Oil Sands Acts and Regulations
The following acts and regulations are applicable to oil sands issues and are available from the
Alberta Queen's Printer web site.
Alberta's oil sands are the third-largest proven crude oil reserves in the world. For potential developers and producers that are new to the development of oil sands in Alberta, the
Introduction to Oil Sands Regulatory Processes outlines the regulatory processes that are involved to acquire an agreement from the Crown, start the development process and follow the agreement to the payment of crown royalties. An overview of the process is illustrated below.
Acts and Regulations
An overview of the process is illustrated below. An
Electronic Transfer System (ETS) account must be acquired to begin extracting Alberta's Crown oil sands, that is followed by purchasing an agreement, acquiring approval from the
Alberta Energy Regulator(AER), obtaining approval for a Project application from Alberta Energy (optional), and complying with reporting and royalty payment requirements as set by Alberta Energy. It is important to understand each step, illustrated below.