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Resource Extraction Payment Report

The tables below set forth payments made to governments for the fiscal year ended December 31, 2024.

Payments made by country and level of government

US$ millions

 

Country

Subnational Government Level

Subnational Government Entity Receiving the Payment

Currency of payment

Reporting currency

Business Segment that made the payment

Taxes

Royalties

Fees

Bonuses

Infrastructure Improvement Payments

Total Amount paid to Payee (1)

Notes

United States

United States Federal Government

Office of Natural Resources

USD

USD

USA Operations

-

20.2

0.5

-

-

20.7

 

 

 

Bureau of Land Management

USD

USD

USA Operations

-

-

0.8

-

-

0.8

 

 

 

Bureau of Indian Affairs

USD

USD

USA Operations

-

-

0.1

0.6

-

0.7

 

 

United States Federal Government Total

 

 

 

 

-

20.2

1.4

0.6

-

22.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Canada

Federal Government of Canada

Canada Revenue Agency

CAD

USD

Canadian Operations

218.4

-

-

-

-

218.4

 

 

 

Receiver General For Canada

CAD

USD

Canadian Operations

-

-

0.2

-

-

0.2

 

 

Federal Government of Canada Total

 

 

 

 

218.4

-

0.2

-

-

218.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Canada

Province of British Columbia

Ministry of Finance Province of BC

CAD

USD

Canadian Operations

3.9

113.0

13.8

-

-

130.7

 

 

 

BC Transportation Financing Authority

CAD

USD

Canadian Operations

-

-

-

-

1.2

1.2

 

 

 

Technical Safety BC

CAD

USD

Canadian Operations

-

-

0.1

-

-

0.1

 

 

Province of British Columbia Total

 

 

 

 

3.9

113.0

13.9

-

1.2

132.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Canada

Province of Alberta

Alberta Finance, Tax and Revenue Administration

CAD

USD

Canadian Operations

85.8

-

-

-

-

85.8

 

 

 

Government of Alberta

CAD

USD

Canadian Operations

-

74.9

0.5

5.2

-

80.6

 

 

 

Alberta Energy Regulator

CAD

USD

Canadian Operations

-

-

2.6

-

-

2.6

 

 

 

Alberta Petroleum Marketing Commission

CAD

USD

Canadian Operations

-

0.5

-

-

-

0.5

(2)

 

Province of Alberta Total

 

 

 

 

85.8

75.4

3.1

5.2

-

169.5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Canada

County of Grande Prairie

 

CAD

USD

Canadian Operations

7.9

-

1.8

-

-

9.7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Canada

Northern Rockies Regional Municipality

 

CAD

USD

Canadian Operations

1.6

-

-

-

-

1.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Canada

Province of Ontario

The Ontario Aggregate Resources Corporation

CAD

USD

Canadian Operations

-

-

0.2

-

-

0.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Canada

Tsuut'ina Nation

Receiver General For Canada

CAD

USD

Canadian Operations

-

-

0.2

-

-

0.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Canada

Siksika Nation

 

CAD

USD

Canadian Operations

0.1

-

-

-

-

0.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Canada

Horse Lake First Nation

Receiver General For Canada

CAD

USD

Canadian Operations

-

0.1

-

-

-

0.1

 

Total payments to governments

 

 

 

 

317.7

208.7

20.8

5.8

1.2

554.2

 

 

Notes:

(1)
During 2024, there were no payments related to production entitlements, dividends or community and social responsibility payments required by law or contract that were made to further the commercial development of oil, natural gas, or minerals.
(2)
Royalties that are paid in-kind and are valued at market value using the relevant month average spot rates when the related production is produced and delivered in-kind.

 

Payments made on project-by-project basis

US$ millions

 

Country

Project / Subnational

Political Jurisdiction

Resource / Method of

extraction

Currency of

payment

Reporting

currency

Business Segment

that made the

payment

Taxes

Royalties

Fees

Bonuses

Infrastructure Improvement Payments

Total Amount

paid to Payee (1)

Notes

United States

Utah

Oil and Natural Gas/Well

USD

USD

USA Operations

-

15.9

1.4

0.6

-

17.9

 

United States

North Dakota

Oil and Natural Gas/Well

USD

USD

USA Operations

-

0.5

-

-

-

0.5

 

United States

Oklahoma

Oil and Natural Gas/Well

USD

USD

USA Operations

-

3.4

-

-

-

3.4

 

United States

Wyoming

Oil and Natural Gas/Well

USD

USD

USA Operations

-

0.4

-

-

-

0.4

 

Canada

Province of Ontario

Uranium/Underground Mining

CAD

USD

Canadian Operations

-

-

0.4

-

-

0.4

 

Canada

Entity Level Income Tax

Oil and Natural Gas/Well

CAD

USD

Canadian Operations

218.4

-

-

-

-

218.4

(3)

Canada

Province of Alberta

Oil and Natural Gas/Well

CAD

USD

Canadian Operations

93.8

75.5

5.1

5.2

-

179.6

(2)

Canada

Province of British Columbia

Oil and Natural Gas/Well

CAD

USD

Canadian Operations

5.5

113.0

13.9

-

1.2

133.6

 

Total payments to governments

 

 

 

 

317.7

208.7

20.8

5.8

1.2

554.2

 

 

Notes:

(1)
During 2024, there were no payments related to production entitlements, dividends or community and social responsibility payments required by law or contract that were made to further the commercial development of oil, natural gas, or minerals.
(2)
Royalties that are paid in-kind and are valued at market value using the relevant month average spot rates when the related production is produced and delivered in-kind.
(3)
The Form SD was amended to reflect the Entity Level Income Tax payments as a separate line item.