GAS ROYALTY CALCULATION INFORMATION BULLETIN July 2002
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ENERGY Petroleum Plaza – North Tower 9945 – 108 Street Edmonton, Alberta Canada T5K 2G6 02-07 GAS ROYALTY CALCULATION INFORMATION BULLETIN July 2002 A. PRICING RATES AND TRANSPORTATION INFORMATION Pricing, Royalty Rates and Transportation Information – May 2002................................................... 2 B. NOTICES Royalty Payers Only............................................................................................................................ 2 Alberta Natural Gas and Natural Gas Liquids Royalty (NGL) Framework Change ............................ 4 Late Filing Penalty Changes ............................................................................................................... 9 RMF3 Calculation and Examples........................................................................................................ 9 C. MONTHLY INFORMATION May 2002 Royalty Due August 31..................................................................................................... 11 June 2002 OAS and VA4 Due August 15 ........................................................................................ 11 Interest Rate July 2002 ..................................................................................................................... 12 April Provisional Assessment Charge ............................................................................................... 12 April Penalty Charges........................................................................................................................ 12 Alberta Royalty Tax Credit Program Quarterly Rate ......................................................................... 12 D. INFRASTRUCTURE DATA CHANGES Client ID Listing ................................................................................................................................. 13 Projects/Blocks.................................................................................................................................. 13 Struck Clients .................................................................................................................................... 13 Operator Changes............................................................................................................................. 13 New EUB Plants................................................................................................................................ 13 Nova Tolls – Multiple Gas Reference Prices..................................................................................... 14 E. REMINDERS Royalty Payers Only.......................................................................................................................... 14 Royalty Deposit Adjustment .............................................................................................................. 15 How to Use the Petroleum Registry: for “Royalty Payers Only”....................................................... 15 Implementation of the Petroleum Registry of Alberta ....................................................................... 16 F. PRINCIPLES AND PROCEDURES Updates ............................................................................................................................................. 16 G. POINTS OF CONTACT Department of Energy Hotline & Internet .......................................................................................... 16 Gas Royalty Calculation .................................................................................................................... 17 Calgary Information Centre .............................................................................................................. 17 Alberta Royalty Tax Credit Information ............................................................................................ 17 PLEASE ENSURE YOUR PRODUCTION ACCOUNTANTS RECEIVE A COPY OF THIS DOCUMENT. Internet Address: www.energy.gov.ab.ca INFORMATION BULLETIN – July 2002 A. PRICING RATES AND TRANSPORTATION INFORMATION For Pricing, Royalty Rates and Transportation Information for May 2002, refer to Attachments 1, 2, 2A, and 3. B. NOTICES Royalty Payers Only (Companies and individuals that are not operators of facilities, but do currently receive information from industry partners, or invoices, statements and other correspondence from the Department of Energy (DOE) have been deemed “Royalty Payers Only” by the Petroleum Registry of Alberta) 7-Digit to 4-Character Code Conversion Complete Cross Reference Table (new 4-character codes which replaces existing 7-digit codes) Now Available! Due to implementation of the Petroleum Registry of Alberta in October 2002, the Ministry of Energy is enacting a process to create a standard 4-character reporting code for all companies/individuals. Currently, any royalty payer who sends or receives information from the Department of Energy (DOE) with a 7-digit Royalty Client Code will be issued a new 4- character Business Associate (BA) identifier. The complete table of all converted 7-digit client IDs to the new standardized 4-character ID is now available at: • The Petroleum Registry web site: www.petroleumregistry.gov.ab.ca • The Department of Energy web site: www.energy.gov.ab.ca • Attachment 13 Prior to October 2002, either the 7-digit or 4-character code can be used in making submissions to the DOE. However, royalty payers should realize that the DOE’s output documentation from these submissions will only display the new 4-character BA identifier for that royalty client. The DOE will accept the new 4-character identifier after August 1, 2002 for those clients who wish to make changes to their systems before Registry implementation. Applying for a New Code After the Registry is up and running, companies and/or individuals will be able to use the system to request a 4-character BA identifier. An application form can be submitted via the Registry, with a hard copy letter (with signature) requesting the new identifier be sent to the DOE’s Client Registry group. Royalty clients without access to the Registry can submit a written request for a 4-character BA identifier to the DOE’s Client Registry group. Written requests can be made to: Alberta Department of Energy Client Registry 9945 108 Street, 3rd Floor Edmonton, AB T5K 2G6 Fax: 780-422-9522 2 INFORMATION BULLETIN – July 2002 To obtain more information about securing a new BA code, please contact the Client Registry at (780) 422-1395. Note: In addition to the 4-character BA identifier, any industry client who wishes to conduct business through the Registry must also have a User Security Administrator who will manage company User IDs and passwords. To learn more about this process, read the Registry User Security Administrator (USA): Set-up Process story in this bulletin or go to the Registry web site at: www.petroleumregistry.gov.ab.ca. Registry User Security Administrator (USA): Set-up Process A guiding principle of the Registry is that “the data must be secure”. A key component of the Registry’s application security is the role of User Security Administrator (USA). Each company or individual, also known as a Business Associate (BA), who requires access to the Registry, must assign an individual to perform the role of USA. The USA has the responsibility for setting up and managing security for all users of the Registry for that BA. It is very important for each BA to secure a USA ID and password. Without it, a BA will not have access to the Registry. Before the Registry begins operation in October 2002, it must: • Collect the information for the individual assigned the role of USA. The Registry can create the initial information about the BA from existing EUB or DOE files, but does not have any information about the USA. • The Registry must then communicate the USA’s Registry User ID and password back to the USA in a secure manner. The USA Set-up Procedure When the Registry team begins its ramp-up to implementation in the first week of September 2002, BA information, including USA information, will be the first set of data loaded into the database. The objective of the Registry team is to collect all USA information from July 1st to August 30th, 2002. However, a system will be in place to capture any USA data that arrives from September 1st to 30th, 2002. The process to obtain a USA is outlined on the Registry web site (www.petroleumregistry.gov.ab.ca). If you have any questions about this process, please contact the Registry offices at (403) 297-6111(Calgary) or 1-800-992-1144 (other locations) or e-mail [email protected]. When the Registry is operational, new BAs will request a BA USA ID and Password through a Registry online function called Request BA Application. A BA can also manage existing BA USA information through a Registry online function called Request a BA Change. If a BA USA is required after the BA ID has been issued, contact the DOE’s Client Registry at (780) 422-1395. Note: At the time of implementation of the Petroleum Registry of Alberta (Phase 1 – October 2002) the general public will not have access to public data on the Registry. Only those individuals who have a legitimate business reason for using the Registry will be issued the USA ID, which will allow them access to public and secure data in the Registry. All public information on the Registry can be obtained from existing Ministry of Energy sources, either on the DOE or Energy and Utilities Board (EUB) web sites or via EUB’s Data Dissemination