Enhanced Oil Recovery Royalty Regulation (Alta. Reg. 156/2014).
Country
Type of law
Regulation
Abstract
The present Regulation is made under the Mines and Minerals Act. For the purpose of the present Regulations “enhanced oil recovery scheme” means a scheme to obtain crude oil from a pool: i) that is implemented or proposed to be implemented pursuant to a requirement under section 38(a) of the Oil and Gas Conservation Act or an approval under section 39(1)(a) of the Oil and Gas Conservation Act, and ii) that uses the injection of hydrocarbons, carbon dioxide, nitrogen, chemicals or other material approved by the Minister as a technique for enhanced oil recovery.
The Alberta Government is encouraging the use of such enhanced oil recovery (EOR) methods to optimize the Province's petroleum resources. Enhanced oil recovery methods that use the injection of fluids such as hydrocarbons, carbon dioxide, nitrogen, chemicals or other approved substances allow for the recovery of additional oil. To promote this additional recovery, the Crown has introduced the above-mentioned "Enhanced Oil Recovery Programme" (“EORP”) governed by the present Regulations. The text consists of 18 sections and 2 Schedules.
The Alberta Government is encouraging the use of such enhanced oil recovery (EOR) methods to optimize the Province's petroleum resources. Enhanced oil recovery methods that use the injection of fluids such as hydrocarbons, carbon dioxide, nitrogen, chemicals or other approved substances allow for the recovery of additional oil. To promote this additional recovery, the Crown has introduced the above-mentioned "Enhanced Oil Recovery Programme" (“EORP”) governed by the present Regulations. The text consists of 18 sections and 2 Schedules.
Attached files
Web site
Date of text
Entry into force notes
The present Regulation expires on 31 December 2018.
Repealed
No
Source language
English
Legislation Amendment
No