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Quarterly capital spending: Oil and gas industries, fourth quarter 2019

Released: 2020-02-28

Capital expenditures in the oil and gas extraction industries, including spending on exploration and evaluation, declined 3.1% to $8.3 billion in the fourth quarter. For the full year, capital expenditures totalled $34.2 billion, down 10.3% from $38.1 billion spent in 2018.

  Note to readers

Revised capital expenditure data for the oil and gas extraction industries will be published in June 2020.

Data in this release are seasonally adjusted and are expressed in current dollars unless otherwise specified.

For information on seasonal adjustment, see Seasonally adjusted data – Frequently asked questions.

Contact information

For more information, contact us (toll-free 1-800-263-1136; 514-283-8300; STATCAN.infostats-infostats.STATCAN@canada.ca).

To enquire about the concepts, methods and data quality of this release, contact Pierre-Louis Venne (613-853-2107; pierre-louis.venne@canada.ca), Investment, Science and Technology Division.

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