Low Productivity Well Royalty Reduction Regulation (Alta Reg. 350/92). Country/Territory Canada Territorial subdivision Alberta Document type Regulation Date 1992 (2013) Source FAO, FAOLEX Subject Mineral resources Keyword Mining Royalties/fees Enforcement/compliance Geographical area Americas, Arctic, Asia and the Pacific, East Pacific, North America, North Atlantic Entry into force notes For the purpose of ensuring its revision, this Regulation expires on 30 June 2014. Abstract The present Regulation lays down provisions relating to the reduction of royalties for wells with a low productivity rate. A “low productivity well” is an oil well or oil sands well that does not produce more than 121 m3 of crude oil or oil sands. The Minister may, on application, determine the eligibility of a royalty deduction. The text consists of 10 sections. Full text English Website www.gov.ab.ca References - Legislation Implements Mines and Minerals Act (RSA 2000, c. M-17). Legislation | Canada | 1980 (2020) Keyword: Mining, Minerals, Coal, Oil, Exploration, Authorization/permit Source: FAO, FAOLEX