Alberta Royalty Framework Oil Calculator (effective Jan. 1, 2011)

This Calculator was developed to assist industry with the Adjusted Alberta Royalty Framework formula changes.

Please note if you have previously used this calculator, code stored in your cache may return inconsistent results, to prevent this please clear your cache in return visits. 
If you have not used this calculator before you will not need to take this step. Future development will move this application to our server side to eliminate this issue.
 Disclaimer

Press Tab to move through the entry fields. Clear this form for a new well entry.

1. Enter Par Price Required $
2. Enter Well Quantity Required (no commas) m3
3. Crown % Required %
4. Enter Well ID (Optional - for printing purposes)
5. Enter Well Event Density (Optional - for printing purposes)

Part 1 - Royalty Price Component (rp)
a. Par Price ≤ $250 $
((Par Price - $190.00) * 0.0006) * 100 rp = %
b. Par Price > $250 but = $400 $
(((Par Price - $250.00) * 0.0010) + 0.0360) * 100 rp = %
c. Par Price > $400 but = $535 $
(((Par Price - $400.00) * 0.0005) + 0.1860) * 100 rp = %
d. Par Price > $535 $
(((Par Price - $535.00) * 0.0003) + 0.2535) * 100 rp = %
Part 2 - Royalty Quantity Component (rq)
a. Quantity ≤106.4 m3 m3
((Quantity - 106.4 m3 ) * 0.0026) * 100 rq = %
b. Quantity > 106.4 m3 but = 197.6 m3 m3
((Quantity - 106.4 m3 ) * 0.0010) * 100 rq = %
c. Quantity > 197.6 m3 but = 304.0 m3 m3
(((Quantity - 197.6 m3 ) * 0.0007) + 0.0912) * 100 rq = %
d. Quantity > 304.0 m3 m3
(((Quantity - 304.0 m3 ) * 0.0003) + 0.1657) * 100 rq = %
Part 3 - Royalty Rate ( rp + rq)
Price Component (rp) Max 35% %
+ Quantity Component (rq) Max 30% %
= Royalty Rate Min 0% & Max 40% %
Part 4 - Royalty Payable
Quantity m3
x Royalty Rate %
= Subtotal m3
x Crown %
= Royalty Payable m3
Rounded to one decimal m3