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Natural Gas Reference Price, Alberta

Description

This Alberta Official Statistic describes the Alberta Natural Gas Reference Price as an average Alberta gas plant price calculated using the purchase prices at the Alberta Market Hub on the... More ≫

Description

This Alberta Official Statistic describes the Alberta Natural Gas Reference Price as an average Alberta gas plant price calculated using the purchase prices at the Alberta Market Hub on the Natural Gas Exchange (NGX). This price is used in the calculation of royalties. The Natural Gas Reference Price has been the primary source of valuing Alberta Crown gas royalties since January 1994. In October 2002, the Gas Reference Price was replaced by In-Stream Component (ISC) Reference Prices as the primary method of valuing the Crown’s share of natural gas. The Gas Reference Price is still used to calculate the ISC Reference Prices and as a default royalty value.

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Oil and Gas Industry Investment (Annual), Alberta

Description

This Alberta Official Statistic describes investment (capital expenditures) in Alberta’s Oil and Gas Industry. Oil and Gas Industry data is obtained from Statistics Canada. Statistics Canada... More ≫

Description

This Alberta Official Statistic describes investment (capital expenditures) in Alberta’s Oil and Gas Industry. Oil and Gas Industry data is obtained from Statistics Canada. Statistics Canada reports this data under the North American Industry Classification System (NAICS) sub-sector 211 (Oil and Gas Extraction). The “Oil and Gas Extraction” sub-sector consists of “Conventional Oil and Gas Extraction” national industry (NAICS 211113) and “Non-Conventional Oil Extraction” (or oil sands) national industry (NAICS 211114).

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