Alberta's New Royalty Framework
On October 25th, Premier Ed Stelmach announced Alberta's New Royalty Framework
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Technical Information for webcast
Formulas and Charts of Royalty Rates and Curves
Table of Oil Sands Royalty Rates - Alberta's New Royalty Framework - Charts
- Formulas for calculating conventional oil royalties
- Formulas for calculating natural gas royalties
- Table of conventional oil rates
- Chart of Natural Gas Combined Royalty Rates
A team led by Alberta Energy will consult with industry participants on implementation details for Alberta’s new royalty framework.
The team will be in place on November 15th and consultation will begin shortly thereafter through CAPP and SEPAC.
If you have questions regarding implementation details, please e-mail us at Response.Energy@gov.ab.ca, and we will ensure that your questions are addressed as part of the implementation discussions.
Please indicate Implementation Question in the subject line of the e-mail.
Announcement
Premier Stelmach announced "Alberta's New Royalty Framework"
- Premier Stelmach delivers historic New Royalty Regime for Alberta (October 25, 2007) News Release
- Alberta's New Royalty Framework
Questions and answers about the New Royalty Framework
If you have questions or comments regarding the framework visit us online or call 310-4455.
Royalty Information Series
The Government of Alberta tasked an independent, expert Royalty Review Panel to examine the province's energy royalties and tax regime. The panel was asked to focus on all aspects of the royalty system, including oil sands, conventional oil and gas, and coalbed methane. Their report was released on September 18th.
The Department of Energy has developed the following information sheets to provide background to Albertans interested in the review process.
Department of Energy Technical Reports
Alberta Energy has also prepared or commissioned a number of technical reports describing various aspects of Alberta's royalty systems.
- Alberta’s Oil Sands Fiscal System - Historical Context and System Performance
- Appendix "A": Markets and Pricing for Alberta Bitumen Production
- Preliminary Fiscal Evaluation of Alberta Oil Sands Terms, by Pedro van Meurs
- Comparative Analysis of Fiscal Terms for Alberta Oils Sands and International Heavy and Conventional Oils, Consulting by Pedro van Meurs, May 17, 2007
- Fiscal Options for Alberta Oil Sands, Consulting by Pedro van Meurs, May 30, 2007
- Proposed Fiscal Options, Consulting by Pedro van Meurs
- Alberta’s Conventional Oil and Gas Fiscal System, Overview of the Industry
- Alberta’s Conventional Oil and Gas Fiscal System, Investor Economics and Fiscal System Comparison
- Alberta’s Conventional Oil and Gas Fiscal System, Impact of Potential Royalty Change on Industry Activity
- Review of Conventional Oil and Gas Terms of Alberta, Consulting by Pedro van Meurs, July 29, 2007
- Final Report of the Royalty Review Panel, Our Fair Share
Alberta Royalty Review Panel
