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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


  • In March 2024, oil production in Saskatchewan remained about the same compared to March 2023.
  • Comparing March 2024 to March 2023, Estevan production decreased by 2.0%, Swift Current production decreased by 6.8%, Kindersley production decreased by 3.7% and Lloydminster production increased by 4.8%.
  • Comparing March 2024 to March 2023, light oil production decreased by 4.0%, medium decreased by 6.6%, and heavy increased by 5.1%.

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 06, 2024


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