Government of Saskatchewan ministries, Crown corporations and organizations are working to minimize the impacts of the postal service disruption.

Les ministères, les sociétés d’État et les organismes du gouvernement de la Saskatchewan travaillent à réduire au minimum les répercussions de l’interruption des services postaux.

Google Translate Disclaimer

A number of pages on the Government of Saskatchewan's website have been professionally translated in French. These translations are identified by a yellow box in the right or left rail that resembles the link below. The home page for French-language content on this site can be found at:

Renseignements en Français

Where an official translation is not available, Google™ Translate can be used. Google™ Translate is a free online language translation service that can translate text and web pages into different languages. Translations are made available to increase access to Government of Saskatchewan content for populations whose first language is not English.

Software-based translations do not approach the fluency of a native speaker or possess the skill of a professional translator. The translation should not be considered exact, and may include incorrect or offensive language. The Government of Saskatchewan does not warrant the accuracy, reliability or timeliness of any information translated by this system. Some files or items cannot be translated, including graphs, photos and other file formats such as portable document formats (PDFs).

Any person or entities that rely on information obtained from the system does so at his or her own risk. Government of Saskatchewan is not responsible for any damage or issues that may possibly result from using translated website content. If you have any questions about Google™ Translate, please visit: Google™ Translate FAQs.

Saskatchewan Launches New Program to Boost Oil Production and Generate Investment

Released on May 13, 2025

The Government of Saskatchewan has launched the Low Productivity and Reactivation Oil Well Program (LPRP) to create new incremental oil production and revenue from low-producing or inactive wells. 

The LPRP promotes industry investment in low-producing or inactive horizontal oil wells through a new royalty structure for eligible wells. In the final year of the four-year LPRP program, it is projected to add 30,000 barrels per day of oil production and generate $21 million in additional royalty revenue for the province.

"Growing Saskatchewan's oil and gas industry is a priority for our government," Energy and Resources Minister Colleen Young said. "This new program will encourage companies to make new investments in existing assets and increase oil production in our province. With our abundant resources, competitive regulatory environment, and targeted incentives, Saskatchewan is one of the best places in the world to develop oil and gas projects."

The LPRP can extend the life of wells that have already been drilled and allow access to oil that would otherwise have been left in place. The incremental oil production generated through the program will contribute to reaching Saskatchewan's Growth Plan goal of increasing oil production to 600,000 barrels per day.

"Not only does the LPRP support the government's goal of increasing oil production, it has the added benefits of reducing inactive asset retirement obligations, improving environmental performance and enabling companies to convert liabilities into assets," Saturn Oil and Gas CEO John Jeffrey said. "Saturn recently completed a successful Frobisher re-entry and is excited to identify further candidates, as we believe the LPRP will spur increased production, activity and revenue for the province; reduce the inactive well count and create additional employment and investment opportunities. Ultimately, the new LPRP represents a win-win for all stakeholders."

Last year, the value of Saskatchewan oil and gas production reached $13.5 billion, with the sector employing more than 26,000 people. Saskatchewan is the second-largest oil producer in Canada and sixth largest onshore oil producer in North America.

For more details about LPRP, including information about how to apply for the program, visit: link.

-30-

For more information, contact:

Evan Radford
Energy and Resources
Regina
Phone: 306-510-1701
Email: evan.radford@gov.sk.ca

We need your feedback to improve saskatchewan.ca. Help us improve