AER Bulletin 2018-29: New Edition of Directive 020: Well Abandonment
|
On October 24, 2018, the AER released Bulletin 2018-29, which outlines changes in Directive 020: Well Abandonment. Licensees now have more options when determining the depth at which to set isolation devices when abandoning lower-risk injection or disposal wells and producing wells with an H
2
S concentration of less than 15%.
A copy of Bulletin 2018-29 can be found
here.
|
|
AER Bulletin 2018-28: New Edition of Directive 056: Energy Development Applications and Schedules and New Manual
|
No technical requirements have changed. The only change is to the structure of the Directive 056. The participant involvement and audit requirements were consolidated in their respective sections rather than being spread out based on the type of development (like in the previous version).
The procedural instructions have been removed from the directive itself and are now available in the new Manual 012, along with applicable schedules and how-to sections.
This includes procedural instructions that were previously embedded in technical requirements.
A copy of Bulletin 2018-28 can be found
here.
|
|
AER Area Based Closure Program
|
If you missed the AER Area Based Closure information sessions on closure program for wells, facilities, pipelines and sites across Alberta, you can watch it
here
.
The ABC program
encourages operators to work together on abandoning, reclaiming and closing oil and gas infrastructure. Operators can participate in the program by submitting their closure projects through OneStop.
One of the benefits of participation in this program is the advantage of new suspension options under Directive 013. These new options relax requirements for certain low-risk wells, freeing up money for more efficient and coordinated closure activity.
|
|
BCOGC Bulletin 2018-21: Petrinex BC Inclusion Project
|
The October 11, 2018 Bulletin 2018-21 presents information for the switch to Petrinex in B.C. for volumetric reporting on November 5, 2018. There are a number of related changes to Commission systems and processes.
A copy of Bulletin 2018-21 can be found
here.
|
|
BCOGC Bulletin 2018-20:
Levy Rate Increases to Fund Orphan Site Restoration
|
As described in the September 2018 Bulletin 2018-20, the orphan site restoration funds will be raised by increasing the industry gas production levy from $0.71 to $0.85 (per 1,000 m
3
of marketable gas produced), and the oil levy from $1.30 to $1.58 (per m
3
petroleum produced). The new rates take effect beginning with October 2018 production.
Beginning April 1, 2019, a new liability levy will replace the existing orphan tax ($.03 per 1,000 m
3
marketable gas and $.06 per m
3
petroleum). The production levy increase will also continue to support the orphan site restoration fund over a three-year period, while the liability levy is phased in.
A copy of Bulletin 2018-20 can be found
here.
|
|
Manitoba: Schedule of Public Offerings 2019
|
The Department of Growth, Enterprise and Trade has scheduled four Public Offerings of Crown Oil and Gas Rights in 2019. The first closing date for posting is on November 16, 2018.
The sale dates and corresponding closing dates can be found
here
.
|
|
Integrated Compliance Management Program (ICMP) at Benoit – The benefit exceeds the price.
|
Did you know that Benoit provides a service which covers our regulatory application, liability management ratio and evaluation services under one umbrella?
Under this program,
Benoit acts as a “regulatory arm” for your company by receiving and responding to all compliance related matters on your company’s behalf.
As your regulatory designate, in addition to our regulatory application service, Benoit conducts a number of additional services including, but not limited to:
- Inactive Well Compliance Program Monitoring
- Liability Management Rating Forecasting
- DDS Entry for Well/Completion Details
- Flaring Notifications
- Well Test Data Submissions
- Gas Conservation Economic Analyses
If you're interested in this service or would like to discuss this further, please contact us or
visit our website
for more information.
|
|
Are you Interested in Attending our Well Spacing Course?
|
Its been quite a long time since we put on our last spacing course and we've seen an uptick in spacing applications and spacing related questions recently. As such, we'd like to know if some of our clients would be interested in attending our Alberta spacing course.
If you are interested, please let us know and we'll move forward with booking a time and place.
For more information on our well spacing course, please visit
here.
|
|
On May 18, 2018, Benoit Regulatory Compliance moved from 1220, 633-6th Ave. SW to the following location:
1600, 736-6th Ave. SW
Calgary, AB
T2P 3T7
It would be much appreciated if you could have your records updated accordingly.
|
|
Follow us on LinkedIn!
We post regulatory updates to our LinkedIn company page on a weekly basis. Follow us to ensure you have access to the most up-to-date information. To view and follow our company page, please click
here.
|
|
|
|
|
|
|