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New B.C. Royalty Regime Focused On Actual Cost Allocation, Fair Value For Resources, And Provincial Government Green Agenda

The new B.C. government royalty regime being rolled out over the next year-and-a-half puts a significant focus on environmental, climate change and Indigenous issues, while laying out a new royalty structure that addresses modern production technologies and shifts in the production mix in the massive Montney unconventional resource play, Grant Nulle, executive director for Strategic Projects and Policy for the B.C. government, told a packed house at the recent Canadian Society for Evolving Energy (CSEE) B.C. Day event in Calgary.

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