Government of Alberta Curtails Production
Release Date: 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 @email to discuss the requirements and next steps.
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.