The Canadian upstream oil and gas sector is poised to address billions of dollars’ worth of asset
retirement. In Alberta alone, nearly half of the wells drilled have reached the end of their productive lives, thus requiring decommissioning and regulatory closure of the wellsites. Petroleum Technology Alliance Canada (PTAC) and the Clean Resource Innovation Network (CRIN) invite you to attend this virtual event with the goal of sharing successes, learnings and a collective vision for advancing efficient and sustainable practices to most effectively address the full scope of wellsite asset retirement. Presenters and a panel discussion will provide a regulatory perspective or case studies for asset retirement, and innovation to transform our landscape and diversify Alberta’s economy.
During this session, speakers and panelists will discuss:
- A shared vision for holistic asset retirement whereby modernization of asset retirement are front and centre, supported by science, engineering and technological innovation.
- Energizing the decommissioning and liability closure community with shared outcomes from model practices.
- Streamlining research and innovation approaches amongst industry, service providers, technology developers to accelerate site closure and facilitate timely economic diversification.
Time Presentation 8:30 a.m Opening Remarks
Soheil Asgarpour, PTAC
8:40 CRIN Introduction - TEC Theme Synergy and SIF Opportunities
Ian Jobe, CRIN
Session 1 Presentations: Industry Perspective on Wellsite Retirement Challenges and Opportunities 8:50 Perspective of Smaller Producers and ESG
Tristan Goodman, EPAC
9:05 CAPP, AER and DoE Efforts in Encouraging Wellsite Asset Retirement
Richard Wong, CAPP
Session 2 Presentations: Industry Liability Reduction and Best Practices 9:20 Best Practices: Pipelines, Holistic Management and Efficiencies
Kris McNutt, Orphan Wells
9:35 Asset Retirement Driving Value
9:55 Industry Liability Reduction Through R&D and Collaboration
Gerry Boyer, InnoTech Alberta
10:10 Area-Based Closure for Smaller Companies
Carl Lammens, Petronas
Session 3: Reducing our Footprint and Beneficial Reuse 10:30 A Multi-Disciplinary Team Approach to Addressing Complex Challenges
Bonnie Drozdowski, InnoTech Alberta
10:50 Beneficial Reuse and Enabling Clean Lithium, Solar and Geothermal Development
Keely Cameron, Bennet Jones
Session 4: Knowledge Gap Panel Discussion 11:10 Moderator: Chris Powter, Enviro Q&A
Lars DePauw, Orphan Wells
George Sutherland, CPTI
Jil Macdonald, AltaML
Ryan Smith, 360 Energy Liability Management
12:00 p.m. Closing Remarks