Enter Alberta Capital Cost Index (ACCI)
Wells in Alberta that operate under the Modernized Royalty Framework will have the ACCI applied when royalties are calculated.
The C* value calculated on the Interests and Royalties tab is not factored by ACCI. The ACCCI is applied when economics are run.
To enter the ACCI
- On the Tools menu, point to Global Project Data and select Price Decks.
- In the active price deck (and any scenario price decks), select Tax Rates and browse to Alberta Capital Cost Index.
- Enter the index value (%) on the required year.
The ACCI tracks year-over-year inflationary or deflationary changes in the industry. The ACCI will initially be set to 100% in 2017, and allowed to “float” on an annual basis as a function of changes in industry costs. The value will be periodically modified by the Alberta government.