Alberta boosts crude oil production

Pipelines delivered 8.9 million cubic metres of crude oil to Canadian refineries and upgraders in July, up 15%

Mario Toneguzzi is a Troy Media reporter based in CalgaryStatistics Canada says the production of crude oil and equivalent products rose in July to the highest level so far this year.

In a report released on Friday, the federal agency said production was up 2.2 per cent to 23.2 million cubic metres (145.8 million barrels). 

“The increase was attributable primarily to synthetic crude oil production, up 23.1 per cent to 6.1 million cubic metres, compared with July 2018, when maintenance and repairs limited production at an Alberta oil sands facility. Equivalent products, up 6.4 per cent to 2.2 million cubic metres, also contributed to the overall rise in July,” it said.

“The increase in production of crude oil and equivalent products was partially offset by declines in non-upgraded crude bitumen (-6.5 per cent), heavy crude oil (-5.5 per cent), and light and medium crude oil (-1.7 per cent).”

StatsCan said Alberta produced 18.9 million cubic metres of crude oil and equivalent products in July, up 3.3 per cent from the same month a year earlier, and accounted for 81.3 per cent of total Canadian production.

“Following scheduled maintenance work in May and June, the average daily production of crude oil and equivalent products in Alberta increased 1.2 per cent month-over-month to 608.1 thousand cubic metres per day in July. This was the highest level of average daily production in 2019. Saskatchewan (10.0 per cent of total production) and Newfoundland and Labrador (5.0 per cent of total production) were also key producing provinces in July,” it said.

“Pipelines delivered 8.9 million cubic metres of crude oil to Canadian refineries and upgraders in July, up 15.1 per cent from the same month a year earlier, with two-thirds (66.5 per cent) of the total volume delivered to refineries and upgraders in the Western provinces.

“In July, exports of crude oil and equivalent products rose 11.5 per cent to 19.5 million cubic metres, compared with the same month in 2018. The increase was driven largely by exports to the United States via pipelines, which were up 9.5 per cent to 16.6 million cubic metres. Pipelines were the primary mode of transport, accounting for 85.1 per cent of total exports. Meanwhile, exports to the United States by other means (rail, truck and marine) were up 45.9 per cent to 2.4 million cubic metres. Exports to other countries decreased in July . . . Imports of crude oil and equivalent products were down 7.9 per cent year over year to 3.7 million cubic metres.”

Statistics Canada said Canadian marketable natural gas production totalled 576.1 million gigajoules in July, up 1.5 per cent from the same month a year earlier. Production of natural gas was concentrated in Alberta (71.0 per cent) and British Columbia (27.2 per cent).

© Troy Media


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