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Number of inactive oil and gas wells in Alberta fell 5 per cent in 2023: report

  • In 2023, the number of inactive oil and gas wells in Alberta fell by five per cent to 79,000, decreasing from 83,000.
  • Alberta’s oil and gas producers spent $769 million on cleaning up old wells in 2023, which is a $73 million increase from the previous year.
  • The total outstanding liability for cleaning up remaining wells in Alberta is $33.1 billion.
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  • 58% of the sources lean Left
58% Left
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