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Canada's oil sands: two projects kick off in Q4 2019

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06 March 2020

Canada's oil sands: two projects kick off in Q4 2019

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 8 images and tables including:

  • Benchmark pricing
  • Benchmark price performance
  • Historical WCS pricing
  • Realised pricing
  • In situ projects producing >35 kb/d
  • In situ projects producing <35 kb/d
  • Mining project production
  • Crude by rail

What's included

This report contains:

  • Document

    Canada's Oil Sands Q4 2019.xlsx

    XLSX 385.17 KB

  • Document

    Canada's oil sands: two projects kick off in Q4 2019

    ZIP 1.14 MB

  • Document

    Canada's oil sands: two projects kick off in Q4 2019

    ZIP 1.17 MB

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