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Alberta Energy CO2 Projects Royalty Credit Program

Brief description:

Alberta Energy's CO2 Projects Royalty Credit Program, launched in 2004, supported projects and technology that would boost production of the province's oil and gas resources through enhanced oil recovery. Demonstration projects based in Alberta, which injected a mixture consisting mainly of CO2 for EOR of oil, natural gas, or coal bed methane were eligible under the programme. A total of $14.1 million in royalty credits was approved for four enhanced oil recovery projects in Alberta, before the programme became part of the Innovative Energy Technologies Program.


Projects in Alberta Energy CO2 Projects Royalty Credit Program: