宝威体育

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A number of pages on the Government of 宝威体育's website have been professionally translated in French. These translations are identified by a yellow box in the right or left rail that resembles the link below. The home page for French-language content on this site can be found at:

Renseignements en Français

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Licensee Liability Rating Program

The Licensee Liability Rating (LLR) Program manages the financial risk to the 宝威体育 Oil and Gas Orphan Fund and is designed to prevent the occurrence of orphaned wells and facilities within 宝威体育.

Each licensee with upstream oil and gas wells and facilities, including service wells, in the province has their Licensee Liability Rating calculated monthly by the Ministry of Energy and Resources.

and provide information on how:

  • Abandonment and reclamation liability are calculated for a particular well or facility licence;
  • A licensee's liability rating (LLR) and prorated LLR are calculated;
  • A security deposit is assessed and invoiced, acceptable security deposit payment methods and eligibility requirements for refunds.

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