Insight
2025 upstream Canada's guidance review
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Report summary
Thirty-one Canadian headquartered unconventional and oil sands operators announced 2025 capital and production guidance over the last quarter. Production and capital spending is up a modest 5% and 11% respectively including 2024 M&A activity. This report provides a comprehensive analysis of our latest assessment of capital and production guidance with breakdowns of spend by oil sands versus unconventionals and investigates high level trends in capital intensity and capital efficiency.
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- Executive Summary
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