The Orphan Site Reclamation Fund (OSRF) is a levy on industry permit holders used to pay the cost of decommissioning and restoration of orphan sites. Under Part 4 of the Oil and Gas Activities Act, the Commission may designate a well, facility, pipeline and/or area affected by oil and gas activity as an orphan site if the operator is insolvent or cannot be located. Once designated, orphan site liability is recognized and a work plan is implemented with the objective of meeting regulatory closure.
The OSRF is managed by the Liability Management Branch, which is also responsible for the Liability Management Rating program.
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