Reduce Your Oil & Natural Gas Royalties
If you produce oil or natural gas in B.C., you may be able to reduce the amount of royalties you pay. Some adjustments are automatic and others are not. Learn how allowances, exemptions, credits and lower royalty rates may apply to you.
- Discovery wells
- Natural gas or natural gas by-products used for oil or natural gas production, drilling or injection
- Natural Gas Deep Well Credit
- Natural Gas Deep Well Re-Entry Credit
- Infrastructure Credits (e.g. road credits)
- Summer Drilling Program