Oil sands royalties

Learn about oil sands royalty guidelines, reporting, rates of return and interest rates.

Services and information

These guidelines describe statutes and regulations, and communicate legislative policy governing oil sands royalties.

Here is information on monthly royalty rates, including some pre- and post-payout and West Texas Intermediate (WTI) prices.

This information can be used to calculate the bitumen value under the Bitumen Valuation Methodology (Ministerial) Regulation.

Interest payable to or from the Crown is based on the Alberta Treasury Branch’s prime lending rate plus 1% on the first day of the month.

This page provides rate-of-return statistics, including the long-term bond rate and non-arm’s length (NAL) transactions for non-basic pipelines.

This page offers information on remitting oil sands Crown royal payments and on account credit transfers.

This page offers reporting resources for operators and helpful hints by topic.

Department generated reports and the submission processing schedule are described to help operators manage the royalty reporting cycle.

Introduction

The oil sands royalty information in this section is intended for a technical audience.

The Oil Sands Reporting Calendar (PDF, 127 KB) provides the dates for royalty and supplemental report filing deadlines and the dates for key publications, such as royalty rates, interest rates, BVM components, and department generated royalty information reports.

Find out more about oil sands royalty guidelines.

Contact

Connect with Oil Sands Operations:

Hours: 8:15 am to 4:30 pm (open Monday to Friday, closed statutory holidays)

Email:
Oil Sands Royalty Project Applications and Compliance osrapplications.energy@gov.ab.ca
Oil Sands Royalty Administration osreport@gov.ab.ca
Oil Sands Royalty Information Management osrim@gov.ab.ca
Oil Sands Tenure ostenure@gov.ab.ca

Mailing Address:
Alberta Energy
Oil Sands Operations
6th floor, Petroleum Plaza, North Tower
9945 108 Street
Edmonton Alberta  T5K 2G6