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Oil industry abandons more wells

April 15, 2015 by Rob Hislop Leave a Comment

The drop in oil prices coupled with new regulations and changes in drilling have prompted a lot of junior oil companies to walk away from their wells. In fact the numbers of orphaned wells have jumped dramatically, going fromĀ 162 to 702 in the past year. The problem now is the clean up. For the past […]

Filed Under: Alberta, Environment, News Tagged With: abandoned well, Alberta, Alberta Energy Regulator, energy, Environment, oil well, orphaned well, reclamation

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