Learn more about COVID-19 in Saskatchewan. Case numbers are updated daily.
Effective December 17, all private dwelling indoor gatherings are limited to immediate households only. Review all public health measures.
Learn more about COVID-19 in Saskatchewan. Case numbers are updated daily.
Effective December 17, all private dwelling indoor gatherings are limited to immediate households only. Review all public health measures.
Convert a net royalty lease to a standard petroleum and natural gas lease to reduce administration.
Overview of Saskatchewan Corporation Capital Tax and rates
Find information circulars related to Crown royalty and freehold production tax structures, available drilling incentives and valuation policies applicable to crude oil and natural gas.
Find information about available drilling incentives for oil and gas wells.
Apply for this program to extend the producing life and improve the recovery rates of high water-cut oil wells.
The Oil and Gas Processing Investment Incentive offers transferable royalty/freehold production tax credits for qualified greenfield or brownfield value-added projects at a rate of 15 per cent of eligible program costs.
The Oil Infrastructure Investment Program offers transferable royalty/freehold production tax credits for qualified greenfield or brownfield value-added projects at a rate of 20 per cent of eligible program costs.
The Waterflood Development Program offers a repayable royalty deferral for qualified waterflood injection wells.
The Saskatchewan Petroleum Innovation Incentive offers transferable royalty/freehold production tax credits for qualified innovation commercialization projects at a rate of 25 per cent of eligible program costs.
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