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

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Released: 2016-02-09

Canada produced 19.2 million cubic metres of crude oil and equivalent products in November, up 3.6% 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

Production of crude oil rises

In November, the increase in the production of crude oil and equivalent products was led by crude bitumen, up 22.9% to 7.0 million cubic metres, while synthetic crude oil rose 0.6% to 5.0 million cubic metres.

Partially offsetting these gains were declines in light and medium crude, down 15.2% to 4.0 million cubic metres, and heavy crude oil, down 8.0% to 2.0 million cubic metres.

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

Exports are up

Exports of crude oil and equivalent products totalled 14.6 million cubic metres in November, up 4.5% from the same month in 2014, while imports to Canadian refineries edged up 0.3% to 2.7 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 2.8% to 20.1 million cubic metres in November compared with the same month a year earlier. Closing inventories from transporters (pipeline companies) rose 5.6% to 17.5 million cubic metres, while closing inventories from fields and plants declined 12.7% to 2.6 million cubic metres.

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

Marketable natural gas down

Canadian natural gas utilities received 12.7 billion cubic metres of total marketable gas in November, down 2.0% from the same month in 2014. Exports of natural gas by pipelines to the United States from Canada declined 6.4% to 6.3 billion cubic metres, while imports of natural gas were down 12.7% to 1.5 billion cubic metres.

Additional information on natural gas is available in The Daily release "Natural gas transportation and distribution" published on January 22, 2016.

  Note to readers

Data are subject to revision.

Crude oil and equivalent products include heavy, light and medium crude oil, synthetic crude oil, 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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