Country Report

Canadian Oil Sands upstream summary

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Canada's oil sands are one of the world's largest single petroleum deposits - estimated to hold between 1.5 and 2.5 trillion barrels of in-place bitumen. The Alberta Energy Regulator (AER) has estimated remaining established reserves of 165.4 billion barrels, placing Canada alongside Saudi Arabia and Venezuela as one of the largest reserve holders globally. Canada enjoys a position as a strategically important source of reserves and production. Furthermore, in contrast to its ...

Table of contents

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
    • Introduction
    • Structure
    • Reservoirs
    • Western Canadian sedimentary basin
    • Athabasca Oil Sands
      • Overburden
      • Colorado Group
      • Grand Rapids Formation
      • Clearwater Formation
      • McMurray Formation
      • Devonian
    • Cold Lake Oil Sands
      • McMurray Formation
      • Wabiskaw Formation
      • Clearwater Formation
    • Licensing
    • Regulation
  • Reserves and resources
    • Oil/Liquids
    • Production Techniques
    • Introduction
    • Oil infrastructure
    • Upgrading
    • Hubs
    • Athabasca Region
    • Cold Lake Region
    • Trunk Lines
      • The pipeline graveyard
    • Diluent Transport Lines
    • 1 more item(s)...
    • Capital costs
      • Capital expenditure by location
      • Capital expenditure by development status
    • Operating costs
      • Operating expenditure by location
      • Operating expenditure by development status
    • Key legislation
    • Oil Sands Conservation Act
      • Purposes of Act
    • Alberta Environmental Protection and Enhancement Act
    • Regulatory body
    • Alberta Energy Regulator (AER)
      • Vision and Mission
      • Mandate
    • Canadian Energy Regulator (CER)
    • Impact Assessment Agency of Canada
    • Licensing
    • 4 more item(s)...
    • Current fiscal terms
    • Upstream
    • Mid/Downstream
      • Pipelines
      • Gas Utilisation
    • Current Fiscal Terms
      • Bonuses, rentals and fees
      • Royalty and other production taxes
      • Corporate (or Petroleum) Income Tax
    • Historical background
    • Pre-1990s
    • 1990s
    • 2000s

Tables and charts

This report includes the following images and tables:

  • Liquids Production
  • Key facts: Table 1
  • Canadian Oil Sands Index Map
  • Canadian Oil Sands Detail Map
  • Reserves and contingent resources at 01/01/2024
  • Liquids and Gas Production 2025
  • Capital Expenditure 2025
  • Net Acreage 2024
  • Reserves and resources: Table 1
  • Reserves and resources: Table 2
  • Reserves and resources: Table 3
  • Production: Table 1
  • 17 more item(s)...

What's included

This report contains:

  • Document

    Country Overview

    PDF 1.55 MB

  • Document

    Country Overview

    XLS 793.50 KB