alwaysadmiring

alwaysadmiring t1_itvv1e0 wrote

Oil and gas companies that are newly being created in Alberta from what I understand require a deposit to be paid upfront for the wells they plan to drill to cover expenses should they Need to reclaim The wells to a safe environment. What this forces is basically no shell companies being created to simply take all the liability and no actual actions.

Also wanted to mention I’ve used aerial surveillance vendors on more local scales to fly across all the oil and gas properties across AB and SK that use FLIR and gas leak detection technology to indicate to us GPS coordinates where they noticed CH4 (methane) higher than 2 PPM (baseline). I’m not sure what the satellite technology costs will be but certainly technology that is very useful And already being used to ensure we minimize leaks where possible !

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