M-13.1, r. 1 - Regulation respecting petroleum, natural gas and underground reservoirs

Section 104 Disposition versions

2012-09-01

104. The holder of a lease to produce petroleum and natural gas shall pay the following fees:

(1)  on petroleum extracted from the site under lease:

(a)  when the average daily production per producing well is 7 m3 or less: 5% of the market value at the wellhead;

(b)  when the average daily production per producing well exceeds 7 m3, but is less than 30 m3:

i.  5% of the market value at the wellhead on the first 7 m3;

ii.  10% of the market value at the wellhead on the remainder;

(c)  when the average daily production per producing well exceeds 30 m3:

i.  8.75% of the market value at the wellhead on the first 30 m3;

ii.  12.5% of the market value at the wellhead on the remainder;

(2)  on natural gas extracted from the site under lease:

(a)  when the average daily production per producing well is equal to or less than 84,000 m3: 10% of the market value at the wellhead;

(b)  when the average daily production per producing well exceeds 84,000 m3:

i.  10% of the market value at the wellhead on the first 84,000 m3;

ii.  12.5% of the market value at the wellhead on the remainder.

O.C. 1539-88, s. 104; O.C. 1381-2009, s. 52.