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Government of Alberta Curtails Production

by pmnationtalk on December 7, 201829 Views

December 06, 2018

On December 2, 2018, the Government of Alberta announced short-term reductions in crude oil and crude bitumen production that will take effect on January 1, 2019.

On December 3, 2018, the Government of Alberta released regulations under the Oil and Gas Conservation Act, Oil Sands Conservation Act,and Responsible Energy Development Act setting out the framework for how these reductions would be made. The Curtailment Rules enable the limiting of crude oil and crude bitumen production in Alberta according to the prescribed formula.

On December 6, 2018, the Alberta Energy Regulator (AER) contacted the operators that are subject to ministerial orders outlining curtailment requirements. If your company has not received a ministerial order, it is not required to limit production at this time.

If your company has received a ministerial order, please contact the AER at curtailment@aer.ca to discuss the requirements and next steps.

The Curtailment Rules can be found on our website, www.aer.ca, under Regulating Development > Rules and Directives > Acts, Regulations, and Rules. If you have any questions, email curtailment@aer.ca.

As announced by the Government of Alberta, the AER will be establishing a panel that will hear concerns related to the curtailment. The AER is working with the Government of Alberta to finalize panel details and will share more information in the coming days.

NT4

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