B.C. energy regulator faces possible $90 million tab for orphan wells

By Jeremy Hainsworth / Glacier Media
Province shifting from orphan well tax to liability levy to meet obligations

An energy company operating in B.C.’s northeast and now in receivership has left 300 to 500 wells facing possible designation as orphan – or abandoned – at a potential cost of $40 million to $90 million to the B.C. Oil and Gas Commission (BCOGC). The figures were delivered in the provincial energy regulator’s 2019-20 to 2021-22 service plan released as part of the provincial budget Feb. 19.…

Source:: B.C. energy regulator faces possible $90 million tab for orphan wells

• Whistler News

February 22, 2019

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