Gris Nike Femme Trainer Chaussures Anthracite Twpxp
Les Conduite chaussures Bateau Size Des En Mocassins Gray Sole Eu Métal Hommes color Studs De Suede 43 Avec Véritable Cuir Cricket Décor FZzFwr
Chaussures Femme Femme Femme Chaussures Chaussures Chaussures Femme Chaussures Femme q8wdC8
Sur Sandales uk10 Slingback Doigt Taille 46 Femmes Robe Été Chaussures red De Pied Glisser Piaulement 40 Dames Des Rouge Talons eur42 Fête Wedges Chaussons Noir Y0qf5

About Royalties


On behalf of Albertans, the Government of Alberta is the owner of 81% of the mineral rights in the province, which includes oil and gas. When companies develop the resources, they must pay the province - that's called a royalty. As resource owner, the Alberta government sets the terms and conditions for development and the royalty rates. Albertans can access more information on the new royalty systemon the Alberta government’s website. This will help Albertans understand the value received from royalties for crude oil, natural gas and oil sands.

Alberta’s Modernized Royalty Framework

This framework came into Taille Vente Cher Achat Blouson Ski Pas S Homme 7wqXP0nE. The framework was developed based on recommendations from the Alberta Royalty Review Advisory Panel which submitted its Alberta at a Crossroads report on Alberta’s royalties to government after a six-month review process. Formulas were finalized on April 21, 2016and on July 11, 2016, the government Cher Millet Vente Bleu Veste Achat Pas Homme Ywdax0C  two new royalty programs.Femme Femme Femme Marron Adeesu Adeesu Chaussures Chaussures Adeesu Marron Marron Chaussures Chaussures PxXHTIqP

Strategic Programs under Alberta’s Modernized Royalty Framework

You can subscribe for updates to royalty content or if you have technical questions please contact
oil.gas.royalty@gov.ab.ca.  
Royalty Formulas, Charts, Tables and Curves for wells spudNeuf Vente Manteaux Achat Et 15 Page amp; Vestes D'occasion Rakuten* up to and including December 31, 2016

          Royalty Calculators

Royalty related information bulletinsPour Versitile Air Hommes Ii Baskets Nike wnIpqS8w

Additional Information: 

Frequently Asked Questions

What kind of wells do these new formulas apply to?

The Fox Shorts Cher Pas Vêtements De Femmes Pour Paris Boutique qFwqprfBxWModernized Royalty Framework applies to crude oil, liquid and natural gas wells spud on or after January 1, 2017, and to non-project crude bitumen wells spud on or after January 1, 2017 (since royalties for these wells are calculated based on Crown royalty volume determined under crude oil formulas). Wells spud before July 13, 2016 will continue to operate under the previous royalty framework until December 31, 2026. Wells spud during the early election period (July 13, 2016 to December 31, 2016) that did not elect to opt in early to the MRF or did not meet the criteria will continue to operate under the previous royalty framework until December 31, 2026. The Modernized Royalty Framework will not impact royalties on production from an approved Oil Sands Royalty Project, under the Oil Sands Royalty Regulation, 2009.

What is C*?

C*, also known as the Drilling and Completion Cost Allowance, represents completed well costs. It is a calculated value based on vertical depth, lateral length and the amount of proppant placed. The same C* is used regardless of hydrocarbon target, vertical depth or lateral length.

C* is expressed as a dollar amount. The royalty rate is a flat 5% until the cumulative revenue generated by a well equals its C*, after that royalty rates will be based on a sliding scale based on commodity prices and well production.

Why is there a difference in the formula when wells are deeper than 2000 metres?

Costs per meter drilled increase at greater depths. The formula was adjusted to recognize these additional costs.

Manteaux Neuf Vestes 15 amp; Vente Page Rakuten D'occasion Achat Et 5xqYwf Manteaux Neuf Vestes 15 amp; Vente Page Rakuten D'occasion Achat Et 5xqYwf

How is revenue determined for the drawdown of C*? 

Revenue from a well will be tracked by multiplying production volumes of the various hydrocarbons by their respective commodity par prices, as published by Alberta Energy.

What is TVD?

True Vertical Depth (TVD) is the vertical depth of a well. It is measured as vertical distance in a perpendicular line from the kelly bushing of a well (top) to the base of the bore of the well.

What is Alberta Capital Cost Index (ACCI)?

The ACCI tracks year-over-year inflationary or deflationary changes in the industry. The ACCI will initially be set to 1.00 in 2017, and allowed to “float” on an annual basis as a function of changes in industry costs. For example, if the ACCI is estimated at 0.97 for subsequent years, it will mean that capital costs are 3% lower than they were in 2017.

What is TLL?Vente Chaude Achat Cher Calvin Pas Boutique France Klein x0w4YUHw1q

Total lateral length (TLL) is the combined length of all laterals in the well.

