Oil and Gas Conservation Act (Saskatchewan)
The purposes of this Act are:
"(a) to minimize waste and prevent wasteful operations;
(b) to regulate all operations for the production of oil and gas in such manner that the greatest possible ultimate recovery thereof by prudent and proper operations and practices may be realized;
(c) to allow each owner the opportunity of obtaining that owner’s share of the oil or gas from a pool;
(e) to develop, process, utilize, protect and conserve the oil and gas resources of Saskatchewan;
(f) to protect the environment, property and the safety of the public with respect to the operations of the oil and gas industry;
(g) to regulate the injection, storage and withdrawal of substances into or from subsurface formations;
(h) to regulate the injection of oil and gas waste and non-oil-and-gas substances into subsurface formations;
(i) to regulate the withdrawal of substances from a well for commercial, industrial or other uses, including increasing or improving oil or gas recovery or operations; and
(j) to regulate wells and facilities for non-renewable resource management purposes, including primary production of minerals other than oil and gas" (section 3).
Want to know more about this policy ? Learn more