March 2017

Benoit LMR Software Release- Beta Tester Solicitation
We are pleased to announce that we are moving closer to a full commercial release of the Benoit LMR Software product, a joint software venture with WDS Solutions Inc.

Internally, the staff at Benoit have been utilizing this tool to:
  • Corroborate the AER's LMR calculation
  • Conduct a forecast of a company‚Äôs LMR
  • Assess  the potential impact of an acquisition or divestiture
  • Utilize the information to mitigate LMR security deposits
However, before proceeding to a commercial release of this product, we would like to have it tested externally.  If you are interested in utilizing this product before its commercial release (without any cost to you), please contact us.  Any feedback you could provide us would be greatly appreciated and will likely be incorporated in its release.

We look forward to hearing from you!
 
SME - Solicitation of Feedback for Directive PNG017

All feedback must be submitted by April 21, 2017 to png.support@gov.sk.ca.
 
IWCP  Deadline is Quickly Approaching- There Are More Options Than Abandoning Wells!
As discussed in previously newsletters,  the deadline for retiring 20% of your wells in the IWCP is March 31, 2017. An updated IWCP compliance report will be made available on April 1, 2017 by the AER.  

If you would like to discuss your options and understand how Benoit can help you meet your 2018 obligations, please contact us.  We'd be happy to help.

BCOGC: Industry Bulletin 2017-07 
The OGC has created a new submission process for Completion/Workover reports.    For more information on this process, please click here .
BCOGC: Industry Bulletin 2017-06
The OGC has released a few updates to the Application Management System (AMS), including an option for AMS payment.  For more information on the changes please click here .
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phone: 403.263.0896  |  email: questions@benoitregulatory.com