Royalty Reports and Returns

The royalty reports and returns have been prepared by the Financial Analysis and Royalty Administration (FARA) Division of Industry, Tourism and Investment. They are to be used by interest holders to meet their filing obligations under the Petroleum Lands Royalty Regulations (PLRR).

Any questions regarding these reports and returns should be directed to FARA.

  • Proposed Production Commencement Date (PPCD)

  • Pre-Project Commencement Costs (PPCC)

  • Monthly Production and Cost Statement (MPCS)

    • MPCS Submission Guide

  • Monthly Royalty Return (MRR)

  • MRR Submission Guide

  • Payout Status Report (PSR)

 

Proposed Production Commencement Date (PPCD)

PLRR Reference:

Section: 13(1)(a) & 13(2)

Purpose:

Reports the proposed production commencement date, as approved by the Regulator.

Filed by:

Representative (of the first production licence in a project)

Filed by Project or Production Licence:

Production Licence

Due Date:

By the 15th day of the month after the month in which the project commencement date falls.

 

Pre-Project Commencement Costs (PPCC)

PLRR Reference:

Sections: 11(1)(a) & 11(2)

Purpose:

Reports pre-project cost information

Filed by:

Interest holder

Filed by Project or Production Licence:

Production Licence

Due Date:

By the last day of the second month following the month of project commencement.

 

Monthly Production and Cost Statement (MPCS)

PLRR Reference:

Sections: 13(1)(b) & 13(2)

Purpose:

Reports the production and cost information relative to a production licence.

Filed by:

Representative

Filed by Project or Production Licence:

Production Licence

Due Date:

Beginning with the month in which the project commencement date falls and for every month after that month.  Due by the 15th day of the second month following the month to which it relates.

Submission Guide

For detailed instructions on completing a Monthly Production and Cost Statement, please refer to the Submission Guide.

 

Monthly Royalty Return (MRR)

PLRR Reference:

Sections: 11(1)(b) & 11(2)

Purpose:

Computes the royalty payable for the month and reports the interest holders abandonment & restoration trust account.

Filed by:

Interest holder

Filed by Project or Production Licence:

Project

Due Date:

Beginning with the month in which the project commencement date falls and for every month after that whether a royalty is payable for that month or not. Due by the last day of the second month following the month to which it relates.

Guidelines

For detailed instructions on completing a Monthly Royalty Return, please refer to the Submission Guide.

 

Payout Status Report (PSR)

PLRR Reference:

Sections: 12(1) & 12(2)

Purpose:

Reports the interest holder's project payout status.

Filed by:

No requirement to file - generated automatically by Royalty Management System (RMS)

Filed by Project or Production Licence:

Project

Due Date:

No requirement to file - generated automatically by Royalty Management System (RMS)

 

Submission Guides

MPCS

Monthly Production and Cost Statement

MRR

Monthly Royalty Return

 

Note: The prescribed penalty to be paid for failing to file a return or filing a return that is substantially incomplete or contains information of inadequate quality to properly calculate the prescribed royalty is $1,000 for each month or part of a month from the day on which the report or return is due to the day on which the report or return is filed.