment #albert

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Report: Underfunded orphan well levy strains Alberta cleanup funds

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