Tenure Facts

The highest bonus amount collected by the Department of Energy for petroleum and natural gas rights was $1.827 billion in 2005.

In 2006, $1.472 billion in bonus revenue was collected from the public offering of petroleum and natural gas rights. This is the second highest total amount ever collected in one year.
 
The most money paid for one parcel of petroleum and natural gas rights was $46 million on January 25, 2006.
 
The most money collected by the Department of Energy in one public offering of petroleum and natural gas rights was $475 million on December 14, 2005.
 
The Department of Energy collects freehold mineral tax on production derived from freehold oil and gas properties. In 2006, $327 million in tax was levied.
 
Albertans own the mineral rights for 53.7 million hectares of land. That's about 81 per cent of Alberta's total land area. The remaining 19 per cent are freehold mineral rights owned by private individuals and companies or minerals owned by the federal government (National Parks, Indian Reserves).
 
On a yearly basis, the Department of Energy holds an average of 24 land auctions and issues between 8,000 and 9,000 petroleum and natural gas agreements.