Alberta Oil Sands Bitumen Valuation Methodology 2016

Publication #: 2016-9995

Published: May 2016

Pages: 6 p.

Filed Under: Crude Oil & Oil Sands

This publication contains a table for the application of the Alberta Department of Energy Bitumen Valuation Methodology (BVM) to the determination of non-arm's length (NAL) royalty value for 1015 kg/m3 project bitumen at Hardisty, Alberta. This table will be updated on a monthly basis.

The table includes the year-to-date model inputs and the respective calculated bitumen Royalty Value (1015 kg/m3) reported in $Cdn/m3 and $US/bbl.

Definitions of terms used are also provided.

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