Data from the Oil and Gas Extraction Survey for 2023 is now available. The Oil and Gas Extraction Survey provides data on financial, income and balance sheet information as well as operating statistics of establishments in the oil and gas extraction industry.
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Note to readers
The Annual Oil and Gas Extraction Survey program disseminates its data in tables 25-10-0064-01 (Oil and gas extraction capital expenditures and expenses) and 25-10-0065-01 (Oil and gas extraction revenues, expenses and balance sheet), starting with the 2015 reference year.
The oil and gas extraction industry includes establishments engaged primarily in operating oil and gas field properties. This includes the production and extraction of oil from oil shale and oil sands.
Oil and gas extraction (formerly known as conventional oil and gas extraction) includes establishments engaged primarily in the production of petroleum or natural gas from wells in which the hydrocarbons will initially flow or can be produced using normal pumping techniques.
Oil sands extraction (formerly known as non-conventional oil and gas extraction) includes establishments engaged primarily in producing crude oil from surface shales, oil sands, or reservoirs in which the hydrocarbons are semisolids and conventional production methods are not possible.
Crude oil and equivalent products include crude oil, crude bitumen, synthetic crude oil and condensate.
Natural gas by-products include ethane, propane, butane and pentanes plus. Elemental sulphur is not included.
Other assets include all assets not reported as either current or capital assets.
Other liabilities include all liabilities not reported as either a current liability or long-term debt.
Equity includes common shares, preferred shares, retained earnings and all other equity.
The Annual Oil and Gas Extraction Survey uses respondent and administrative data.
Data are subject to revisions. Oil and gas extraction data are revised on an annual basis to reflect new information provided by respondents and updates to administrative data.
Data in this release are not seasonally adjusted.
Reference
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 (statcan.mediahotline-ligneinfomedias.statcan@statcan.gc.ca).