What is the purpose of the Licensee Liability Rating (LLR) Program?
The purpose of the LLR Program is to minimize the risk to the Orphan Fund posed by unfunded well, facility, and pipeline abandonment and reclamation liability. The Orphan Fund pays for the abandonment and reclamation of wells, facilities, and pipelines included within the LLR Program if a licensee or working interest participant defaults on its obligations to abandon and reclaim or to pay the costs associated with those activities. The Orphan Fund is fully funded by the oil and gas industry through a levy administered by the ERCB.