Canadian incentives for oil and gas exploration. [Applicability to USA]

Technical Report · Tue Apr 01 04:00:00 EST 1980

DOI:https://doi.org/10.2172/5358590· OSTI ID:5358590

During the 1970s a number of different exploration and production incentive programs were put in place in Canada, in particular in the Province of Alberta, Canada's principal oil- and gas-producing province. The DOE/RA is evaluating Canadian incentives for oil and gas exploration, and this study is intended to provide information that will help guide DOE/RA in determining the applicability of Canadian incentive programs in US energy policy. The study describes and documents the fiscal structure in which the Canadian oil industry operates. The incentive features of pricing policy, taxation policy, and provincial royalty systems are discussed. A principal focus of the study is on one of the most important of Canada's specific incentive programs, the Alberta Exploratory Drilling Incentive Credit Program (EDICP). The study describes and evaluates the effect of the EDICP on increased oil and gas exploration activity. Similarly, the study also reviews and evaluates other specific incentive programs such as the Alberta Geophysical Incentive Program, Frontier Exploration Allowances, and various tar sand and heavy oil development incentives. Finally the study evaluates the applicability of Canadian incentives to US energy policy.

• Research Organization: Energy Associates, Concord, MA (USA)
• DOE Contract Number: AC01-80RA33211
• OSTI ID: 5358590
• Report Number(s): DOE/RA/33211-T1
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020200* -- Petroleum-- Reserves
Geology
& Exploration
03 NATURAL GAS
030200 -- Natural Gas-- Reserves
Geology
& Exploration
29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
293000 -- Energy Planning & Policy-- Policy
Legislation
& Regulation
294000 -- Energy Planning & Policy-- Fossil Fuels
BITUMINOUS MATERIALS
CANADA
CARBONACEOUS MATERIALS
ENERGY POLICY
ENERGY SOURCES
EXPLORATION
FINANCIAL INCENTIVES
FOSSIL FUELS
FUELS
GEOLOGIC DEPOSITS
GEOPHYSICAL SURVEYS
GOVERNMENT POLICIES
NATURAL GAS DEPOSITS
NORTH AMERICA
OIL SANDS
PETROLEUM DEPOSITS
PRICING REGULATIONS
REGULATIONS
RESOURCES
SURVEYS
TAXES
USA