Oil and gas exploration, production and transportation have an impact on the environment. We are working to reduce our impact on the land we use.
Yearly updates on inactive and abandoned/reclaimed sites are provided to the Canadian Association of Petroleum Producers (CAPP) through Enerplus’ annual reporting under the CAPP Responsible Canadian Energy (RCE) program. Enerplus complies with regulatory requirements to abandon sites when required and initiates reclamation activities immediately after abandonment.
Enerplus reports its asset retirement obligation in its quarterly and annual financial statements. This includes an estimate of abandonment and reclamation costs for the Company's assets including surface leases, wells, facilities and pipelines. Total future asset retirement obligations included in the financial statements are estimated based on the Company's net ownership interest, estimated abandonment and reclamation costs, and the estimated timing of the costs to be incurred in future periods.
To reduce environmental impacts that may result from project design, construction activities and those activities that may occur during operations, Enerplus has developed a Pre-disturbance Assessment Standard to identify opportunities for strategic planning for the avoidance, mitigation and reduction of impacts.
On existing sites, Enerplus completes phased Environmental Site Assessments to determine remedial actions required to determine the impact from the contamination, if any, and to develop and implement a suitable remediation plan.
Without the support of partners like Enerplus, many kids in Alberta and Saskatchewan wouldn’t get the opportunity to learn about the value of wetlands or, in some cases, even visit one. Getting our younger generations involved and passionate about our conservation work is vital to the future of our wetlands and environment.
Perry McCormick, Manager Provincial Operations, Alberta, Ducks Unlimited Canada
For more information about sustainability at Enerplus, visit our Sustainability Report page.