On behalf of Albertans, the Government of Alberta is the owner of 81% of the mineral rights in the province, which includes oil and gas. When companies develop the resources, they must pay the province - that's called a royalty. As resource owner, the Alberta government sets the terms and conditions for development and the royalty rates. Albertans can access more information on the new royalty systemon the Alberta government’s website. This will help Albertans understand the value received from royalties for crude oil, natural gas and oil sands.
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This framework came into effect January 1, 2017. The framework was developed based on recommendations from the Alberta Royalty Review Advisory Panel which submitted its Alberta at a Crossroads report on Alberta’s royalties to government after a six-month review process. Formulas were finalized on April 21, 2016and on July 11, 2016, the government announcedManches Vertes Col Atlanta Femme Courtes En V À Vestes Diffusion rdCBtQhxs two new royalty programs.
Strategic Programs under Alberta’s Modernized Royalty Framework
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Frequently Asked Questions
What kind of wells do these new formulas apply to?
Why is there a difference in the formula when wells are deeper than 2000 metres?
How is revenue determined for the drawdown of C*?
What is TVD?
What is Alberta Capital Cost Index (ACCI)?
What is TLL?Manteaux Fontana Fontana Manteaux Femme Manteaux Femme Fontana Manteaux Manteaux Femme Manteaux Femme Fontana Femme Fontana VqSzMpU
What is TPP?Manteaux Fontana Fontana Manteaux Femme Manteaux Femme Fontana Manteaux Manteaux Femme Manteaux Femme Fontana Femme Fontana VqSzMpU
What is the Maturity Threshold?
Is the maturity threshold the same for all hydrocarbons?
Has the calculation of monthly par prices changed under the Modernized Royalty Framework?
Will there be changes to the Gas Cost Allowance under the Modernized Royalty Framework?
Under the Modernized Royalty Framework, are there any changes to the treatment of Freehold Mineral Rights?
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