Oil & Gas Product News Logo

CAODC applauds Alberta government’s approach to allocating federal well reclamation funds

Service rig contractors will be eligible to apply for and receive grants directly as of May 1, 2020

CAODC applauds Alberta government’s approach to allocating federal well reclamation funds

The Canadian Association of Oilwell Drilling Contractors is pleased with both the speed and direction of the Alberta Government's portion of federal funding for well reclamation.

The Minister of Energy announced service rig contractors are eligible to apply for and receive grants directly, and that an application process would be launched on May 1, 2020.

"We couldn't be happier with the Alberta Government's approach," explains CAODC President and CEO Mark A. Scholz. "Our sector needs immediate support, and we are excited to see such a direct allocation of funds because it will get rigs and people working in the fastest manner possible."

CAODC will work with both the Minister of Energy and the Alberta Energy Regulator on building a well reclamation program that will create thousands of jobs and safely and professionally decommission wells across the province.

Company info

More from Industry News

Sponsored Brought to you by: Globalstar Canada Logo

Opening New Windows into Remote Asset Management and Worker Safety with Satellite Communications

Industries such as construction, mining, energy, utilities and forestry, face many challenges when it comes to tracking assets and employees. Equipment often has to be transferred between locations, or monitored while it is dormant during off seasons. Lone workers may have to travel long distances or visit multiple sites during the course of their activities. And, all of this is further complicated today with shifting supply chains and economic realities putting further strain on the bottom line. 

Learn more

Get our newsletter

Subscribe to our free magazine

Get Our Magazine

Paper or Digital delivered monthly to you

Subscribe or Renew Learn more

Get our newsletter