Oil Production

Conventional and non-conventional oil produced in Alberta. Non-conventional oil includes both unprocessed bitumen and synthetic oil.

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Oil Production (thousand m3)

Trend % CHANGE
Oil Production (thousand m3)
TREND: INC DEC NO CHG POS NEG

Analysis

PUBLISHED - Mar 1, 2017

Oil production in Alberta was 15.2 million cubic metres in December 2016, up 2.9% compared to December 2015. Non-conventional (or oil sands) production constituted 84.8% of all oil production in Alberta during December 2016. Production of non-conventional was up 4.9% while conventional oil saw a decline of 7.1% on a year-over-year basis. Over the 2016 calendar year, oil production fell 0.6% compared to 2015, with non-conventional production increasing 1.6% and conventional production falling 10.4%.