Production Curtailment Issues Panel Established
Release Date: December 17, 2018
As announced by the Government of Alberta, the AER has established a production curtailment issues panel. The panel is seeking feedback on the Curtailment Rules from all operators. Written submissions will be reviewed and considered and advice provided to the president and chief executive officer of the AER and to the minister of energy.
If your company has received a ministerial order, or if you have a written submission for the panel, please contact the AER at @email to discuss the requirements and next steps.
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.