Liability

Additional information about Liability Management can be found on aer.ca.


Liability Management Performance Report

Frequency of Publication
Description

This report tracks industry performance as it relates to liability management and the impact of the liability management requirements over time. The purpose of this report is to improve transparency about industry’s management of conventional oil and gas liabilities and to develop performance measure baselines and ongoing assessments both of industry as a whole and licensees specifically. This report will be updated annually, and additional data will be added as the liability management program expands.

Report is made up of 5 sections: 1 Conventional Oil & Gas Infrastructure 2 Liability Estimates 3 Closure Spend Data 4 Impact of Closure Spend on Liability Estimates 5 Orphan Fund Levy.

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