Crude oil and natural gas: Supply and disposition

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Production of crude oil and equivalent hydrocarbons reached 12.4 million cubic metres in February, 5.4% higher than in February a year earlier.

A 9.9% increase in crude oil production in Alberta offset a 4.2% decline in offshore output in Newfoundland and Labrador, which was the result of maintenance on the Hibernia Oil field. Alberta accounted for about 70% of the country's total production.

Exports of crude oil and equivalent hydrocarbons rose 5.0% between February 2006 and February 2007 to almost 8 million cubic metres. Nearly two-thirds (65%) of Canada's total production went to the export market.

Natural gas sales increased 12.9% to 8.6 billion cubic metres, led by a 14.7% gain in commercial sector sales. Respondents to the natural gas sales survey cited colder temperatures as the cause of the increase.

Sales of marketable natural gas rose a more modest 1.2% from February last year. Exports of natural gas, which accounted for 67.3% of marketable natural gas, were 22.2% higher.

Available on CANSIM: tables 126-0001 and 131-0001.

Definitions, data sources and methods: survey number 2198.

Note: Preliminary data are available on CANSIM at the national level up to February 2007 inclusive. At the national and provincial level, detailed information is available for crude oil (126-0001) up to December 2006 inclusive, and for natural gas (131-0001) up to December 2006 inclusive.

For more information, or to enquire about the concepts, methods or data quality of this release, contact the dissemination officer (toll-free 1-866-873-8789; 613-951-9497; energ@statcan.gc.ca), Manufacturing, Construction and Energy Division.

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