When operators engage TEA as their well abandonment and workover program manager, measurable outcomes emerge consistently across AER LMR reduction, capital recovery, and regulatory closure timelines. The ranges below reflect typical program results based on TEA’s field execution experience across Alberta.
- Structured abandonment programs reduce AER LMR exposure within 1–2 field seasons • Proactive well closure eliminates enforcement risk before it escalates • Documented compliance positions operators for clean AER regulatory standing
- ERA MRDP funding recovers up to 50% of eligible abandonment costs • Salvage value recovery from wellhead, tubing, and surface equipment offsets program spend • Carbon credit development under Alberta TIER adds incremental recovery on qualifying wells
- AER Directive 020 compliant plug and abandonment on every wellbore • Full D020 field documentation package submitted per well • Reclamation Certificate issuance coordinated through licensed engineering partners