Thanks to the recent uptick in oil prices, and B.C.’s dormant sites reclamation program, things are going well for Precision Well Services in Fort St. John.
“Business is looking up for 2021,” says Preston Reum, vice president of well servicing for PWS. “Producers are getting our rigs back out to work, and we’ve been fortunate to have a solid plan and process in place for COVID-19 that’s allowed us to keep our workers protected.”
Precision has operated in Fort St. John for more than 20 years, providing service rigs to the area’s oil and gas companies, while putting local people to work.
“One of our goals in the community is we’re always looking to employ local workers for our business, and to have the involvement of the indigenous communities. We could always use more local workers though,” said Reum.
The introduction of the Dormant Sites Reclamation Program, which started May 2020, has helped Precision in reaching this goal. With the second application process beginning in February, Precision is preparing to put its applications in.
The program is the result of the federal government giving B.C. $100 million, to go towards the clean-up of dormant and abandoned well sites.
“The idea is really to use that money to put local people back to work, that’s the biggest thing. Putting oilfield services, crews and individuals to work to feed their families, and to help the province clean up wells that are just sitting there and may be an environmental liability,” said Reum.
“It’s about being involved in the community, and working with everyone in the city and surrounding areas to employ people.”
Email reporter Dillon Giancola at firstname.lastname@example.org.