Please wait

 

Resource Extraction Payment Report

The tables below set forth payments made to governments for the fiscal year ended December 31, 2025.

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

Internal Revenue Service

USD

USD

USA Operations

 

15.6

 

 

-

 

 

-

 

 

-

 

 

-

 

 

15.6

 

 

 

 

Office of Natural Resources

USD

USD

USA Operations

 

-

 

 

6.4

 

 

0.2

 

 

-

 

 

-

 

 

6.6

 

 

 

United States Federal Government Total

 

 

 

 

 

15.6

 

 

6.4

 

 

0.2

 

 

-

 

 

-

 

 

22.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Canada

Province of Alberta

Alberta Energy Regulator

CAD

USD

Canadian Operations

 

-

 

 

-

 

 

2.8

 

 

-

 

 

-

 

 

2.8

 

 

 

 

Alberta Finance, Tax and Revenue Administration

CAD

USD

Canadian Operations

 

11.9

 

 

-

 

 

-

 

 

-

 

 

-

 

 

11.9

 

 

 

 

Alberta Petroleum Marketing Commission

CAD

USD

Canadian Operations

 

-

 

 

3.4

 

 

-

 

 

-

 

 

-

 

 

3.4

 

 

 

 

Government of Alberta

CAD

USD

Canadian Operations

 

-

 

 

137.8

 

 

1.0

 

 

0.3

 

 

-

 

 

139.1

 

(2)

 

Province of Alberta Total

 

 

 

 

 

11.9

 

 

141.2

 

 

3.8

 

 

0.3

 

 

-

 

 

157.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Canada

Province of British Columbia

BC Hydro

CAD

USD

Canadian Operations

 

-

 

 

-

 

 

-

 

 

-

 

 

0.4

 

 

0.4

 

 

 

 

BC Transportation Financing Authority

CAD

USD

Canadian Operations

 

-

 

 

-

 

 

-

 

 

-

 

 

0.5

 

 

0.5

 

 

 

 

Ministry of Finance Province of BC

CAD

USD

Canadian Operations

 

4.2

 

 

94.9

 

 

11.9

 

 

-

 

 

-

 

 

111.0

 

 

 

Province of British Columbia Total

 

 

 

 

 

4.2

 

 

94.9

 

 

11.9

 

 

-

 

 

0.9

 

 

111.9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Canada

Federal Government of Canada

Canada Revenue Agency

CAD

USD

Canadian Operations

 

36.1

 

 

-

 

 

-

 

 

-

 

 

-

 

 

36.1

 

 

 

 

Receiver General For Canada

CAD

USD

Canadian Operations

 

-

 

 

-

 

 

0.1

 

 

-

 

 

-

 

 

0.1

 

 

 

Federal Government of Canada Total

 

 

 

 

 

36.1

 

 

-

 

 

0.1

 

 

-

 

 

-

 

 

36.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Canada

County of Grande Prairie

 

CAD

USD

Canadian Operations

 

10.1

 

 

-

 

 

1.8

 

 

-

 

 

-

 

 

11.9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Canada

Province of Ontario

The Ontario Aggregate Resources Corporation

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

 

 

 

 

 

77.9

 

 

242.6

 

 

17.9

 

 

0.3

 

 

0.9

 

 

339.6

 

 

 

Notes:

(1)
During 2025, 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

Entity Level Income Tax

Oil and Natural Gas/Well

USD

USD

USA Operations

 

15.6

 

 

-

 

 

-

 

 

-

 

 

-

 

 

15.6

 

 

United States

Utah

Oil and Natural Gas/Well

USD

USD

USA Operations

 

-

 

 

3.7

 

 

0.2

 

 

-

 

 

-

 

 

3.9

 

 

United States

Oklahoma

Oil and Natural Gas/Well

USD

USD

USA Operations

 

-

 

 

2.6

 

 

-

 

 

-

 

 

-

 

 

2.6

 

 

United States

Wyoming

Oil and Natural Gas/Well

USD

USD

USA Operations

 

-

 

 

0.1

 

 

-

 

 

-

 

 

-

 

 

0.1

 

 

Canada

Province of Alberta

Oil and Natural Gas/Well

CAD

USD

Canadian Operations

 

22.0

 

 

141.3

 

 

5.6

 

 

0.3

 

 

-

 

 

169.2

 

(2)

Canada

Province of British Columbia

Oil and Natural Gas/Well

CAD

USD

Canadian Operations

 

4.2

 

 

94.9

 

 

11.9

 

 

-

 

 

0.9

 

 

111.9

 

 

Canada

Entity Level Income Tax

Oil and Natural Gas/Well

CAD

USD

Canadian Operations

 

36.1

 

 

-

 

 

-

 

 

-

 

 

-

 

 

36.1

 

 

Canada

Province of Ontario

Uranium/Underground Mining

CAD

USD

Canadian Operations

 

-

 

 

-

 

 

0.2

 

 

-

 

 

-

 

 

0.2

 

 

Total payments to governments

 

 

 

 

 

77.9

 

 

242.6

 

 

17.9

 

 

0.3

 

 

0.9

 

 

339.6

 

 

 

Notes:

(1)
During 2025, 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.