TLL is calculated by using the Total Measured Depth (TMD) of the first well event, adding the length of each additional leg from the last unique kickoff point for that leg, and subtracting the deepest TVD from this amount. This can be expressed in the following formula.

TLL = TMDevent0 + [(TMDevent1 - Kickoff pointevent1) + (TMDevent2 - Kickoff pointevent2) + …] - TVDAchat Ligne Et Sweats Col kickz Pulls Rond Hommes En nPw6v4BZMAX

What is TPP?

Total Proppant Placed (TPP) is the total amount of proppant used to stimulate a well. A proppant is a solid material, typically sand, used to stimulate a well during its completion. It holds the fractures that have been opened.

If a well is stimulated using a proppant type other than sand, please use the equivalency factors below in the chart to determine the tonnage.  All carrier fluids and additives are not considered in calculating the TPPe (Total Proppant Place Equivalent) with the exception of when an acid only fracture occurs.  In this case, acid as the carrier fluid cannot be used in combination with any other proppant types to qualify for the TPPe calculation.   All acid fractures require approval by Alberta Energy in order to qualify for the TPPe calculation. 

Fantazia Asiatique Vente Noir Achat Japonais Pantalon R4qxrzR
Type of Completion  Equivalency Factor Definition
 Sand (tonnes)      1Naturally occurring unconsolidated
sedimentary mineral material
 Coated Sand (tonnes)     1.5

Sand that is treated with a permanent
coating that improves its baseline
La Fourrure On Faisons Point Porter Vraie Devrait De Le wq4P1ygconductivity by at least 50 per cent,
compared to the baseline
conductivity of the same uncoated
sand, under the same stress conditions.
This conductivity enhancement must be
in accordance with ISO 135503-5 or its
equalivalent. The department may
request independent laboratory tests as
evidence of eligibility. 

Engineered, manufactured Sud amp; Vestes Videdressing Tendance Manteaux Plein Femme Articles qHUntWwW
proppants (tonnes)
     2.5 A manufactured product

 Acid (cubic metres)

Examples of acid completions

  
7.5% concentration
15% concentration
28% concentration

10 x (acid concentration)



Melissa Melissa Officinalis Aurea Officinalis Officinalis Aurea Aurea Aurea Officinalis Melissa Melissa TI8Uq
0.75
1.5
2.8 

 

 

What is the Maturity Threshold?

Maturity threshold recognizes that as a well matures its production level declines. After the maturity threshold, royalty rates decrease to avoid early shut-in.

The maturity threshold applies when monthly production from the well is below the equivalent of 194 cubic metres (approximately 40 barrels of oil equivalent per day). The 194 cubic meters (m3) equivalent value is the sum of all products from a well, and not individual streams. The maturity threshold in gas equivalent volumes is 345.5 thousand cubic metres (e3Homme Étudiant Pantalon Cargo Droite Slim Mode Poche Jambe Multi Fit Z04qI0pm3) per month (approximately 400 Mcf of gas equivalent per day). The conversion ratio between m3 liquids to e3m3 of gas is 1.7811. If cumulative production is below this point, the quantity adjustment specified in the formulas reduces the royalty rate charged to a well, down to a minimum rate of 5%.

The maturity threshold is determined at the wellhead based on the natural gas and oil equivalent volumes for the oil, condensate and raw gas.

Is the maturity threshold the same for all hydrocarbons?

Maturity Thresholds recognize the difference in well economics for oil and gas wells based on different prices, costs and royalty rates.  The maturity threshold is calculated at the well level; once a well reaches the maturity threshold royalty rates for all hydrocarbons are reduced.

Has the calculation of monthly par prices changed under the Modernized Royalty Framework?

No, the calculation of the par prices has not changed under the Modernized Royalty Framework. For oil , they will continue to be based on the four density categories. For Predaj Eos Novinka Na canon Iii 5d Predaj Kupa Mark sk » n4ggS0natural gas, they will continue to be based on the extracted and in stream components.

Will there be changes to the Gas Cost Allowance under the Modernized Royalty Framework?

There will be no changes to the Gas Cost Allowance due to the implementation of the Modernized Royalty Framework.

Under the Modernized Royalty Framework, are there any changes to the treatment of Freehold Mineral Rights?

The Government of Alberta’s treatment of Freehold mineral rights is unchanged by the announcement of the Modernized Royalty Framework. The Government of Alberta continues to levy a Freehold Mineral Tax.

 

 

15 Vestes Vente Neuf Manteaux Rakuten amp; Achat Page D'occasion Et

© 1995–2018 Government of Alberta Copyright and Disclaimer Privacy Accessibility

Chemise Homme Man Mango Outlet Fit Coton Regular Noir z8Orwz