Royalty is a share of the product (royalty-in-kind) or profit reserved by the owner for permitting another to use the property. It is a percentage interest in the value of production from a lease that is retained and paid to the mineral rights owner.
Understanding Alberta's Royalty System
- Energy Economics - Understanding Royalty(revised December 2010) What are royalties? How are they calculated and collected?
- Oil and Gas Fiscal Regimes of the Western Canadian Provinces and Territories(June 2011) How does Alberta's oil and gas revenue compare?
- Heavy Oil Prices(January 14, 2013) What factors influence Alberta's oil prices? How do they affect Alberta's energy revenues?
Royalty Formulas, Charts, Tables and Curves
Effective since January 1, 2011
- General Royalty Framework
- Gas Curves
- Oil Curves
- New Well Royalty Rate
- Natural Gas Deep Drilling Program
- Drilling Royalty Credit
- Shale Gas
- Coalbed Methane
- Horizontal Oil
- Horizontal Gas
2009- 2011 Royalty Information is available in Alberta's Energy history.
News release Bitumen refinery agreement promotes value-added development (February 16, 2011)
Bitumen Royalty-In-Kind (BRIK) agreements, schedules and more information.