Leading Production
Canada is...
- The 3rd largest producer of natural gas in the world.
- Ranked 6th worldwide in the production of crude oil.
- The 5th largest energy producer in the world.
Reserve Potential
- Canada's proven oil reserves, totaling 175 billion barrels, are the 3rd largest in the world.
- The country's total output of oil is expected to grow to 3.5 million barrels per day by 2015, and 4.7 million barrels per day by 2025.
Western Canada and Saskatchewan...
- Western Canada accounts for 91 percent of Canada's oil production and 94 percent of Canada's natural gas production.
- Saskatchewan is the 2nd largest oil-producing province, generating approximately 17 percent of all Canadian crude oil production. In 2010, 154 million barrels of oil were produced from Saskatchewan.
- By the end of 2010, Saskatchewan's estimated recoverable oil reserves were approximately 1 billion barrels.
- Saskatchewan's recoverable oil reserves continue to grow through enhanced recovery technologies such as horizontal drilling and multi-stage fracing.
- Saskatchewan is the 3rd largest natural gas-producing province in Canada. In 2010, Saskatchewan produced 240 billion cubic feet of natural gas.
- By the end of 2010, Saskatchewan's estimated remaining recoverable gas reserves totals 2.8 trillion cubic feet.
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