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flag Alberta reduced inactive oil wells by 5% in 2023, but cleanup costs still total $33.1 billion.

flag In 2023, Alberta saw a 5% decrease in inactive oil and gas wells to 79,000, with producers spending $769 million on cleanup, $73 million more than the previous year. flag Despite this progress, the total cleanup liability stood at $33.1 billion, highlighting ongoing efforts needed to address the backlog of old wells.

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