Name
Orphan and Idle Well impacts on Landowners?
Date & Time
Thursday, April 25, 2024, 4:00 PM - 4:25 PM
Speakers
Description
Unreclaimed wellsites have negative impacts on landowners and can cause food safety issues, farm equipment damage, weed problems, mortage restrictions, trespass issues, illegal Builder's Liens placed upon the land and increased theft and vandalism in fields.There are lengthy delays in recovering unpaid annual compensation amounts, legacy issues from lack of lease documentation, uncertain regulatory jurisdiction and errors and unrecovered legal costs from navigating the uncertain regulatory landscape. The threat of expropriation does not allow landowners to refuse access for energy development but the regulatory system often does not make the landowner whole and agriculture is forced to subsidize energy development in Alberta.