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"Natural Gas Royalty Regulation, 2017 "

Natural Gas Royalty Regulation, 2017

This regulation is made under the Mines and Minerals Act and applies to royalty on natural gas, natural gas products, field condensate and solution gas obtained from a new well or other qualified wells on or after January 1, 2017, and on or after July 13, 2016 if the well has been approved as an opted in well. The regulation will also apply to all natural gas, natural gas products, field condensate, and solution gas production on or after January 1, 2027. The regulation specifies the calculation of the Crown royalty share of natural gas, natural gas products and solution gas production from lands subject to a Crown lease agreement.
    Chapter/Regulation: 211/2016
    Status: Office Consolidation
    Related Act
    Ministry Responsible: Energy
    Current to 52/2019
    Item/ISBN#: 9780779810673
    Regulation-Making Authority: Order In Council
    Pages 84
    View PDFView PDF
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