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Canada's Oil Sands: highlights from Q4 2014 results

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09 March 2015

Canada's Oil Sands: highlights from Q4 2014 results

Report summary

The headline story from this quarter is the impact of low oil prices. Western Canada Select (WCS) saw an unprecedented drop from a monthly average of US$78/bbl in September to US$43/bbl in December. The value of upgraded synthetic crude oil (SCO) slipped down 22% over the quarter. New project start-ups at Husky and BP's Sunrise,  Nexen's Kinosis, and Imperial Oil's Cold Lake Nabiye projects will continue to drive further production increases in 2015 as volumes ramp up.

Table of contents

Tables and charts

This report includes 6 images and tables including:

  • Canada's Oil Sands: highlights from Q4 2014 results: Image 1
  • Reported price realisations
  • Canada's Oil Sands: highlights from Q4 2014 results: Image 3
  • Mining production flat on aggregate at 883,000 b/d in Q4
  • Canada's Oil Sands: highlights from Q4 2014 results: Image 5
  • Canada's Oil Sands: highlights from Q4 2014 results: Image 6

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    Canada's Oil Sands: highlights from Q4 2014 results

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