A MESSAGE FROM THE PREMIER
honourable heather stefanson On behalf of the Government of Manitoba, it is a pleasure to
Removing unnecessary administrative burdens to improve
welcome you to the 2022 edition of the Manitoba Energy Re-
regulatory processes is a key commitment to ensure Manitoba
view. Our government recognizes the important and critical role
is always open for business. Our government continues to work
that the oil & gas sector plays in the Manitoba economy and we
with industry on improvements to the petroleum fiscal regime
continue to promote policies that encourage economic devel-
and information delivery systems. The partnership with western
opment and job creation in this sector and all industries.
provinces in the adoption of the Petrinex reporting system im-
Our government is pleased to see industry activity rebound-
plemented last year has resulted in streamlining administrative
ing last year following the significant impacts COVID-19 in 2020.
processes such as introducing an online tax and royalty calcula-
In 2021 there were 170 wells drilled, more than doubling the
tor, making reporting easier, and reducing the risk of overpay-
83 wells drilled in 2020. Over 2.12 million cubic metres, or 13.3
ments by oil & gas producers in Manitoba. Manitoba is also set
million barrels, of oil were produced from Manitoba’s 6,384 pro-
to introduce a new and simplified tax and royalty regime by
ducing and support wells. In total, $415 million was also spent
the end of 2022 that will further reduce red tape for producers.
by the petroleum industry on exploration and development of
For almost seven decades, in both good times and bad, the
oil & gas resources in 2021.
oil & gas industry continues to adapt and innovate. We contin-
The newly formed Department of Natural Resources and
ue to work with the oil & gas industry to make Manitoba be-
Northern Development supports the provincial government’s
come Canada’s most improved province. Together, we will keep
renewed focus on responsible development of Manitoba’s
Manitoba’s resource sector resilient and strong.
abundant world-class natural resources. The department has increased capacity, with the creation of a new director position to lead reducing red tape for the mining, oil & gas sector, while also increasing support for the Manitoba Geological Survey to provide industry with the foundational geological picture required for investment. Our government has also established a new Economic Development Board of Cabinet to focus on building on Manitoba’s current and emergency competitive advantages and promoting Manitoba as an attractive investment location. By collaborating with existing investors, owners, and entrepreneurs, the board will also serve as a catalyst to drive increased investment and job growth in Manitoba.
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Manitoba Energy Review 2022
The Honourable Heather Stefanson
