General Royalty Questions

These questions represent the policy intent of the Government of Alberta. The questions are subject to change. Regulations prevail over the FAQ. These questions relate to the royalties that are in effect for wells spud up to and including December 31, 2016.

 

What is a well’s spud date?
When were changes effective?
What will happen to well event royalties that existed before 2011?
What impact did the change to the royalty rates have on oil sands wells?
Some volume caps are expressed in metres cubed oil equivalent. How are gas volumes converted to cubic metres of oil equivalent?
Some volume caps are expressed in metres cubed oil equivalent. How are condensate volumes converted to cubic metres of oil equivalent?
Some volume caps are expressed in metres cubed oil equivalent. How are natural gas liquids (NGL) volumes converted to cubic metres of oil equivalent?
Why are oil equivalent volumes specified in royalty programs meant mainly for gas well events?