Oil Sands Royalty Reporting

Sections 38 and 39 of the Oil Sands Royalty Regulation, 2009, set out the parameters for the reporting required of projects approved under the Regulation. The type of report required is dependent upon the project's status as either pre-payout or post-payout, as well as for the time being reported. Failure to provide the Department with any of the reports by the required due date will result in penalties being levied, in addition to interest being assessed if a corresponding payment is also late.

Pertinent Information Letters and Bulletins: IL 2007-06 IB 2007-01.

Reporting Information

Payments - How to Use the RapidTrans Deposit Form
This form can be used by royalty payers who are making cash payments to Alberta Finance for their oil sands royalty submissions.

Forms - Royalty Reporting
Access to the Royalty Project Application and Royalty Reporting Forms (Schedules) for both projects and non-projects.

Finding the Long Term Bond Rate (LTBR) - Rates of Return
This table should be used when submitting the Return Allowance calculation on the End of Period reporting form. It provides access to the monthly listing of Long Term Bond Rates (simple average), the Non-Arm's Length Transaction Non-Basic Pipeline Rate of Return on Capital (RORC), and the Deemed Corporate Income Tax percentages.

Crude Bitumen Prices
Information and links regarding pricing for crude bitumen.

Payments - Pre-Authorized Debit Royalty Payments (How to Apply)
This letter identifies what is required for a pre-authorization payment. The application form is contained within the letter.

Copying the LTBR into the Return Allowance Form
This tip sheet provides information on how the LTBR can be copied from the tables provided directly into the Return Allowance calculation on the End of Period reporting form.

Audits: We will audit all reports and interest and penalties may apply.