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        Wednesday, May 16, 2012
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The Petroleum Technology Research Centre in Regina is leading an international research project in southeast Saskatchewan to study the effectiveness of permanently storing carbon dioxide (CO2) underground.

The Revenue Management and Billing project (RMBP), a part of the PRIME program, 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

The first phase of RMBP will be implemented when the Petroleum Registry goes live in Saskatchewan on April 2, 2012 (March 2012 production month). Industry will begin to see these changes with invoices issued in May 2012. Subsequent phases will take place in late 2012/early 2013.

For more information about the changes RMBP will bring, please see:

  • The information bulletins in the Related Documents section below
  • Appendices 9, 10 and 11 of the Registry Saskatchewan Inclusion Project (RSIP) Industry Readiness Handbook, available at: www.petroleumregistry.gov.ab.ca/PR89.asp

Have questions? Contact ER Support at SERSupport@gov.sk.ca or 1-855-219-9373.

Related Documents
Bulletin #1 - January 2012 - Coming Soon! Saskatchewan's Oil and Gas Royalty and Tax Reporting Changes

What the new billing applications will mean for industry

RMBP-Industry-Communication-Issue 1-Final January 2012.pdf  ( 156.5 KB )
Bulletin #2 - February 2012 - Saskatchewan's Oil and Gas Royalty and Tax Reporting Changes

How royalty and tax, provisional royalty and non-compliance fees will be calculated in the future

RMBP-Industry-Communication-Issue 2-Final February 2012.pdf  ( 149.3 KB )
Bulletin #3 - March 2012 - Saskatchewan's Oil and Gas Royalty and Tax Reporting Changes

What's stopping and what's changing starting with the March 2012 production month, as well as when payments will be due

RMBP-Industry-Communication-Issue 3-Final March 2012.pdf  ( 203.2 KB )
Bulletin #4 - April 2012 - Saskatchewan's Oil and Gas Royalty and Tax Reporting Changes

A complete overview of Saskatchewan's oil and gas royalty and tax reporting changes, including detailed information around royalty and tax, provisional royalty and non-compliance fees

RMBP-Industry-Communication-Issue 4-Final April 2012.pdf  ( 224.8 KB )
Related Links
PRIME

Reporting for oil and gas is changing in Saskatchewan. Read all about the province's Process Renewal and Infrastructure Management Enhancement (PRIME) program.

Reporting Directives

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.

The Petroleum Registry
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