Insight
Canada upstream in brief
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
What's inside this report?
- Corporate news: What’s caught the team’s attention in the headlines this month
- Deep dive: Expert analysis from our dedicated team on the most exciting developments in the sector – from M&A activity to new exploration to geopolitical developments
- What to watch: What to expect from the Canadian upstream sector over the next few months
Report summary
The Canada upstream in brief provides our expert opinion and analysis of the top upstream stories as they unfold. We have a dedicated team of experienced industry analysts covering all regions of Canadian upstream activity – Oil Sands, Western Canada Sedimentary Basin, Arctic, and offshore East Coast. We primarily focus on: exploration and appraisal drilling, project developments, production, licensing, fiscal and regulatory changes, geopolitics, and corporate and M&A activity.
Table of contents
- Recent insights
- Deal activity
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LNG Canada Phase 2 FID sharpens focus on investment-grade feedgas supply
- Mackenzie Monsour, 29 September, 2026
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Tourmaline's Topaz sale signals confidence in long-term basin fundamentals
- Ayisha Zia, Mackenzie Monsour, 23 September 2026
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Canada Investment Summit: ambition on display
- Jonah Resnick, 15 September 2026
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Parallax sold to newly formed Avenrock as PE owners cycle in and out
- Mark Oberstoetter, 14 September 2026
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Tamarack Valley and Headwater consolidate the Clearwater in $10 billion merger
- Mackenzie Monsour, 8 September 2026
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Ovintiv strengthens in Alberta Montney
- Mark Oberstoetter, 27 August 2026
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Evolution of Western Canada's LPG transportation network
- Swetha Sivaswamy, 19 August 2026
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Q2 2026 Canadian gas results preview
- Mackenzie Monsour, 18 August 2026
- Canadian oil sands majors’ Q2 2026 results takeaways
- Ayisha Zia, 6 August 2026
- Mark Oberstoetter, 13 July 2026
- Mackenzie Monsour, 7 July 2026
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Canada – Alberta progress oil pipeline infrastructure
- Jonah Resnick, 3 July 2026
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East Canada: Call for bids in the Orphan Basin, Flemish Pass and Salar Basin
- Calum Knowles and Jonah Resnick, 8 June 2026
- 41 more item(s)...
Tables and charts
This report includes the following images and tables:
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WCSB gas production from investment grade operatorsOperator portfolios by existing and future international pricing exposureWCSB gas operators' shareholder returns
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List of oil and gas projects in summit prospectusTamarack Valley and Headwater acreage in the ClearwaterMap of Advantage and Ovintiv Alberta MontneyGas price realisations (excluding derivatives)Corporate distributionsCanadian oil sands majors’ sources and uses of cash flow - H1 2026Great Divide quarterly performanceOil sands transaction production per flowing barrel metrics since 2015
- 97 more item(s)...
What's included
This report contains:
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