Oil Sands Acronyms


A Top
ABB Athabasca Bitumen Blend
AER Alberta Energy Regulator (formerly known as ERCB or EUB)
AESO Alberta Electric System Operator
AIES Alberta Interconnected Electric System
AL Armís Length
AMI Alberta Mineral Information (System)
API American Petroleum Institute
ARC Alberta Research Council
ARF Alberta's Royalty Framework
ATC Athabasca Tribunal Council
B Top
bbl Barrel
BDM Bitumen Density Measurement
BDT Business Design Team
BRIK Bitumen Royalty In-Kind
BRO Bitumen Royalty Option
BVM Bitumen Valuation Methodology
C Top
CAN Corporate Access Number
CAPP Canadian Association of Petroleum Producers
CARE Cost Analysis and Reporting Enhancement
CARS Corporate Accounting Revenue System
CCS Carbon Capture and Storage
CEMA Cumulative Environmental Management Association
CEPA Canadian Energy Pipeline Association
CERI Canadian Energy Research Institute
CHOPS Cold Heavy Oil Production with Sand
CIS Continuations Information System
CMDRC Crown Mineral Disposition Review Committee
CORES Corporate Registry System
COS Cost of Service
CRWP Condensate Allowance Price
CSS Cyclic Steam Stimulation
CW Client Withdrawn
D Top
DRRZD Deeper Rights Reversion Zone Designation
DSU Drilling Spacing Unit
DW Department Withdrawn
E Top
EOP End of Period
EPAC Explorers and Producers Association of Canada (formerly known as SEPAC)
ERIS Escalating Rent Information System
ETS Electronic Transfer System
F Top
FCC Fluid Catalytic Cracker
FMT Freehold Mineral Tax System
G Top
GAAP Generally Accepted Accounting Principles
GFE Good Faith Estimate
GHG Greenhouse Gas
GJ Gigajoule
GLC General Land Classification
Green TRIP Green Transit Incentives Program
H Top
HBP Hardisty Bitumen Price
L Top
LADS Land Agreement Description System
LAMAS Land Automated Mineral Agreement System
LOIS Land Offset Information System
LSAS Land Status Automated System
LSD Legal Subdivision
LTBR Long-Term Bond Rate
LTO Land Titles Office
M Top
MDT Maximum Development Time
MFT Mature Fine Tailings
MLE Minimum Level of Evaluation
MLP Minimum Level of Production
MMA Mines and Minerals Act
MOSS Mineable Oil Sands Strategy
MPC Maximum Daily Production Capacity
MRC Monthly Royalty Calculation
MRIS Mineral Revenues Information System
MSAC Metis Settlement Access Committee
MSC Multi-stakeholder Committee
N Top
NAL Non-Arm's Length
NCUT National Centre for Upgrading Technology
NEB National Energy Board
NGL Natural Gas Liquid
NPO No Public Offering Notice
NPV Net Present Value
NRA No Rights Available
NRF New Royalty Framework
O Top
OASIS Oil Sands Administrative and Strategic Information System (formerly known as OSCAR)
OSA Oil Sands Area
OSAC Oil Sands Allowed Costs (Ministerial) Regulation
OSD Oil Sands Division
OSRR Oil Sands Royalty Regulation
OTSG Once-Through Steam Generator
P Top
PADD Petroleum Administration Defense District
PNCB Prior Net Cumulative Balance
PNG Petroleum and Natural Gas
PON Public Offering Notice
PSV Primary Separation Vessel
R Top
RAM Royalty and Marketing System
RCP Royalty Calculation Point
RG% Gross Royalty Rate
RN% Net Royalty Rate
S Top
SAGD Steam-Assisted Gravity Drainage
SAGP Steam-Assisted Gas Push
SCO Synthetic Crude Oil
SEPAC Small Explorers and Producers Association of Canada
SMA Surface Mineable Area
SOR Steam Oil Ratio
SRD Single Request Detail Report
SREM Sustainable Resource and Environmental Management
SU Spacing Unit
T Top
TA Transportation Allowance
TAN Total Acid Number
THAI Toe-to-Heel Air Injection
TOR Tailings Oil Recovery
TPD Third Party Disposition
TRS Trespass System
TWP Township
U Top
UTF Underground Test Facility
V Top
VAPEX Vapour Extraction Process
VDU Vacuum Distillation Unit
W Top
WCS Western Canadian Select (blended bitumen)
WTI West Texas Intermediate