Prior year updates to natural resource taxes
Last updated on January 31, 2025Prior year updates to natural resource tax information are archived here. This includes oil and natural gas royalties, freehold production tax, commission levy and orphan site restoration tax, mineral tax, mineral land tax and mine inspection fees. Note: Prior year updates to logging tax are under Income taxes.
Looking for newer updates? View our current year updates to information about natural resource taxes and subscribe to receive email notifications when we update our website.
Prior year updates by year
To view all the past updates, click Expand All below.
B.C. Natural resource taxes - 2024
Stumpage and export fees
No 2024 updates.
Mining taxes
January 27, 2025
Interest rates have been updated for mineral tax, mineral land tax, and the mine inspection fee.
November 21, 2024
Interest rates have been updated for mineral tax, mineral land tax, and mine inspection fee.
Mineral tax historical revenue summary has been updated.
April 16, 2024
Interest rates have been updated for mineral tax, mineral land tax, and mine inspection fee.
Oil and natural gas royalties and taxes
June 26, 2024
The Oil and gas royalties and freehold production tax web pages have been updated to include the latest information on oil and gas regulations and have been reorganized for clarity and easier navigation.
This update includes the following new web pages:
- Understanding oil royalty calculations
- Understanding natural gas royalty calculations
- Contact information
As part of this update, the Oil and Gas Royalty Handbook has been incorporated into the Oil and gas royalties and freehold production tax web pages.
Check out the new layout and update any bookmarks you may have.
Royalty transition 2022–2024
August 30, 2024
The B.C. oil and natural gas royalty transition web pages have been updated to reflect that the royalty framework transition period has been extended until December 31, 2026 and the new royalty framework will take effect January 1, 2027. The transition period has new provisions for new and existing wells, including for oil wells and dry gas wells with a spud date on or after September 1, 2024.
April 5, 2024
The B.C. oil and natural gas royalty transition pages have been updated to clarify that oil wells are not impacted during the transition and remain under the existing royalty system. This includes updates to the following pages:
- Royalty transition impact on existing wells and new oil wells
- Royalty transition impact on new gas wells
B.C. Natural resource taxes - 2023
Stumpage and export fees
No updates in 2023.
Mining taxes
November 6, 2023
Interest rates have been updated for mineral tax, mineral land tax, and mine and inspection fee.
January 11, 2023
FIN 734, Joint Election of Disposition Proceeds (PDF, 600KB), has been revised to include updated language that aligns with the regulation.
Oil and natural gas royalties and taxes
No updates in 2023.
Royalty transition 2022–2024
No updates in 2023.
B.C. Natural resource taxes - 2022
December 2, 2022
Starting in December 2022, if you spudded a new gas well since September 1, 2022 that has begun producing, the OGR Gas Invoice Details CSV file that you normally get through Petrinex will reflect the flat 5% royalty rate introduced during the royalty transition period. Look for a new “NG05” code for crown land or a new “NGF5” code for freehold land in the Base Rates section of the invoice.
October 6, 2022
The Can you appeal? and Appeal further pages have been revised to:
- Add information about appealing net profit royalty decisions
- Correct the deadline for filing an appeal under the Petroleum and Natural Gas Royalty and Freehold Production Tax Regulation or the Net Profit Royalty Regulation to 90 days
September 1, 2022
The following webpages are updated to reflect changes now in effect as part of B.C.’s oil and natural gas royalty transition.
- Natural gas royalties
- Lower your oil and natural gas royalty rate
- Credits and deductions
- Producer cost of service (PCOS) natural gas allowance
July 15, 2022
The Mining taxes and fees website has been reorganized and condensed for clarity and easier navigation. This includes content related to mineral tax, mineral land tax, and the mine inspection fee. Check out the new layout and be sure to update any bookmarks you may have.
June 14, 2022
Changes to the Petroleum and Natural Gas Royalty and Freehold Production Tax Regulation to support the royalty transition are now available, including the definition of productions hours for new wells spudded on or after September 1, 2022.
May 20, 2022
B.C.’s oil and natural gas royalty system is changing. If you pay B.C. oil and natural gas royalties, you are impacted.
Go to gov.bc.ca/royaltytransition to learn more. While there, subscribe to be notified as details about the transition become available.
B.C. Natural resource taxes - 2021
August 19, 2021
Effective September 2021 (August production), the royalty-taxpayer reporting deadline is changing to align with the allocation deadline posted in the Petrinex calendar. A new Information Sheet (PDF, 129.4KB), Changes to Royalty/Taxpayer Reporting Deadline, explains the changes.
February 25, 2021
Bulletin PNG 001, Royalty Programs for Deep Gas Wells (PDF), has been updated to reflect process changes resulting from the implementation of Petrinex.
B.C. Natural resource taxes - 2020
July 7, 2020
The Oil and natural gas royalties and taxes website has been updated to:
- Clarify reporting requirements when oil is recovered or being inventoried under specific circumstances
- Expand information on how non-refundable credits are applied on amended periods
- Add examples of how interest applies on amended production periods and on refunds
- Clarify how interest applies on deemed royalties
- Make minor revisions across the site for clarity
A new Information Sheet, Invoice Components for Oil & Gas Royalties and Tax, is now available to help producers and operators understand their invoices.
March 9, 2020
The B.C. Taxpayer Fairness and Service Code is now available online.
February 18, 2020
The provincial government announced its 2020 Budget on February 18, 2020. Programs administered by the Mineral, Oil & Gas Revenue Branch are amended as a result. B.C. Provincial budget tax changes.
January 2, 2020
The Natural gas tax credit website has been updated to:
- Explain how to calculate the cost of natural gas for the Natural Gas Tax Credit
- Include the new Natural Gas Tax Credit Application form (FIN 515)
- Include an Annual Cost of Natural Gas Worksheet template
B.C. Natural resource taxes - 2019
December 2, 2019
Oil & Gas Transition Notice 011, Reporting Requirements, has been revised to include reporting requirements for oil that is recovered or being inventoried.
April 4, 2019
Effective April 1, 2019, the Orphan Site Restoration Tax is eliminated and replaced by a new Orphan Liability Levy administered by the Oil and Gas Commission.
To find out more about the new liability levy, see OGC’s Industry Bulletin 2019-01.
To find out what this means for producing months before April 1, 2019, visit our website.
February 19, 2019
The provincial government announced its 2019 Budget today. Programs administered by the Mineral, Oil & Gas Revenue Branch are amended as a result. Learn more at B.C. Provincial budget tax changes.
January 15, 2019
Petrinex Error Messages and Associated Penalties (PDF) has been revised to update error number VME0018 to $100 per error per facility, and to change the frequency to Recurring (R).