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Alberta Modernized Royalty Framework guidelines : principles and procedures. Version 2.x

Description

The Modernized Royalty Framework Guidelines provide an understanding of the general application and principles involved in assessing the Drilling and Completion Cost Allowance and Alberta's Crown... More ≫

Description

The Modernized Royalty Framework Guidelines provide an understanding of the general application and principles involved in assessing the Drilling and Completion Cost Allowance and Alberta's Crown royalty share of crude oil, gas, natural gas liquids and non-project crude bitumen wells produced from lands under a Crown lease.

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Alberta’s modernized royalty framework overview

Description

Alberta’s Modernized Royalty Framework partially emulates a revenue minus cost royalty structure across all hydrocarbons. The framework is consistent with global standards for the... More ≫

Description

Alberta’s Modernized Royalty Framework partially emulates a revenue minus cost royalty structure across all hydrocarbons. The framework is consistent with global standards for the pre-payout/post-payout models of risk and profit sharing, without introducing costly process burdens for the thousands of wells drilled every year.

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