Insight
Canada oil sands: recording more records in Q4 2022
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The fourth quarter saw decreases in key commodity benchmarks and additionally growing WCS differentials. We address several topics facing oil sands operators and production performance of mining and in situ projects. What is driving widening WCS differentials? What new greenfield and brownfield project production capacity increases have occurred? What operators are doing with free cash flow? What progress industry is taking on addressing emissions reduction?
Table of contents
- Executive summary
-
Benchmark crude prices
- Western Canada Select (WCS) pricing
- Bitumen and SCO realisations
-
Production
- Mining production
- In situ production
- Growth plans start to materialise
- Operating costs
- Earnings and shareholder returns
-
Other topics
- Leadership changes at Suncor and Cenovus
- Kearl tailings spill
- Fort Hills sees another ownership shuffle
- Pathways Alliance
- Alberta Government adds more teeth to TIER carbon tax and announces provincial budget
Tables and charts
This report includes the following images and tables:
- Benchmark prices
- Reported net earnings
- Corporate cash distributions since 2020
- Benchmark price performance
- Historical WCS pricing
- Realised pricing
- Mining project production
- In situ projects producing >40 kb/d
- In situ projects producing <40 kb/d
What's included
This report contains:
Other reports you may be interested in
Asset Report
Canada oil sands key play
Canada's oil sands hold a known resource base of 160 billion recoverable barrels. A total of 76 phases, covering 35 projects, are assessed.
$22,800
Asset Report
Hangingstone
The Hangingstone development is located in the Athabasca oil sands region of Alberta, 50 kilometres southwest of Fort McMurray. Japan ...
$3,720
Asset Report
Who Dat (MC 503)
Who Dat (MC 503) is a large oil and gas field located in the US Central Gulf of Mexico. The field is one of a trio of LLOG Exploration ...
$3,720
