Listen Live

HomeNewsLloydminster gets $108 million in final phase of inactive well program

Lloydminster gets $108 million in final phase of inactive well program

With 5,500 sites complete, Saskatchewan is adding on $55 million in the third and final phase of the inactive well program.

The funding comes under the Accelerated Site Closure Program which was launched in May 2020. The Federal government’s contribution has been $1.7 billion for Alberta, British Columbia, and Saskatchewan to clean up inactive and orphan oil and gas wells.

The money for work packages disbursed across oil and gas producing regions of Saskatchewan includes:

  • Lloydminster – $108 million
  • Estevan – $107 million
  • Swift Current – $51 million
  • Kindersley – $50 million

Officials say as of November 30th, $316 million in contracts has been issued to companies to engage Saskatchewan- based service workers in site closure work.

Additionally, more than $152 million has been paid for work already completed under the program, including 3,100 well abandonments, 830 flowline abandonments, 25 facility decommissions, and 575 Saskatchewan-based companies employed in site remediation and reclamation activities.

- Advertisement -
- Advertisment -
- Advertisment -
- Advertisement -

Continue Reading