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After the crash – what's changed in Canada upstream?

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09 June 2020

After the crash – what's changed in Canada upstream?

Report summary

Canada's oil and gas industry never fully recovered from the last downturn and is now challenged to navigate the latest crisis. We forecast US$29 billion of investment will be lost over the next five years. This loss of investment ripples through the industry, slowing production growth, reducing government share and delaying development projects. Not all resource themes are affected equally. As local gas prices strengthen, gas production is expected to grow faster than oil production, reversing the trend seen between 2010-2019.

Table of contents

  • Executive summary

Tables and charts

This report includes 1 images and tables including:

  • Post-tax NPV10 for top WCSB companies pre and post-crash

What's included

This report contains:

  • Document

    After the crash_whats changed in Canada upstream.pdf

    PDF 1.03 MB