Alberta reduced the number of its inactive oil and gas wells by 5% last year, to a total of 79,000 from 83,000 a year earlier, according to a report by the Alberta Energy Regulator. The watchdog said that oil and gas companies in the province spent over C$769 million, or about $550 million, on the closure of non-producing wells in 2023, exceeding the sum required by the authorities. “This year's data indicates the industry is making notable progress on cleaning up oil and gas wells, pipelines, and facilities,” the chief executive of…
Hence then, the article about alberta cut inactive oil wells by 5 in 2023 was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Alberta Cut Inactive Oil Wells by 5% in 2023 )