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Crude oil and natural gas: Supply and disposition, March 2015

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Released: 2015-06-09

Canada produced 19.4 million cubic metres of crude oil and equivalent products in March, up 3.3% compared with the same month in 2014.

Chart 1  Chart 1: Production of crude oil and equivalent products
Production of crude oil and equivalent products

Production of crude bitumen and synthetic crude oil increases

The increase in crude oil and equivalent products in March was led by crude bitumen, up 10.2% to 6.5 million cubic metres, and synthetic crude oil, up 10.0% to 5.3 million cubic metres, compared with the same month in 2014. Increased production of crude oil and equivalent products was partially offset by a 10.0% decline in light and medium crude oil to 4.4 million cubic metres.

Chart 2  Chart 2: Production of crude oil and equivalent, by type of product
Production of crude oil and equivalent, by type of product

Higher exports and imports of crude oil

Total exports of crude oil and equivalent for March were 14.6 million cubic metres, up 3.4% from the same month in 2014. At the same time, imports of crude oil and equivalent increased 13.8% to 2.9 million cubic metres.

Chart 3  Chart 3: Exports and imports of crude oil and equivalent products
Exports and imports of crude oil and equivalent products

Quarterly changes in crude oil

For the quarter ending March 31, production of crude oil and equivalent products increased 7.2% from the same quarter a year earlier to 57.5 million cubic metres.

Chart 4  Chart 4: Quarterly production and exports of crude oil and equivalent products
Quarterly production and exports of crude oil and equivalent products

Compared with the first quarter of 2014, exports of crude oil and equivalent products rose by 7.0% to 43.2 million cubic metres, while imports of crude oil and equivalent products edged up 0.9% to 8.3 million cubic metres.

Marketable natural gas declines

Canadian natural gas utilities received 13.2 billion cubic metres of marketable gas in March, down 1.3% from the same month in 2014. At the same time, exports of natural gas to the United States from Canada rose 9.1% to 7.4 billion cubic metres, while imports of natural gas declined 8.9% to 2.5 billion cubic metres.

Quarterly changes in natural gas

For the quarter ending March 31, Canadian natural gas utilities received 39.9 billion cubic metres of marketable gas, down 3.0% from the same quarter in 2014. Compared with the first quarter of 2014, exports of natural gas to the United States from Canada edged up 0.6% to 22.4 billion cubic metres, while imports of natural gas declined by 9.0% to 7.1 billion cubic metres.

  Note to readers

Data are subject to revision.

The Crude Oil and Natural Gas survey uses respondent data as well as administrative data provided by federal, provincial and territorial authorities responsible for the regulation of crude oil and natural gas production in the provinces and territories within their respective jurisdictions.

Export data are a combination of National Energy Board and survey data reported by respondents.

Except for crude oil production, all crude oil numbers include crude oil, condensate and pentanes plus.

Total marketable gas includes gas received from fields and processing or reprocessing plants after re-injection, field uses, processing plant and reprocessing plant shrinkage, plant use and losses have been deducted.

Additional information on natural gas is available in The Daily release "Natural gas transportation and distribution" published on May 26.

Contact information

For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; infostats@statcan.gc.ca) or Media Relations (613-951-4636; statcan.mediahotline-ligneinfomedias.statcan@canada.ca).

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