Central Alberta: 2005 study suggests oil and sour gas facilities located within 4 km of rural residential properties significantly affect their sale price.

I have a paper copy of the complete study.

Time permitting winter 2023, I’ll scan and upload it to my website, and add a link to it below.

The impact of oil and natural gas facilities on rural residential property values: a spatial hedonic analysis by Peter C Boxall U of Alberta), Wing H Chang (Wilfrid Laurier U) and Melville L. McMillan ( U of Alberta), Resource and Energy Economics Volume 27, Issue 3, October 2005, Pages 248-269

Keywords: sour gas; hedonic prices; property value impacts

https://doi.org/10.1016/j.reseneeco.2004.11.003

Abstract

This paper examines the impact of oil and gas facilities on rural residential property values using data from Central Alberta, Canada. The influences are evaluated using two groups of variables characterizing hazard effects and amenity effects. A spatial error model was employed to capture the spatial dependence between neighbouring properties. The results show that property values are negatively correlated with the number of sour gas wells and flaring oil batteries within 4 km of the property. Indices reflecting health hazards associated with potential rates of H2S release (based on information from Emergency Response Plans and Zones) also have a significant negative association with property prices. The findings suggest that oil and sour gas facilities located within 4 km of rural residential properties significantly affect their sale price.

Refer also to:

What happens when all or most oil and gas wells globally have soured, thanks to frac’ing and enhanced oil recovery?

2019: In Norfolk, leaking abandoned industry *sour* gas wells forces exclusion zone for vehicles, vessels, and evacuation of 22 homes. In nearby Town of Jarvis (population 2,300), unusually high methane readings, firefighters test gas levels at every home. Compare to grossly negligent, “No Duty of Care,” Charter-violating, lying, spying, heinous AER covering-up industry’s deadly gas leaks.

2017: New Study: Sulfide-producing bacteria dominate hydraulically fractured shale oil & gas wells. “An estimated 70% of waterflooded reservoirs world-wide have soured.”

2016: Meet “Candidatus Frackibacter,” New type of bacteria found flourishing inside hydraulic fracturing wells

2015: SPECIAL REPORT: Sour gas from oil wells a deadly problem in southeast Saskatchewan, Human and animal deaths linked to hydrogen sulphide emissions