Insight
Canada's oil sands: policy changes drive the Q3 news
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Q3 marked the end of the price rally seen in H1 2019, but the main story of Q3 was government policy changes. Curtailment limits have eased, but the programme has been extended into 2020. To provide relief, the Alberta government has increased threshold production amount, added a special production allowance and announced production from new conventional oil wells drilled in 2020 will be excluded from curtailment. The newly elected minority Federal Liberal government confirmed its support for the TransMountain Pipeline expansion. The Alberta government announced its new carbon program, and Suncor made a big investment announcement that will help it meets it's emission goals.
Table of contents
- Executive summary
-
Benchmark crude prices
- WCS prices
- Bitumen and SCO realisations
- Curtailment update
-
In situ production
- Mining production
- Crude by rail
- Other significant events
Tables and charts
This report includes the following images and tables:
-
Benchmark pricingIn situ projects producing >35 kb/dIn situ projects producing <35 kb/d
-
Benchmark price performanceHistorical WCS pricesRealised pricingMining project productionCrude by rail
What's included
This report contains:
Other reports you may be interested in
Insight
Reverse engineering: oil sands pipelines before projects
Which companies and projects drive future growth potential in Canada's oil sands if new pipelines can materialize?
$1,350
Asset Report
Athabasca Oil Sands Project
The Athabasca Oil Sands Project (AOSP) is located in the Athabasca oil sands region in northeastern Alberta. AOSP currently consists of ...
$6,900
Country Report
Canadian Oil Sands upstream summary
Canada's oil sands are one of the world's largest single petroleum deposits - estimated to hold between 1.5 and 2.5 trillion ...
$11,340
