Discover and read the best of Twitter Threads about #rstar
Most recents (7)
This piece proves Premier and UCP don’t have a clue about oil & gas law or facts:
“Smith acknowledged Alberta first needs to figure out how to get orphan wells reclaimed before requiring renewables companies to do the same”
Nothing to figure out! 1/n
edmonton.ctvnews.ca/we-are-a-natur…
“Smith acknowledged Alberta first needs to figure out how to get orphan wells reclaimed before requiring renewables companies to do the same”
Nothing to figure out! 1/n
edmonton.ctvnews.ca/we-are-a-natur…
Either:
a) Ensure the Regulator charges a levy on industry each year to be sufficient to retire all orphans as required by law; or
b) Cabinet can name another body to do the job in accordance with law if the Regulator can’t or won’t, as also contemplated by law.
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a) Ensure the Regulator charges a levy on industry each year to be sufficient to retire all orphans as required by law; or
b) Cabinet can name another body to do the job in accordance with law if the Regulator can’t or won’t, as also contemplated by law.
2/n
The law is Part 11 of the Oil & Gas Conservation Act. We just need to ensure it’s enforced or make the changes the law provides for when enforcement is an issue. No need to reinvent the wheel on the world’s best orphan law!
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<canlii.ca/t/55xvl#sec68>
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Time to explain:
1. What is "CStar"? (Royalty reduction program to incentivize well drilling (2016, NDP govt.).
2. What is the proposed #RStar program and how would it extend CStar?
3. What royalties are (fee paid to owner of a mineral like oil, gas, coal by producer).
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1. What is "CStar"? (Royalty reduction program to incentivize well drilling (2016, NDP govt.).
2. What is the proposed #RStar program and how would it extend CStar?
3. What royalties are (fee paid to owner of a mineral like oil, gas, coal by producer).
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CStar simplified: Left graph shows how C* works. A formula that represents drilling costs (based on depth, horizontal reach and fracturing sand costs) is used to calculate C*. The well licensee pays reduced 5% royalty until the well produces product equaling C*.
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Once C* is reached the higher, normal royalty rate (up to approx. 40% max.) varies based on factors such as type of product(s) produced by the well, market price, etc. until the well reaches Maturity Threshold, after which the percent royalty once again starts to reduce.
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Premier has me blocked, but it would appear she accused the NDP of not liking facts by tweeting incorrect or irrelevant facts.
Improper use of the term “abandoned” oil sites by politicians in general is also a problem. Abandoned wells often confused with orphaned wells.
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Improper use of the term “abandoned” oil sites by politicians in general is also a problem. Abandoned wells often confused with orphaned wells.
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When NDP formed government, wells named as orphans by the AER increased because licensees went bankrupt. The governing party has no control and should not interfere with how the AER enforces the law governing the Orphan Fund. Bankruptcy is federal law.
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Premier says NDP “weren’t making polluters pay”. Whether this statement is linked to the increase in so-called abandoned wells is not clear. Regardless it’s regulators and tribunals that make polluters pay, not the government of the day.
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#KrisKinnear is said by @DonBraid to be working on flarepit and abandoned well policy in the Premier's Calgary office.
He's unqualified & potentially dangerous - a lobbyist.
Illegal and unsafe use of plunger lifts in oil wells impressed him greatly:
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He's unqualified & potentially dangerous - a lobbyist.
Illegal and unsafe use of plunger lifts in oil wells impressed him greatly:
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In an Alberta Enterprise Group video, Danielle Smith interviews Kinnear on the #RStarScam. Kinnear feels small companies are able to do what large companies cannot. He talks about a welder (Tim Reeves) purchasing wells and using plunger lift (17:50)
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Tim Reeves purchased numerous wells in the Olds/Didsbury area for $1.00 each because they were shut in due to high oil gas ratio rules - produced too much oil well solution (natural) gas that needed to be conserved (by pipeline) instead of being flared on site. List below:
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#KrisKinnear stars as a landowner with a problem flare pit in this short film, an advertisement for #RStar.
@DonBraid column states that Kinnear is “Smith’s special projects manager who works on policy for flare pits and abandoned wells”.
🧵/1
@DonBraid column states that Kinnear is “Smith’s special projects manager who works on policy for flare pits and abandoned wells”.
🧵/1
#RStar lobby:
“He (like Smith) was a lobbyist around that issue. According to the premier, he quit that position in October …But the NDP produced a registry document listing him as a director of Sustaining Alberta’s Energy Network, a non-profit.”
/2
calgaryherald.com/opinion/column…
“He (like Smith) was a lobbyist around that issue. According to the premier, he quit that position in October …But the NDP produced a registry document listing him as a director of Sustaining Alberta’s Energy Network, a non-profit.”
/2
calgaryherald.com/opinion/column…
It’s also well documented that Sustaining Alberta’s Energy Network (SAEN) raised money for UCP candidates and that Kinnear was involved in Smith’s leadership campaign.
Is this why he’s working on flarepit and abandoned well policy?
/3
Is this why he’s working on flarepit and abandoned well policy?
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Rather than clarifying, instead of sticking to messaging that @PeterGuthrie99 is performing consultations with everyone except the public who will pick up the tab, the Premier adds to #RStar confusion on her Saturday morning show at 15:30.
Comments. 1/n
globalnews.ca/edmonton/progr…
Comments. 1/n
globalnews.ca/edmonton/progr…
To begin, perhaps the Premier didn't speak to her minister or is overriding his supposed shelving of the Pilot project as reported by @EmmaLGraney? Whatever reason, the Premier gave a full steam ahead impression the next morning on the radio.
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My late father was proud of a 1980 award by the courts for $7,500 for mental anguish related to drilling of an urban well. To hear the Premier publicly say that landowners suffer (compensable) stress would have pleased him. It will sure piss off industry & Tribunal members!
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🔥 FLARE PIT WEEK!🔥
To continue #RStar’s belated, well-deserved thrashing, and given LMIP pilot program focus on 4,300 old flare pits as per @ABDanielleSmith, I’ll focus on gas flaring/venting this week.
A🔥hot topic🔥near and dear to my heart (as Premier said about RStar)! +
To continue #RStar’s belated, well-deserved thrashing, and given LMIP pilot program focus on 4,300 old flare pits as per @ABDanielleSmith, I’ll focus on gas flaring/venting this week.
A🔥hot topic🔥near and dear to my heart (as Premier said about RStar)! +
From the pit built partially off site (trespass) and illegally operated on family urban lands, to illegal gas venting by the welder Tim Reeves that Kluless #KrisKinnear thought was cool new technology, to well site areas too small by law for flaring, I’ll cover the 🔥 issues. +
Maybe save a life, Definitely I’ll alert landowners by the thousands that they are owed some big money related to these unsafe and illegal operations.
People/candidates need Real Talk that industry & Regulator don’t provide.
🔥 The Premier opened a hot can of worms 🔥 +
People/candidates need Real Talk that industry & Regulator don’t provide.
🔥 The Premier opened a hot can of worms 🔥 +
