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The high water-cut oil well program is administered under The High Water-Cut Oil Well Program Regulations.
Through the program, oil wells producing large volumes of water will receive a royalty status re-assignment based on their finished drilling date after qualifying investment has been executed:
Note: Qualifying high water-cut oil wells will receive a royalty status re-assignment on oil produced after the eligible investment has been executed.
To apply for the HWCP:
The ministry will be accepting applications until March 31, 2026.
For additional information on the program, please review Information Circular (PR-IC12): High Water-Cut Oil Well Program or contact firstname.lastname@example.org.