Low Productivity Well Royalty Reduction
No fixed amount
Royalty
Description:
This reduction is applied to low production well events that are not eligible for the marginal or ultramarginal royalty reduction.
Comments on Funding:
If the well event qualifies, we automatically use a lower royalty rate when we calculate your royalty invoice.
Continous intake
Eligibility:
Applicants must have gas well events that on average produce less than 5,000 cubic metres of natural gas per day in a calendar month and meet additional requirements. This program is only available to wells spudded before September 1, 2022.
Application Steps:
Applicants must contact: Pricing
Toll Free: 778-698-7100
Email: PData.PData@gov.bc.ca
Tenure
Phone: 250-952-0333
Email: PNGTitles@gov.bc.ca
Infrastructure
Phone: 778-698-7100
Email: MNGDInfrastructure@gov.bc.ca
Documentation Needed:
No specific documentation has been identified.
Other Things to Note:
About the author
Maurice
