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1. www.cbc.ca › alberta-oil-production-1Alberta oil output hits new record as producers ramp up for ...

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   Jan 16, 2024 · Alberta averaged 3.8 million barrels per day of oil production in the first eleven months of 2023, up 1.6 per cent from 2022 and five per cent higher than the same period in 2021. Eight Capital ...

2. www.cbc.ca › news › canadaAlberta oil production 86.2% higher than it was in 2010

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   Aug 11, 2021 · The upswing is the continuation of a long-term trend, with production now 86.2 per cent higher than it was in 2010, ATB Economics said. Alberta oil production over the first six months of 2021 was ...

3. www.aer.ca › st98 › crude-oilCrude Oil Production - Alberta Energy Regulator

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   Forecast for 2024 to 2033. Based on the oil price forecast, total crude oil production is expected to increase from 81.4 10 3 m 3 /d (512.3 10 3 bbl/d) in 2023 to 91 10 3 m 3 /d (572.5 10 3 bbl/d) by 2026 as the number of new wells placed on production remains relatively elevated and producers are expected to take advantage of the Trans Mountain Pipeline Expansion.

4. financialpost.com › commodities › energyAlberta is on the verge of another boom — will it be more ...

   financialpost.com › commodities › energy

   Nov 10, 2021 · By some measures, the domestic oil industry has never had it better. “Oil production in Alberta has never been so valuable,” said Charles St-Arnaud, chief economist at Alberta Central, noting that the total value of the oil produced in Alberta reached $9 billion in the month of October alone, “another all-time high.”

   • Author: Geoffrey Morgan

5. globalnews.ca › news › 10229984Alberta oil production hits all-time record as producers ramp ...

   globalnews.ca › news › 10229984

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   Jan 16, 2024 · Alberta averaged 3.8 million barrels per day of oil production in the first eleven months of 2023, up 1.6 per cent from 2022 and five per cent higher than the same period in 2021.

6. www.oilsandsmagazine.com › news › 2024/1/9Alberta oil production finally tops 4 million barrels per day

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   Jan 10, 2024 · Last November marked the first time in Alberta’s history that oil production topped 4 million bbl/day. The previous record of 3.96 million bbl/day was set in November 2022. For the first 11 months of 2023, Alberta produced an average of 3.8 million bbl/day. The province produced an annualized record of 3.7 million bbl/day in 2022.

7. People also ask

   How much oil does Alberta produce a day?

   • The Alberta Energy Regulator says crude oil production in the province rose by 8.8 per cent in November to a new historic high of 4.2 million barrels per day. Alberta averaged 3.8 million barrels per day of oil production in the first eleven months of 2023, up 1.6 per cent from 2022 and five per cent higher than the same period in 2021.

   Alberta oil output hits new record as producers ramp up for Trans

   www.cbc.ca/news/canada/calgary/alberta-oil-production-1.7085565

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   Why did Alberta oil production hit an all-time record in November?

   • Alberta oil production hit an all-time record in November, as oilsands companies ramped up output to prepare for the imminent completion of the Trans Mountain pipeline expansion. The Alberta Energy Regulator says crude oil production in the province rose by 8.8 per cent in November to a new historic high of 4.2 million barrels per day.

   Alberta oil output hits new record as producers ramp up for Trans

   www.cbc.ca/news/canada/calgary/alberta-oil-production-1.7085565

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   Why has Alberta oil production soared higher this year?

   • (Kyle Bakx/CBC) Oil production in Alberta in the first half of this year has surged higher than it was in 2019 before the disruption of the pandemic and the collapse of energy prices, analysts say.

   Alberta oil production 86.2% higher than it was in 2010

   www.cbc.ca/news/canada/calgary/alberta-oil-oilsands-production-1.6137423

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   How much did Alberta oil exports cost in 2021?

   • With both production and prices higher than they were in 2020, the dollar value of international crude oil exports from Alberta was up $9.7 billion — 36.8 per cent higher over the first six months of 2021, ATB Economics said.

   Alberta oil production 86.2% higher than it was in 2010

   www.cbc.ca/news/canada/calgary/alberta-oil-oilsands-production-1.6137423

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   How did inflation affect oil production in Alberta?

   • Inflation continued to drive up capital and operating costs for oil production in Alberta, and the oil basins continued to mature which resulted in decline in productivity. In response to the lower prices, fewer new wells were placed on production in 2023, resulting in a modest 5% increase in crude oil production.

   Crude Oil Production | Alberta Energy Regulator

   www.aer.ca/providing-information/data-and-reports/statistical-reports/st98/crude-oil/production

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   Is Alberta's oil & gas industry rebounding?

   • Economists say the province’s oil and gas industry, buoyed by higher crude oil and natural gas commodity prices, is leading the growth, but the current rebound is not limited to higher oil and gas activity as other sectors including residential real-estate investment, manufacturing and services are also rebounding.

   Alberta is on the verge of another boom - Financial Post

   financialpost.com/commodities/energy/oil-gas/albertas-swagger-is-back-and-this-time-its-not-just-an-oil-led-boom

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8. www.thestar.com › business › alberta-oil-output-hitsAlberta oil output hits new record as producers ramp up for ...

   www.thestar.com › business › alberta-oil-output-hits

   Jan 16, 2024 · CALGARY - Alberta oil production hit an all-time record in November, as oilsands companies ramped up output to prepare for the imminent completion of the Trans Mountain pipeline expansion. Jan. 16 ...