News & Events / Accelerated Site Closure Program Update January 2022

Summit’s team of environmental and decommissioning professionals remain committed to ensuring our clients are informed and benefit from Saskatchewan’s Accelerated Site Closure Program (ASCP) federal grant funding. Summit regularly participates in the Ministry of Energy and Resources industry advisory panel as part of the PSAC closure committee.  

A licensee’s current and cumulative eligibility and allocations can be viewed here:

Government of Saskatchewan ASCP Funding Allocation

As of the most recent update on November 30, 2021, approximately $316 Million in grant funding has been issued through 279 work packages. The program has paid approximately $152 Million to Saskatchewan-based service companies for work completed. Work package submission deadlines are quickly approaching and an extension of the program has not been granted at this time.

  • Work Package Submission: February 28, 2022

Phase 1 Licensee Allocation and Eligibility

In Phase 1 of the ASCP, eligible licensees are licensees who were in good standing in relation to debts owing to the Crown as of March 1, 2020. The total allocated in this round was $100 M, with each licensee a minimum of $50,000. Eligible activities include the following:

  • Abandonment of oil and gas wells, facilities and associated flowlines;

  • Environmental site assessments (Phase 1 and Phase 2);

  • Site remediation activities; and

  • Site reclamation activities.

Phase 2 Licensee Allocation and Eligibility

Phase 2 retained the same legibility criteria as the prior round for both licensees and activities. This round consists of an additional $200 Million in available funding.

Phase 3 Licensee Allocation and Eligibility

Phase 3 allocated an additional $55 Million to licensees in November 2021. The eligibility has remained unchanged from the previous 2 rounds.

 Working for you

Summit has developed the required contracts to aid in the application of this program. Our team is ready to help develop estimates and applications helping you manage your site closure activity from Surface Abandonment through to Reclamation and all scopes between.  

 Contact Summit

Please reach out to your Summit Project Manager or Representative if you have any questions or would like your sites applied for this grant.

 

Previous Post Next Post