Natural Gas Royalty Regulation, 2017 (Alta Reg 211/2016).

These Regulations are organised in 5 Parts and 7 Schedules. They apply to royalty on natural gas recovered, and gas products and field condensate obtained from, as well as to solution gas and products obtained from solution gas, under certain conditions and circumstances specified in the Regulations. Part 2 lays down provisions to calculate the Crown’s royalty share, and the royalty compensation. Part 3 concerns “opted in well” that means a well that has been approved as an early opted in well by the Minister; section 22 provides criteria for “eligible well” to be opted in by the Minister. Part 4 provides regulation for administration and enforcement. Schedules provide formula and guidance to calculate royalty and compensation for different types of natural gas.