AER Announces Key Updates

Alberta Oil & Gas Exceeds Cleanup Goals: Read the Latest Industry Insights

EnergyNow published a great article today highlighting the fantastic progress the oil & gas industry is making in proactively decommissioning and reclaiming the inactive inventory in Western Canada. For the 2nd year in a row, oil & gas operators have spent more than required on closure activities, based on their mandatory spends. In 2023, $923 million was spent on closure activities (surpassing the mandatory spend by 22%), and 2024 is on track to exceed the industry mandatory spend of $700 million. In 2025, the industry-wide mandatory spend will increase to $750 million.

360’s CEO, Ryan Smith, explains in the article how a predictable regulatory framework helps both our clients and our business effectively support environmental stewardship while planning for the future.

Check out the article to learn more about the positive impact these efforts are having on Alberta’s landscape and economy!

Recent News & Events

  • New Mining Alliance

    360 EEC Joins New Mining Strategic Alliance

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  • CarbonPath Carbon Credit Generation Methodology Open for Industry Feedback

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  • 360 Engineering & Environmental Consulting Acquires Outcome Consultants

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  • AER Announces Key Updates

    AER Announces Key Updates and Changes to Directive 088

    The Alberta Energy Regulator (AER) announces key updates and changes to Directive 088 through Bulletin 2025-27 released on August 27, 2025 for the remainder of 2025 through to 2027.  Industry Mandatory Closure Spend Amount Exemptions Exceedance Bank (2025–2027) Get in touch with 360 EEC today to explore how these key updates and changes may affect your…

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