Oil Sands Royalties and Ongoing Projects

Royalty Guidelines

The complete guidelines to the Oil Sands Royalty Regulation, available in PDF format for ease of viewing. Read more

Monthly Royalty Rates

Monthly royalty rates, including Pre-Payout Gross Revenue Royalty Percentage, Post-Payout Gross Revenue Royalty Percentage, Post-Payout Net Revenue Royalty Percentage and WTI prices. Available in PDF format. Read more

BVM Components

The information provided on this page is required to calculate bitumen value under the Bitumen Valuation Methodology (Ministerial) Regulation. Read more

Interest Rates

Interest payable to or from the Crown is based on the Alberta Treasury Branch’s prime lending rate plus one percent in effect on the first day of the month.  The interest rate table on this page identifies the interest rates in effect to be used as per section 45 of the Oil Sands Royalty Regulation, 2009 (A.R. 223/2008).

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Rates of Return

This page provides rates of return statistics, including Long Term Bond Rate and Non-Arm's Length Transactions for Non-Basic Pipelines. Read more

Payments

This page offers additional information to oil sands operators who intend to use the RapidTrans Deposit Slip for their royalty payments. Read more

Royalty Reporting

This page presents information about reporting requirements for oil sands royalties. Read more

OASIS Update

The Oil Sands Administrative and Strategic Information System is a new information system currently in development for the Department to manage its Oil Sands business.  This page provides the development updates and related information. Read more

Oil Sands Forums

Log in or sign up for access to the Royalty Forum. The Oil Sands Royalty Forum is an interactive website where oil sands lessees and the Oil Sands Operations Division of Alberta Energy communicate and consult regarding the development of royalty-related business rules under the Oil Sands Royalty Regulation, 2009. You must hold an oil sands agreement to obtain access to the forum. Read more

Innovative Energy Technologies Program

The Innovative Energy Technologies Program (IETP) is a major component of the Energy Innovation Strategy, which looks to meet the future energy needs of Alberta by investing in research, technology and innovation. The IETP is a program that offers royalty adjustments for Alberta Energy-approved projects using innovative strategies to maximize efficiency. Read more