We have a situation where several gas wells have been closed for more than a few years. This is mainly due to the price per GJ. What royalties would be considered acceptable, with the exception of property taxes, ERCB royalties, surface rentals/mineral rentals? The operator collects a contract operator, transport costs and road tolls. Would they be acceptable for a well that has been closed for more than three years? Members of the EWHA task force will present the agreement and discuss the process (more than 5 years) to complete this model. Some of the most controversial clauses and issues that the task force has addressed will also be discussed. What questions can be asked in the event of an acquisition or divestment? At what stage of the transaction (pre-closed, closed or post-closed) could the problem arise? Does the existence of a power enterprise agreement alleviate problems? And above all, what steps can the joint venture technician take to resolve the problem to the satisfaction of all parties involved? From an operational perspective, the field work required to operate a well that is “permanent” or formally exposed is similar. Ongoing work includes, but is not limited, well location and access to road maintenance, well pressure examination and repair and maintenance of drilling and drilling head. It should be noted, however, that work on a “permanent” display or display is usually done regularly and not periodically each month, as is the case with work on a production well. The industry is digging more and more from common well padding in which wells or facilities are not maintained in the common interest. This created the need for a dose-sharing agreement from the industry. How can the rights of the operator and co-operators be lowered under the respective joint enterprise agreements with the needs of the Padsite operator? To learn more about the Limitations Act and how it operates under oil and gas agreements, see PASC; GP-15, 2017 Alberta Limitations Act.
Join us for this update on topics, options and provisions for the upstream Canadian oil industry. Hold a debate on dispute resolution options, available instruments and proposed dispute settlement provisions for future VPA pre-accession agreements on industry, including the new DEEE CO-O agreement. I am the operator in an JOA with a 90 CAPL and a 96AP drilled and a third-party well drilled near us and instead of building rental roads have in the road use agreements with us for the parts of the roads they use.