FULL ABANDONMENT SERVICES
We are an experienced, full-service downhole abandonment company providing well site supervision, engineering, consulting, coil tubing, cementing, wireline, and fluid hauling services.
WHAT’S ALL THE EXCITEMENT ABOUT LMR?
RELATED DOCUMENTS
In the midst of the most significant petroleum downturn in decades, Canadians are concerned the number of inactive and “orphan” oil and gas wells in Western Canada and the associated public liability. At the same time, abandonment and reclamation costs are soaring, while the time and expense of getting to a reclamation certificate have ballooned. In these economically and politically uncertain times, environmental groups and the general public are urging politicians and regulators to set agressive abandonment and reclamation timelines and hold the industry accountable.
CASE STUDY: SIGNALTA RESOURCES LIMITED
The collapse of natural gas prices in 2009 hit Alberta’s natural gas producers hard. In the face of a natural gas glut, companies were forced to tear apart their cost structures to preserve cash flow…
OUR PARTNER TERRA-SANO
Terra-Sano provides earthworks and environmental consulting, surface abandonment and reclamation/remediation services to reduce inefficiencies and process loops and increase the proportion of the investment spent in the field.
Working together or separately, Terminis Downhole Services and Terra-Sano Earthworks and Environmental Consulting can help clients reduce their Liability Management Ratio (LMR), providing portfolio assessment, downhole and facilities abandonment, land reclamation and environmental services.
IN THE NEWS
NEW COURT RULING
The Alberta Energy Regulator (AER) and other officials – including the Orphan Well Association – were shocked this spring when the Alberta Court of Queen’s Bench ruled that receivers and trustees can selectively disclaim unprofitable assets under a section of the federal Bankruptcy and Insolvency Act… More
ALBERTA SEES HUGE SPIKE IN ABANDONED OIL AND GAS WELLS
It’s no secret that Alberta’s junior energy sector is struggling. Falling energy prices and tighter rules around the viability of oil and gas… More
ALBERTA ENERGY REGULATOR TRIES TO STEM TIDE OF ORPHAN WELLS
With little fanfare, the Alberta Energy Regulator has tightened up the rules for buying oil… More
Our Team
President
Gord Robinson
33 years of operations and project management experience
Specialized in multi-well shallow gas and CBM programs
Field Operations
Shawn Erick
30 years service industry experience
Owner Coil Tech Coiled Tubing until 2006,
Owner Lone Star Oilfield Services
Downhole tool rentals and service
