In a recent Daily Oil Bulletin article, Gary Winthrop, Oil & Gas Sector Lead at Matrix Solutions, a Montrose Environmental company, shares insights on the trend of Western Canadian provinces moving towards more prescribed timelines for decommissioning, assessing, and restoring sites after they become dormant.
Winthrop says meeting these timelines begins with a comprehensive strategic process for screening sites within a portfolio to evaluate the degree of environmental risk, stakeholder challenges, and costs and timelines to achieve closure.
With this information in place, multi-year execution plans can be developed to maximize liability reduction investments and avoid costly delays.
Read the full article on Daily Oil Bulletin.
Learn more about Matrix’s Assessment, Remediation and Reclamation expertise.
