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Overview
Serving government, regulator and industry stakeholders across multiple jurisdictions, Petrinex facilitates efficient, standardized, safe, and accurate management and exchange of "data of record" information essential for: - the administration of Alberta's, British Columbia's, Saskatchewan's, Manitoba's, and Indian Oil and Gas Canada's royalty frameworks and regulatory enforcement, and
- the commercial operation of the upstream, midstream and downstream petroleum sector.
Stakeholder-driven business rules and control mechanisms ensure the information reported in Petrinex each month is accurate, verified and balanced across the four western provinces. Additionally, Petrinex is a venue for providing public access to its non-confidential data for Alberta and Saskatchewan (with a long-term opportunity to extend this functionality to BC and Manitoba).
By levering its multi-jurisdictional and multi-stakeholder governance model, Petrinex is a forum for governments, regulators and industry to collaboratively implement and administer established policy and regulatory direction as efficiently and cost-effectively as possible, while at the same time allowing for standardization and harmonization where feasible.
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