AER Implements Life Cycle Management Directive Effective December 1, 2021

The Alberta Energy Regulator (AER) has released Directive 088: Licensee Life-Cycle Management, which finalizes the draft Licensee Life-Cycle Management Directive (Draft LLCM Directive) for energy infrastructure and sites licensed under the Oil and Gas Conservation Act and Pipeline Act. Directive 088 outlines the AER's framework for managing energy sector liabilities through holistic assessment of licensees' capabilities and performance throughout the energy development life cycle....
By: Bennett Jones LLP