Licensee Liability Rating (LLR) Program Reports

Public LLR Reports

The following reports are made available on the website by the 15^th of every month. These reports are also available through IRIS (see Liability Management at the User Learning Centre for more details on how to view the report in IRIS):

• LLR Summary
  Provides a list of all licensees under the LLR program, the amount of security deposits held by the ministry and the security adjusted LLR associated with each licensee.
  
  
• LLR Well List
  Provides a list of all wells licensed in Saskatchewan and identifies AOR related approvals and problem site designations.
  
  
• LLR Facility List
  Provides a list of all the facilities licensed in Saskatchewan and identifies AOR related approvals and problem site designations.

Licensee-specific LLR Reports

To access the following the reports, you must have an active IRIS user account assigned by your BA's IRIS Security Administrator. You will only have access to reports applicable to your BA ID.

Licensees and authorized SAs can also access the following Liability Management Reports through IRIS to obtain details specific to their organization in relation to the LLR Program. Beginning March 2023, these reports will be updated by the 10^th of each month, to coincide with the monthly royalty tax billing. For more information on viewing the reports in IRIS, see Liability Management at the User Learning Centre:

• Licensee Liability Inventory (LLI)

  Provides a list of all well and facility licences held by the licensee along with the asset value, abandonment/reclamation liability associated with each licence under the LLR Program
  
  In addition, the reports provide a summary of the Licensees situation in relation to the LLR Program providing details such as total assets, total liability, Licence Liability Rating (LLR), and the amount of security deposits required, held on account with the ministry and owing.
  
  Note: Please be advised that the total asset value displayed at the top of the LLI report is not intended to match the one at the bottom of the report. The total asset value at the top of the LLI report is used to determine a licensee’s LLR and security deposit requirement. It is calculated in accordance with sections 4-1(2) and (3) of The Financial Security & Site Closure Regulations. This asset value incorporates operating costs for wells and facilities listed in a company’s LLI report that have not been brought to closure (i.e. have not obtained an Acknowledgement of Reclamation Approval, Grandfathered AOR approval or Full Exemption from Reclamation approval). These operating costs are based on averages and should not be expected to match any licensee’s actual costs exactly. The fixed and variable costs established by the ministry are constant values and have been applied to all licensees in the same manner to ensure fairness. It is the ministry's policy not to provide the actual values/methods used in the model in order to mitigate an influx of inquiries from companies concerning how the models compares to their own situation.

  The asset value at the bottom of the report pertains to wells only, and the list displays a non-zero asset value only when the well’s production value is greater than its operating costs as assigned in IRIS.

• Securities Worksheet

  Provides a monthly summary of the licensee's total assets, total liability, Licence Liability Rating (LLR) value and all security deposit transactions, under the LLR Program.
  
  With this information a licensee can anticipate when a security deposit invoice may be issued or the licensee is eligible for a security deposit refund.

• LLR Well List (extended version)

  Provides the licensee with a list of all their licensed wells in Saskatchewan and identifies AOR related approvals, problem site designations and contains the asset value, abandonment/reclamation liability associated with each Licence under the LLR Program.

• LLR Facility List (extended version)

  Provides the licensee with a list of all their licensed facilities in Saskatchewan and identifies AOR related approvals, problem site designations and contains the asset value, abandonment/reclamation liability associated with each Licence under the LLR Program.

• Licensee Active Security Invoice Summary

  Provides the licensee with a list of their active security invoices, issued under the LLR Program, which hold a balance or are outstanding.