Search results
The average annual price of WCS in 2023 was US$58.97 per barrel (bbl), a decrease of 22% from 2022. In the base-case, the WCS price is forecast to rise to US$61.50/bbl in 2024, increasing to US$64.00/bbl in 2025 and reaching US$70.63/bbl by 2033.
May 24, 2024 · Updated - May 24, 2024. WCS oil price. Oil prices are measured in US dollars per barrel as reported by Western Canada Select (WCS), the price obtained for many Alberta producers of oil, and West Texas Intermediate (WTI), a world reference price usually quoted in the media. On this page: Alberta API. Alberta Economic Dashboard.
Oilprice.com, in cooperation with its partners, offers over 150 crude oil blends and indexes from all around the world, providing users with oil price charts, comparison tools and smart...
Oil par prices. The following par prices are used to determine the royalty volume payable to the Crown. Explore pages in:
- In Summary
- Production in 2019
- Forecast For 2020 to 2029
Crude oil production in 2019 totalled 76.9 thousand cubic metres per day (103 m3/d) or 483.9 thousand barrels per day (103bbl/d). Significant reductions in drilling activity due to market access and policy uncertainty, along with conservative capital spending programs, led to a year-over-year decrease in production. Based on the forecast cases for ...
Production in 2019 slightly declined in response to a decrease in capital spending programs affected by market access and policy uncertainty, declining to a total of 76.9 103 m3/d (483.9 103 bbl/d). This is 1 per cent lower than 77.3 103 m3/d (486.4 103bbl/d) in 2018. The decline in production was driven by a decrease in the number of wells placed ...
Figure S4.2 shows the average daily production of crude oil by density. Based on the forecast cases for oil prices, total crude oil production is expected to decrease from 76.9 103 m3/d (483.9 103 bbl/d) in 2019 as producers grapple with sustained low prices. Production is expected to decrease to between 70.6 103 m3/d (444.3 103 bbl/d) and 72.9 103...
Nov 1, 2022 · Selected Crude Oil Prices November 2022 (Canadian dollars per cubic metre) Note: No prices are reported on weekends and American statutory holidays. Did you find what you were looking for? Date modified: 2022-12-14. Date Exchange Rate WTI Cushing Brent.
People also ask
Why are Alberta's Crude oil prices so low & high?
Which Alberta region has the highest crude oil production?
What is the Alberta oil production forecast?
How are oil prices measured?
This page introduces the oil price indices West Texas Intermediate (WTI) and Western Canadian Select (WCS). These are both important oil price benchmarks.
