All’s Well that Ends Well: Addressing End-of-Life Liabilities for Oil and Gas Wells

Summary:
Page Title:All’s Well that Ends Well: Addressing End-of-Life Liabilities for Oil and Gas Wells – C.D. Howe Institute
Article Title:All’s Well that Ends Well: Addressing End-of-Life Liabilities for Oil and Gas Wells
URL:https://cdhowe.org/publication/alls-well-ends-well-addressing-end-life-liabilities-oil-and-gas-wells/
Published Date:September 28, 2017
Accessed Date:February 8, 2025

If Alberta doesn’t change how it requires companies to finance their own oil and gas well cleanup costs, the energy industry and, ultimately, taxpayers in Alberta face cleanup costs of up to $8 billion, according to a report by the C.D. Howe Institute.  In “All’s Well that Ends Well: Addressing End-of-Life Liabilities for Oil and Gas Wells,” authors Benjamin Dachis, Blake Shaffer and Vincent Thivierge use a financial stress test to estimate future cleanup costs and recommend ways for the government to better manage the problem.

Membership Application

Interested in becoming a Member of the C.D. Howe Institute? Please fill out the application form below and our team will be in touch with next steps. Note that Membership is subject to approval.

"*" indicates required fields

Please include a brief description, including why you’d like to become a Member.

Member Login

Not a Member yet? Visit our Membership page to learn more and apply.