Gas well shut-in carries billion-dollar costEnergy and Utilities Board staff report recommends shutting in 485 gas wells, less than 938 wells originally targeted Gary Park Petroleum News Calgary correspondent
Natural gas producers in northeastern Alberta could lose C$1 billion in cash flow, if the province’s Energy and Utilities Board shuts-in 485 wells to protect more valuable oil sands reserves, says Paramount Energy Trust.
The Calgary-based trust, which has led the fight against idling the gas produc....
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