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

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Released: 2015-11-09

Canada produced 20.2 million cubic metres of crude oil and equivalent products in August, up 10.6% from the same month a year earlier.

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

Non-conventional production increases

The increase in the production of crude oil and equivalent products in August was led by synthetic crude, up 29.4% from the same month a year earlier to 5.7 million cubic metres, and crude bitumen, up 16.6% to 7.4 million cubic metres.

These increases were partially offset by an 8.2% decline in the production of light and medium crude oil to 3.9 million cubic metres, and a 6.7% decrease in heavy crude oil to 2.1 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

Exports move higher

Total exports of crude oil and equivalent products increased 9.8% from the same month a year earlier to 15.7 million cubic metres in August. At the same time, imports of crude oil and equivalent products to refineries increased 4.5% 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

Inventories increase

Inventories of crude oil and equivalent products were up 5.3% from the same month a year earlier to 19.9 million cubic metres in August. Closing inventories from transporters (pipeline companies) increased by 6.0% to 17.4 million cubic metres, while closing inventories from fields and plants increased 0.8% to 2.5 million cubic metres.

Chart 4  Chart 4: Inventories of crude oil and equivalent products
Inventories of crude oil and equivalent products

Marketable natural gas increases

Canadian natural gas utilities received 11.9 billion cubic metres of total marketable gas in August, up 4.9% from the same month in 2014. At the same time, exports of natural gas by pipelines to the United States from Canada rose 0.5% to 6.1 billion cubic metres, while imports of natural gas were down 10.5% to 1.2 billion cubic metres.

Additional information on natural gas is available in The Daily release "Natural gas transportation and distribution" published on October 28, 2015.

  Note to readers

Data are subject to revision.

Crude oil and equivalent products includes heavy, light and medium, synthetic, crude bitumen, condensate and pentanes plus.

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

Import data include only imports of crude oil to refineries.

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.

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 within their respective jurisdictions.

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; STATCAN.infostats-infostats.STATCAN@canada.ca) or Media Relations (613-951-4636; STATCAN.mediahotline-ligneinfomedias.STATCAN@canada.ca).

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