Advancing Alberta Amp 39 New Liability Management Framework News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Amendments to the
Oil and Gas Conservation Rules and
Pipeline Rules to advance the Government of Alberta s new
Liability Management Framework and address Alberta s inventory
of abandoned wells, facilities and pipelines came into effect on
December 3, 2020. 
As we noted in our April 2020 blog on Alberta s approach to liability
management, earlier amendments to the
Oil and Gas
Conservation Act and
Pipeline Act received Royal
Assent on April 2, 2020, and were  implemented in part to
address growing concerns related to oil and gas liabilities
following the release of the Supreme Court of Canada s decision
in
On July 30, 2020, the Government of Alberta announced that it ....

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