Contribution: The Emissions Reduction Fund
HALO EXPLORATION LTD.
$12,559,942.00
DUVERNAY GAS CONSERVATION PROJECT
FY 2022-23 · 2022-12-13
Summary
The objective is to support onshore upstream and midstream oil and gas sector to lower or eliminate routine venting of methane rich natural gas from conventional, tight and shale oil and gas operations.
Department
Program
The Emissions Reduction Fund
Recipient
Location
CALGARY | CALGARY, Alberta, Canada
Recipient Type
For-profit organization
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Agreement End Date
2028-03-31
Agreement Number
ERF-2816
Agreement Start Date
2022-12-13
Agreement Title
DUVERNAY GAS CONSERVATION PROJECT
Agreement Title (French)
PROJET DE CONSERVATION DU GAZ DE DUVERNAY
Agreement Type
Contribution
Agreement Value
$12,559,942.00
Amendment Number
0
Description
The objective is to support onshore upstream and midstream oil and gas sector to lower or eliminate routine venting of methane rich natural gas from conventional, tight and shale oil and gas operations.
Description (French)
L'objectif est d'aider les secteurs pétroliers et gaziers côtiers en amont et intermédiaires à réduire ou à éliminer la mise à l'air systématique du gaz naturel riche en méthane provenant de l'exploitation pétrolière et gazière classique ou utilisant des réservoirs étanches et des formations schisteuses.
Expected Results
This project aims to eliminate routine intentional venting of methane rich natural gas.
Expected Results (French)
Ce projet vise à éliminer la mise à l'air systématique intentionnelle du gaz naturel riche en méthane.
Foreign Currency Type
CAD
Foreign Currency Value
$0.00
Organization Code
nrcan-rncan
Organization
Natural Resources Canada | Ressources naturelles Canada
Program Name
The Emissions Reduction Fund
Program Name (French)
Fonds de réductions des émissions
Program Purpose
The purpose of the Emissions Reduction Fund is to help Canadian oil and gas companies invest in clean solutions to reduce methane and other greenhouse gas emissions.
Program Purpose (French)
Le but du Fonds de réduction des émissions est d'aider les sociétés canadiennes d'exploitation pétrolières et gazières à investir dans des solutions écologiques afin de réduire les émissions de méthane et d'autres gaz à effet de serre.
Recipient City
CALGARY | CALGARY
Recipient Country
CA
Recipient Legal Name
HALO EXPLORATION LTD.
Recipient Postal Code
T2R 1M6
Recipient Province or Territory
AB
Recipient Type
F
Reference Number
115-2022-2023-Q3-13125
