Crude oil and natural gas: Supply and disposition, July 2015
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Released: 2015-10-09
Canada produced 19.7 million cubic metres of crude oil and equivalent products in July, up 7.0% from the same month a year earlier.
Chart 1
Production of crude oil and equivalent products
Non-conventional production increases
The year-over-year increase in the production of crude oil and equivalent products in July was led by crude bitumen, up 21.3% to 7.4 million cubic metres and synthetic crude oil, up 14.8% to 5.4 million cubic metres.
These gains were partially offset by declines in light and medium crude oil, down 13.9% to 3.8 million cubic metres, and heavy crude oil, down 7.8% to 2.1 million cubic metres.
Chart 2
Production of crude oil and equivalent by type of product
Exports move higher
Total exports of crude oil and equivalent products for July were 14.4 million cubic metres, up 1.9% from the same month in 2014. At the same time, imports of crude oil and equivalent products to refineries increased 8.2% to 3.0 million cubic metres.
Chart 3
Exports and imports of crude oil and equivalent products
Inventories increase
Inventories of crude oil and equivalent products rose 4.0% from the same month a year earlier to 19.6 million cubic metres in July. Closing inventories from transporters (pipeline companies) increased by 5.8% to 17.3 million cubic metres, while closing inventories from fields and plants declined 8.1% to 2.3 million cubic metres.
Chart 4
Inventories of crude oil and equivalent products
Marketable natural gas increases
Canadian natural gas utilities received 11.8 billion cubic metres of total marketable gas in July, up 4.9% from the same month in 2014. At the same time, exports of natural gas by pipelines to the United States from Canada rose 5.8% to 6.2 billion cubic metres, while imports of natural gas were down 31.9% to 1.1 billion cubic metres.
Additional information on natural gas is available in The Daily release "Natural gas transportation and distribution" published on September 29, 2015.
Note to readers
Data are subject to revision.
Data for June has been revised.
Crude oil and equivalent products includes heavy, light and medium, synthetic, 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 in the provinces and territories 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; infostats@statcan.gc.ca) or Media Relations (613-951-4636; statcan.mediahotline-ligneinfomedias.statcan@canada.ca).
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