Alberta Conventional Oil Statistics

2015 Statistics (unless otherwise stated)
Initial volume in-place 82.9billion barrels
Remaining established reserves 1.8 billion barrels
Remaining ultimate potential 19.7 billion barrels
Wells placed on production 1,060 wells
Production 526,716 barrels per day
2015/2016 Non-renewable resource revenue $2.8 billion
2015/2016 Conventional crude oil royalties $689 million
Investment (upstream conventional oil and gas) $17 billion (2015)

3,869,469 = average barrels of Canadian crude (including bitumen) produced daily in 2015 according to the National Energy Board (NEB). Of this, approximately 22 per cent is from conventional crude oil.

Canada is the highestranked as supplier of imported crude oil and refined products to the United States.

2015 U.S. Sources of Crude Oil and Refined Product Imports - Thousand barrels per day (United States Department of Energy - Energy Information Administration).

  • Canada 3,765
  • Saudi Arabia 1,059
  • Venezuela 827
  • Mexico 758
  • Russia - 371
  • Iraq -229
  • Angola -136
  • Algeria 108
  • Nigeria 81
  • Norway - 61