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        Wednesday, May 16, 2012
Saskatchewan! Building an innovative, thriving and sustainable economy.
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Did You Know?

Potash companies are planning to spend approximately $13 billion on expansions to their existing mines by 2020. A number of companies new to the Saskatchewan potash industry are considering developing greenflield potash mines.

Petroleum Registry is LIVE!

The Petroleum Registry is now up and running for Saskatchewan data!

The Petroleum Registry is an online tool industry will use to report specific volumetric, infrastructure, valuation and royalty-related information to the ministry and to their industry partners starting with March 2012 production. 

Directives outlining the steps industry needs to take to meet their ministry reporting obligations using the registry can be found by clicking here.

For registry information and access, go to the Petroleum Registry’s website at: http://www.petroleumregistry.gov.ab.ca.

Thank you to all of our oil and gas clients for efforts directed at preparing their operations for registry implementation.


About PRIME

PRIME is Energy and Resources' (ER) Process Renewal and Infrastructure Management Enhancement (PRIME) program. This multi-million dollar, multi-year, multi-project initiative will renew and modernize ER's oil and gas business processes and computer systems.

At a high level, PRIME will:

  • Renew ER's oil and gas business processes and information systems to better meet the needs of industry stakeholders and the ministry; and
  • Develop an integrated information system to support the ministry's new business processes that will provide web-based self-service functionality to industry.

PRIME will modernize the ministry's business processes and systems related to:

  • Well and facility infrastructure, as well as oil and gas volumetric and valuation reporting.
  • Oil and gas royalty and tax information and billing.
  • Pipeline and flow line infrastructure.
  • Reservoir management.
  • Petroleum tenure and subsurface management.

The government's oil and gas legislation and regulations are being modernized to support the new business processes being introduced by PRIME.


Revenue Management and Billing Project (RMBP)

RMBP is implementing new billing applications to calculate and invoice:

  • Royalties and Taxes on oil and gas production
  • Provisional Royalties on oil imbalances and gas metering differences associated with facility level reporting
  • Non-Compliance Fees based on missing data and errors in Registry reporting

Click here to find out more about RMBP.

Related Links

As of April 2, 2012, Saskatchewan has implemented the Petroleum Registry for industry to report specific volumetric, infrastructure, valuation and royalty-related information to Energy and Resources. The following directives outline the steps industry needs to take to meet their reporting obligations using the Registry starting with the March 2012 production month.

Click here to see the acts and regulations that provide the legislated mandate for the responsible development of he province's oil and gas resources.

UWI and facility converted information, in addition to daily cross-reference files.



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