Insight
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:
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