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Bulletin 2007-32

September 13, 2007

Revised Edition of Directive 007-1: Allowables Handbook—Guidelines for the Calculation of Monthly Production Allowables in Alberta Issued

The Alberta Energy and Utilities Board (EUB) announces the release of the revised edition of Directive 007-1: Allowables Handbook—Guidelines for the Calculation of Monthly Production Allowables, with its updates effective immediately.

As a consequence of this revised edition, the following are rescinded:
• Interim Directive (ID) 99-02 plus Amendment: Revised Policy on Administration of Oil MRL’s and Overproduction and Revisions to Enforcement Ladder for Retirement of Overproduction
• ID 97-01: Horizontal Oil Wells – Revised Production Rate Limitation

The revised edition includes updates to the compliance information, in accordance with Directive 019: EUB Compliance Assurance—Enforcement, and clarifications to the previous edition. The new edition is available on the EUB Web site www.ercb.ca and in print from EUB Information Services.

Some of the highlights of changes are
• updated compliance information, in accordance with Directive 019,
• elimination of EOR projects that have been replaced by EOR approvals, and
• updates to the flaring requirements during the new oil well production period (NOWPP).

Comments and questions should be forwarded to Nashila Visram, of the Geology and Reserves Group, Resources Branch (telephone: 403-297-8354; e-mail: nashila.visram@eub.ca)
or Andy Burrowes (telephone: 403-297-8566; e-mail: andy.burrowes@eub.ca .

<original signed by>

C. D. Hill
Executive Manager
Resources Branch