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Natural Gas Royalty Regulation, 2017 (Alta Reg 211/2016).

Country/Territory
Canada
Territorial subdivision
Alberta
Document type
Regulation
Date
2016 (2020)
Source
FAO, FAOLEX
Subject
Mineral resources
Keyword
Mining Enforcement/compliance Royalties/fees Exploration Business/industry/corporations Authorization/permit Oil
Geographical area
Americas, Arctic, Asia and the Pacific, East Pacific, North America, North Atlantic
Abstract

These Regulations are organised in 5 Parts and 7 Schedules. They apply to royalty on natural gas recovered, and gas products and field condensate obtained from, as well as to solution gas and products obtained from solution gas, under certain conditions and circumstances specified in the Regulations. Part 2 lays down provisions to calculate the Crown’s royalty share, and the royalty compensation. Part 3 concerns “opted in well” that means a well that has been approved as an early opted in well by the Minister; section 22 provides criteria for “eligible well” to be opted in by the Minister. Part 4 provides regulation for administration and enforcement. Schedules provide formula and guidance to calculate royalty and compensation for different types of natural gas.

Full text
English
Website
www.alberta.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

Amends

Natural Gas Royalty Regulation, 2009 (Alta. Reg. 221/2008).

Legislation | Canada | 2008 (2020)

Keyword: Oil, Mining, Authorization/permit, Royalties/fees, Enforcement/compliance, Exploration

Source: FAO, FAOLEX