The Petroleum Services Association of Canada (PSAC) proudly represents Canadian oilfield services companies and their employees living across Canada and in the communities where oil and gas extraction activities take place every day. Our membership includes all of the hydraulic fracturing companies operating in Canada, and their thousands of employees, who are easily ranked among the world’s best for safely providing hydraulic fracturing services, while operating in one of the most stringently regulated environments in the world. These Canadian companies spend millions of dollars on research and development in pursuit of ever more advanced processes and making improvements wherever they can to use less water, advance sustainability practices and enhance public, worker and environmental safety.
PSAC recently met with Alberta’s Energy Minister Margaret McCuaig-Boyd and her chief of staff, where we were pleased to be able to share PSAC’s role in representing the hydraulic fracturing companies that operate in Alberta. We look forward to working with her ministry to help raise awareness of the highly specialized and technical aspects of the process, and to show how risks are identified, managed and mitigated to ensure the highest protection for the public, workers and the environment.
Our member companies voluntarily operate by a Hydraulic Fracturing Code of Conduct developed from Best-in-Class operating practices, and from the many consultations PSAC held with communities across the province in areas where hydraulic fracturing takes place. These community consultations were a significant influence on the development of the Code and were based on open, honest and frank conversations with concerned citizens, synergy groups, First Nations, landowners and farmers across western Canada. People shaped the code by which we operate.
Over 215,000 wells have been hydraulically fractured in Canada, with the first wells in Alberta, dating back to 1953, that were successfully stimulated and are still producing today. There have been no significant or harmful effects to residents or the environment reported during the last 60 plus years of production from any of those very first wells drilled to the thousands of wells drilled since.
Hydraulic fracturing is not a new process, what is new is the high level of sophistication involved in the process that makes it safe, well-controlled and instrumental in economically accessing Alberta’s resources, and which in turn supports thousands of Alberta based jobs beyond the oil and gas industry, a high quality of life for citizens and a significant tax and royalty revenue for government to better pursue its mandate of ensuring more jobs, better education and improved health care now and for the generations to follow.
Mark Salkeld, MBA
President and CEO
Petroleum Services Association of Canada