Alberta regulator vastly underestimated cost of well clean-up, new internal documents suggest

Internal documents from Alberta's energy regulator suggest the province's environmental liability for hundreds of thousands of oil and gas wells could be nearly triple the figure the agency announced earlier this week.

Alberta regulator vastly underestimated cost of well clean-up, new internal documents suggest
A pumpjack draws out oil from a well head near Calgary in this file photo taken in September 2022.

Internal documents from Alberta's energy regulator suggest the province's environmental liability for hundreds of thousands of oil and gas wells could be nearly triple the figure the agency announced earlier this week.