Canadian Crude Oil and Natural Gas Production, Supply Costs, Economic Impacts and Emissions Outlook (2019-2039)
Study Released July 22, 2019
As part of an annual update, this study examines Canada’s conventional crude oil and natural gas industries, including production forecasts, supply costs and GHG emissions profiles over the next 20 years. This study covers onshore and offshore conventional oil, including shale and tight oil activity, conventional natural gas, coalbed methane, tight and shale gas, and the associated natural gas liquids (pentanes plus and condensate only), but does not include oil sands. Also, to updating the production costs and production forecasts, economic impact analysis on Canadian and the US economies is presented.