This page provides basic information on royalties in the province of
Alberta. Read more The Current Month Par
Price provides the various prices for oil necessary to determine the royalty
volume payable to the Crown. Read more This report supplies the "S" basic royalty in cubic meters that is used
in the appropriate royalty formula based on the vintage and density of the well
(effective January 1, 1993). The report divides production volumes into ranges
of 500 and each range is further divided into sections of 20 pages. Read more The current Modernized Royalty
Framework came into effect January 1, 2017, this calculator offers a comparison
to the previous Adjusted Royalty Framework calculator. Read more The program offered a royalty adjustment incentive to specific pilot and
demonstration projects that use new or innovative technologies. Annual reports
indicate increases of environmentally sound recoveries and more responsible
development of new oil, natural gas and in situ bitumen reserves. Enhanced Oil Recovery (EOR) is a method to conserve the province's
petroleum resource, it uses fluid injection such as hydrocarbons, CO2,
nitrogen or chemicals allowing additional recovery. The Enhanced Oil Recovery Program (EORP) promotes this recovery, more information is under guidelines in this site. Read more | 