William
D. Marriott & Associates Ltd. William
D. Marriott & Associates Ltd.
Industry Reviews the Surface Compensation Database
The Surface Land Compensation Database ("the DB") has been operating continuously since 1995, providing on-line area searches and aggregate analysis to all the major oil and gas operators, land consulting firms, industry associations and governments.
While there have been many innovations in terms of data collection, quality control and distribution, universal acceptance of the DB has proved illusive. For example, even though there has been a nearly 60-70% commitment in principle from the largest drillers, the database only receives about 30-40% of all the surface leases taken. This has resulted in concerns by users about incomplete data and the accuracy of aggregative analysis.
The main supporters and sponsors of the DB have requested a comprehensive industry review of the objectives, principles, and operation of the DB. The purpose of this review is to determine what (if any) improvements can be made to the DB to increase its acceptance and participation, or whether the ongoing operation of the DB can continue to be justified.
This page will provide updates and links as the process unfolds.
March 2010 Nexus
Article - Price Determinants in Alberta Surface Compensation
Industry
Reviews the Surface Compensation Database
Presentation
from April 13 Review Meeting
Operator
Survey
from April 13 Review Meeting
Letter
to Associations on Governance
Alberta
Surface Compensation - Fair and Equitable?
April
13 Operator
Survey Results
May 2010 Negotiator
Article - Industry Reviews the DB
June 2 - Report on the Review of the DB
June
21 Presentation to CAPL FAM Committee
If you would like to access the
DB during this review the following is a temporary account you may use.
Username: waterloo
Password: doordie