The BC Energy Regulator has shown the Peace River Regional District (PRRD) a strong start in well-drilling activities and around 600 wells to be built in 2024.
DAWSON CREEK, B.C. — The BC Energy Regulator has shown the Peace River Regional District (PRRD) a strong start in well-drilling activities and around 600 wells to be built in 2024.
According to their website, the BC Energy Regulator ensures activities are undertaken to protect public safety and the environment, conserve energy resources, and foster a sound economy.
During the May 30th regional meeting, Jordan Van Besouw, supervisor of drilling and production at BC Energy Regulator, said the drilling and completion of well activities this year has been positive.
“That activity has remained very strong through the first part of this year,” said Besouw.
The data shows the strongest start to activities in the last five years, and well on track to building a record number of wells this year.
Activity has since slowed in April due to “spring breakup behaviour,” but according to Besouw, it will continue to be productive.
“There are over 20 rigs running at any given moment, drilling activity has been strong for the last year and will continue to do so,” said Besouw.
The only concern was that water availability could be challenging for permit holders and might impact activity levels throughout the year.
Ryan Rolick, hydrologist at BC Energy Regulator, provided an overview of water management in the oil and gas industry, regulatory authority, and water projects being done.
Rolick says they are responsible for regulating water use for oil and gas activities through the Water Sustainability Act.
According to the presentation, water allocations operate within principles to protect environmental flows for fish and wildlife, protect present and future needs for users and First Nations, manage natural variability, and be fully transparent with information and decisions.
https://energeticcity.ca/2024/06/06/well-drilling-activity-shows-optimistic-projections-for-2024/
