Country report
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29 Pages

Canada oil supply summary


Canada oil supply summary

Report summary

Total liquids production in Canada averaged 4.26 million b/d in 2014 and is forecast to surpass 6.0 million b/d by 2035. The price crash in 2014 has led to a major slowdown in activity levels and the deferral of most new oil sands projects, and this will depress growth rates during the early 2020s. The main focus of production is Western Canada, which holds the bulk of conventional hydrocarbon resources. It is also home to the world's largest single hydrocarbon deposit, the Athabasca oil sands, which is the key driver of long term production growth. As in the US, technological advancements in horizontal drilling and multi-stage fracture stimulation have enabled operators to exploit tight oil formations, such as the Bakken (Saskatchewan) and Cardium (Alberta), and increase recovery from conventional plays.

What's included?

This report includes 1 file(s)

  • Canada oil supply summary PDF - 2.77 MB 29 Pages, 5 Tables, 18 Figures

Description

Volatility in oil markets has led players in the upstream oil and gas industry to focus on reducing capital spend and operating costs. At the same time, governments need to review fiscal terms to maintain attractiveness and investment.

This country report gives an overview of the key upstream supply issues for this country. If you’re interested in identifying and assessing upstream investment and expansion opportunities, this upstream supply report is your definitive commercial guide.

Potential investors, governments and companies in the oil and gas sector can use it to gain a better understanding of the critical issues for development opportunities in this country.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research. Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in commercial data and analysis.

  • Executive summary
  • Policy and regulation
  • Supply
    • Risk and uncertainties
      • Oil sands
        • Oil Sands risks to production
      • Western Canada
      • Maritime Canada
    • Commercial developments
      • Oil sands
        • Probable developments
      • Western Canada
      • Tight oil
      • Maritime Canada
      • Arctic Canada
        • Arctic Canada key projects
        • Arctic Canada infrastructure and fields
        • Arctic Canada oil/NGL production outlook to 2035
        • Reserves growth
          • Oil sands
          • Western Canada
          • Maritime Canada
        • Other discoveries
          • Oil sands
          • Western Canada
          • Maritime Canada
        • Yet-to-find
          • Oil sands
          • Western Canada
          • Maritime Canada
  • Infrastructure
    • Oil sands and Western Canada
      • US Midwest and Ontario
      • US Mid-continent
      • West Coast
      • US Rockies
      • US Midwest and Ontario
      • US Mid-continent and Gulf coast
      • West coast
      • East coast
      • Diluent for transportation
    • Maritime Canada
  • Quality
    • Marketed crude streams
      • Oil sands
      • Western Canada
      • Maritime Canada
    • Crude quality outlook
      • Oil sands
      • Western Canada
      • Maritime Canada

In this report there are 23 tables or charts, including:

  • Executive summary
    • Total Canada oil/NGL production outlook and world ranking
  • Policy and regulation
  • Supply
    • Supply: Image 1
    • Western Canada risks to production
    • Maritime Canada risks to production
    • Total Canada oil/NGL production outlook to 2035
    • Oil sands oil/NGL production outlook to 2035
    • Oil sands infrastructure and fields
    • Oil sands key projects
    • Western Canada oil/NGL production outlook to 2035
    • Western Canada infrastructure and fields
    • Western Canada key projects
    • Maritime Canada oil/NGL production outlook to 2035
    • Maritime Canada key projects
    • Maritime Canada infrastructure and fields
    • Supply: Table 4
    • Supply: Image 11
    • Supply: Image 12
  • Infrastructure
    • Map showing some WCS routes to market
  • Quality
    • Key marketed crude streams
    • Key crude stream characteristics in 2015
    • Oil sands quality outlook
    • Western Canada quality outlook
    • Maritime Canada quality outlook
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