Insight
Canada's oil sands: two projects kick off in Q4 2019
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
A tumultuous 2019 for Canada’s oil sands ended with a relatively quiet Q4. Price collapse at the outset of the year, followed by government mandated production curtailment eased at the end of 2019. Prices remained relatively stable in Q4 overall, with minor declines in Western Canada pricing. Crude-by-rail exports reached 2019 highs in December as operators take advantage of the reduced curtailment and Special Production Allowance announced by the Alberta government.
Table of contents
- Executive summary
- Benchmark crude prices
- WCS prices
- Bitumen and SCO realisations
- Curtailment update
- In situ production
- Mining production
- Crude-by-rail
Tables and charts
This report includes the following images and tables:
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Benchmark pricingBenchmark price performanceHistorical WCS pricing
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Realised pricingIn situ projects producing >35 kb/dIn situ projects producing <35 kb/dMining project productionCrude by rail
What's included
This report contains:
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