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Wednesday, June 2, 2004

Crude oil and natural gas

March 2004 (preliminary)

Crude oil production in March 2004 rose 8.2%, the 11th consecutive monthly year-over-year increase. Crude oil exports, which accounted for 59.4% of total production, decreased 4.1% compared with March 2003.

The year-to-date production of crude oil rose 10.0% over the same period last year, while crude oil exports were also on the rise, increasing 7.3% over the same period.

Marketable natural gas production declined 3.1% over March 2003. Natural gas exports, which accounted for 63.3% of total marketable production, increased 4.1% while domestic sales decreased 8.1%.

Year-to-date marketable natural gas production increased by 1.8% over the same period last year. Natural gas exports rose 1.7% and domestic sales declined 0.3%.

Crude oil and natural gas
  March 2003 March 2004 March 2003 to March 2004
  thousands of cubic metres % change
Crude oil and equivalent hydrocarbons1      
Production 11 680.7 12 634.5 8.2
Exports 7 825.9 7 508.2 -4.1
Imports2 5 234.1 4 651.6 -11.1
Refinery receipts 9 377.4 9 540.5 1.7
  millions of cubic metres % change
Natural gas3      
Marketable production 14 772.4 14 315.6 -3.1
Exports 8 713.8 9 068.3 4.1
Canadian domestic sales4 8 110.7 7 457.4 -8.1
  Jan. to March 2003 Jan. to March 2004 Jan.-March 2003 to Jan.-March 2004
  thousands of cubic metres % change
Crude oil and equivalent hydrocarbons1      
Production 34 021.1 37 436.2 10.0
Exports 21 429.5 22 984.8 7.3
Imports2 13 539.8 13 599.1 0.4
Refinery receipts 26 692.7 27 229.0 2.0
  millions of cubic metres % change
Natural gas3      
Marketable production 43 935.1 44 747.3 1.8
Exports 26 752.5 27 213.3 1.7
Canadian domestic sales4 25 676.8 25 595.9 -0.3
1.Disposition may differ from production because of inventory change, industry own-use, etc.
2.Crude oil received by Canadian refineries from foreign countries for processing. Data may differ from International Trade Division (ITD) estimates because of timing differences and the inclusion of crude oil landed in Canada for future re-export in the ITD data.
3.Disposition may differ from production because of inventory change, usage as pipeline fuel, pipeline losses, line-pack fluctuations, etc.
4.Includes direct sales.

Available on CANSIM: tables 126-0001 and 131-0001.

Definitions, data sources and methods: survey number 2198.

Preliminary data on crude oil and natural gas at the provincial level for March 2004 are available.

For more information, or to enquire about the concepts, methods or data quality of this release, contact the dissemination officer (1-866-873-8789; 613-951-9497; energ@statcan.gc.ca), Manufacturing, Construction and Energy Division.


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Date Modified: 2004-06-02 Important Notices