The challenges faced by Energy regulatory bodies are the deciphering of true liability and asset values in an ever changing commodities market. LIF can provide assistance. Those wells which have been identified as high risk wells and have the potential to fall within annexation and development areas, must have monitoring and risk management technology included with the abandonment and monitoring management plan.

Regulatory Driven Management Plans

By providing a regulatory driven management plan to be utilized in the reconfiguring operators’ LMR rating. Via proper abandonment of wells the surface land becomes available to Alberta residents and land owners for farming, recreation and development.