Insights
Explore our collection of thought-provoking articles and stay informed about the latest trends, best practices, and insightful perspectives with expert advice from the 360 team.
Streamlining Communication and Unlocking the Benefits of a Single Contact Point for Clients
How often do clients feel like the above image? Bombarded by questions or calls from multiple people, but never fully knowing what is going on? In 360’s fast-paced environment, effective communication plays a pivotal role in ensuring smooth operations, fostering client satisfaction, and driving overall success. For the Liability Management business unit, implementing a single…
After the Fire: the Good, the Bad, and the Ugly
After one of the worst fire seasons in Alberta’s history, my heart goes out to the many people who will be returning to homes and properties that were destroyed by the fires in May of this year. Now, with that in mind, I write this insight in the hopes that a ‘shared experience’ may aide…
The Evolution of Liability Management
360’s Director of Business Operations, Mike Newton, explores the impacts of updates to the Licensee Liability Rating (LLR) deemed liability values, the timing of these changes, ways energy producers can proactively prepare, and the economical case to transition from LLR to ARO values now. Presentation Overview: Thanks for reading,-Mike
Small Equipment = Big Savings: Save Money by Reducing Time to Closure on Boreal Forest Sites
It can take several years to receive a Reclamation Certificate in the boreal forest region of Northern Alberta. Each additional year between initial closure work and Reclamation Certification represents an incremental cost to a site, which becomes significant when considered over a large volume of locations. For the past 12 years, the experienced teams at…
Building Resilience: 360’s 2023 ESG Report
360 is proud to release our 2023 ESG Report. Themed Building Resilience, the report summarizes a very transformative year for the 360 team. We are excited to present the successes we achieved in 2022 and outline our vision and ESG goals for 2023 and beyond. CLICK HERE to view the full report.
Focusing on Mental Health & Wellness in the workplace
This month’s Insight is a conversation with 360 leadership about Mental Health & Wellness in the workplace; why it’s important, and what we are doing to help fight the stigma and support our employees. Click HERE to watch.
2022 Year in Review
What a difference a year makes… As 360 reflects on the state of the Canadian Energy Industry and in particular our sphere of site closure, we are cautiously optimistic for the future. Numerous macro-economic factors have influenced the production-side of the energy equation (positive and negative) and the same can be said about the…
After the Fall – Reclamation Season Review
As the November snow gusts, it is a good time to reflect on our Alberta reclamation season. Low snow accumulation and a dry, early spring gave way to much needed rain in late May and early June in southern Alberta. While the moisture was greatly appreciated by farmers, it interrupted the early start on the…
How Directive 020 changes have impacted ARO values
Change comes like a shockwave, jarring and scary at first but as time goes on, the ripples slowly dissipate to become the “norm”. Take, for example, the rise in gasoline prices over the past few months. Many found alternative solutions like cycling instead of driving to reduce consumption. But how long do these solutions last?…
Where have all the people gone?
This labour market is tighter than a pair of skinny jeans post a Covid19 shutdown! Am I right? Is the tight labour market another consequence of the pandemic? How are Canadian employers coping? The pandemic triggered unprecedented changes to the labour market. Industries that could operate with remote workers were forced to increase automation and…
Spotlight on Site Specific Risk Assessment
Background Alberta’s contaminated sites policy framework provides three management options: Tier 1 assumes that all exposure pathways and receptors relevant to the land use are present. Tier 1 guidelines are developed based on the most sensitive pathway or receptor so they can be used at most sites with no modification. Tier 2 allows for consideration…
Maximizing your 2023 Mandatory Target
Background On June 28, 2022 the Alberta Energy Regulator released its industry-wide mandatory liability spending target. The 2023 target was set in July 2021 at $443MM, however the AER surprised industry with a significant revision to $700MM. Bulletin 2021-23 Bulletin 2022-23 The full AER Bulletin 2022-23 can be found HERE The AER notes rising commodity…
The ABC’s of British Columbia’s Dormant Sites
It’s been three years since the inception of the Dormancy and Shutdown Regulation in BC and boy has it affected my job as an environmental consultant! On the heels of the 2019 Redwater decision, BC regulators took a strong stance against pushing liabilities down the road by regulating site closure timelines to persuade the oil…
Is this still good? The Best Before/Sell by/Meilleur Avant date of your Phase 1 ESA Report
I had a colleague in the abandonment pod ask me “when does a Phase 1 ESA expire?”. They had a client that was interested in submitting an SRP (Site Rehabilitation Program) application for both abandonment and environmental scopes of work – but wanted to estimate the environmental work on a Phase 1 Environmental Site Assessment…
Curious Minds: How childhood wonder has inspired innovative and empathetic decision-making, and collaborative team efforts
“In my home province, milk was most often sold in bags and inserted into open-top jugs. My parents would cut a tiny corner out of the front and the back of the bag before pouring. Somewhere along the way, I picked up this habit. It hadn’t occurred to me to question the process until I,…
Client Obsession: It’s importance across all aspects of the business
From a young age, I was taught about the significance of going that extra mile. This had many applications through my life like sports, school, relationships, and in business. In various sports growing up, we would aim for that extra inch to set us apart which led to multiple city championships and a provincial championship.…
360’s 2022 ESG Report
February is always an exciting month for 360 as it is the release of our annual ESG Report. 2022 marks the 3rd release of our ESG Report, which highlights our successes from the past year and outlines our future goals in the areas of Environment, Social, and Governance. The theme of our 2022 report is “Building a…
The Holistic Approach: Directive 088
We hear the word holistic used in many places. Project management, mechanical diagnoses and more commonly, our health. A holistic approach can be incredibly beneficial when it comes to our health. We are examining ourselves as a whole rather than individual parts. When all those individual parts are taken care of, as a whole we…
The Evolution of Closure in Western Canada
Have you ever wondered what it would like to be a first-hand witness to evolution as it happens? Anyone living in Western Canada should take a few moments to read this Insight, and learn how the oil and gas sector has adapted and evolved to make Closure a vital part of its operational framework. Closure…
Taking the Time it Takes
My dad first said this to me when I was around 10 years old. I can’t remember the exact task that I was trying to complete in a hurry, but I was in a rush, nonetheless. I was given this advice and at the time, it seemed like one more thing your parent says to…