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Oil Production

Saskatchewan is the second largest oil producer in Canada and the sixth largest in North America. In 2015, the province produced 486,000 barrels of oil per day and shipped about 65% of that production to the United States.

The province has estimated oil reserves of almost 1.2 billion barrels, refining and upgrading capacity, and an extensive network of pipelines. Saskatchewan is home to a significant portion of the Bakken Formation, one of the largest conventional oil plays in North America.

Source: Ministry of Energy and Resources

Highlights

  • In April 2019, oil production in Saskatchewan increased by 1.3% compared to April 2018.
  • Comparing April 2019 to April 2018, Estevan had the highest production growth rate of 16.2%, among the four regions. Also, heavy oil production saw the largest increase of 7.4% during this period.

More information on the Ministry of Energy and Resources' oil and gas statistics can be found here.

Note:  By Type Production volumes do not contain Recovered Crude Oil volumes. Total Production volumes and By Area Production volumes contain Recovered Crude Oil volumes since Mar 2012.

Source: Ministry of Energy and Resources

Source: Ministry of Energy and Resources

Released: June 25, 2019

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