Basic Statistics

CAPP provides basic statistics that provide a broad overview of Canada's upstream oil and natural gas industry.

Crude Oil Statistics

Crude Oil 2015 2014
Conventional Oil Reserves







(Barrels)
n/a







4.1M







Conventional Oil Production







(Barrels per day)
1.3M 1.4M







Prices – WTI @ Cushing on Nymex







(US$/bbl)
$48.80 $92.99
Exports – Crude Oil, Condensates, Pentanes, etc. **







(Barrels per day)
3.2M 2.8M
Imports – Crude Oil







(Barrels per day)
745,000 636,000
Canadian Consumption of Refined Products







(Barrels per day)
1.8M 1.9M







** includes conventional and non-conventional

Oil Sands Statistics

Oil Sands 2015 2014
Capital Spending







(In situ, Mining and Upgrading)
$23.0B $33.9B
Payments to Province







(Provincial Royalties)
n/a $5.8B
Mining Reserves – Year End







(Barrels)
n/a 32.5B







In Situ Bitumen Reserves







(Barrels)
n/a 134.3B







Mining Production







(Barrels per day)
1.1M







995,000
In Situ Production







(Barrels per day)
1.3M







1.2M







Upgrader Capacity







(Barrels per day)
1.3M







1.3M







Industry Revenues







n/a $69.9B

Natural Gas Statistics

Natural Gas 2015 2014
Reserves – Year End







(Cubic feet)
n/a 70.5T
     
Production







(Cubic feet per day)
15.0B







14.8B







Pricing – Nymex Henry Hub







(US$/mmbtu)
$2.61 $4.37
Pricing – AECO Index







(C$/mmbtu)
$2.77 $4.42
Exports







(Cubic feet per day)
7.5B  7.6B







Canadian Consumption







(Cubic feet per day)
8.6B 8.6B







World Energy Statistics

The following statistics are from the International Energy Agency (IEA) and are current as of January 2015.

  • Global demand for energy is expected to rise by 33% by 2035 as economies in both developed and emerging countries continue to grow and the standard of living improves in the developing world. 
  • According to the International Energy Agency, the world will need to invest $48 trillion in energy supplies from 2013 to 2035. 
  • Meeting increased energy demand will require an increasingly diverse energy supply base - continuing reliance on conventional petroleum resources, unconventional hydrocarbons (oil sands, shale gas, natural gas from coal, etc), alternatives (solar, wind, nuclear, hydro, etc) - as well as improved energy efficiency across all sectors of the economy. 
  • "... fossil fuels continue to meet the bulk of the world's energy needs ..." 

Canadian Oil and Natural Gas Statistics (2014)

  • 1.4 million barrels per day of conventional oil production
  • 2.2 million barrels per day of oil sands production
  • 14.8 billion cubic feet per day of natural gas production
  • $81 billion in capital spending
  • $17 billion in taxes and royalties paid to governments per annum
  • Oil and gas industry currently supports 500,000 jobs across Canada
  • Oil sands are forecasted to create 790,000 new jobs by 2038 (Canadian Energy Research Institute - 2014)
  • Oil and gas industry current comprises about 12% of the Toronto Stock Exchange

Oil Sands CO2 Statistics

  • Oil sands industry contributes about 8.5% of Canada’s total GHG emissions
  • Oil sands industry accounts for just over 0.12% of global GHG emissions
  • Today oil sands fuel is around 9% more GHG intensive that the average crude oil consumed in the United States (IHS CERA)
  • On a well-to-wheel (lifecycle) basis, oil sands crude has a similar intensity to other heavy oils consumed in the United States (IHS CERA)
  • Emissions in 2013 were 62 megatonnes (Environment Canada)
  • Oil sands GHG emissions have declined 30 per cent per barrel from 1990 to 2013
  • Current Government of Alberta regulations require GHG emission reductions of 15% (from a year 2000 baseline average)