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How will the Oilfield Waste Management Facility Full Security Program be amended into a risk based Program?

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How will the Oilfield Waste Management Facility Full Security Program be amended into a risk based Program?

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Part 16.6: Security of the Oil and Gas Conservation Regulations will be amended to be consistent with the requirements of the OWL Directive. Licensees who are eligible for a full or partial refund of their security deposit make a written request for a refund on company letterhead. Corporate eligibility criteria include the licensee having an LMR equal to or greater than 1.0, and compliance with ERCB security deposit requirements. Facility-specific eligibility criteria includes the licensee being compliant with ERCB security deposit requirements, a facility having reported 12 calendar months of throughput to the Petroleum Registry of Alberta (PRA), and the facility’s OWL ratio is equal to or greater than 1.0. Landfills approved by the ERCB are excluded from the OWL Program and will remain subject to the full security requirements outlined in Part 16.6: Security of the Oil and Gas Conservation Regulations.

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