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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Kerm Yerman who wrote (664)	10/27/1996 9:37:00 AM
From: Kerm Yerman	of 24928

CANADIAN OILPATCH / CDN PRODUCTION Crude Oil Production by Type and Markets Crude oil and equivalent (conventional crude oil, synthetic oil, bitumen and pentanes) increased by almost three per cent in 1995 from 1994. In continuing with recent trends, light oil and pentanes declined by one per cent, while oil sands and conventional heavy oil production increased by almost 10 per cent. Crude oil and equivalent does not include propane, butane and ethane, which added another 420 thousand barrels per day in 1995. Exports of crude oil to the United States in 1995 increased by almost nine per cent, accounting for 53 per cent of Canadian production. Canada is the third largest source of U.S. imports of crude oil after Saudi Arabia and Venezuela. Almost half of Canadian imports come from the North Sea. ------------------------------------------------------------------------ Statistical Information: Oil Production by Type and Markets (thousand bbls/day) 1991 1992 1993 1994 1995 By Province Alberta 1364 1406 1458 1504 1531 British Columbia 39 41 41 40 42 Saskatchewan 215 230 258 297 318 Other 46 54 61 63 70 --------------------------------------------------------------------- Total 1664 1731 1818 1906 1961 By Type Light/Pentanes 980 990 1057 1086 1076 Synthetic 226 237 244 262 279 Bitumen/Heavy 457 506 521 543 606 Markets Domestic 922 932 918 950 923 Exports 742 799 900 956 1038 --------------------------------------------------------------------- Total 1664 1731 1818 1906 1961 --------------------------------------------------------------------- --------------------------------------------------------------------- Natural Gas Production and Markets Canadian natural gas production increased by seven per cent to 5,388 billion cubic feet (bcf) in 1995 largely due to a 10 per cent increase in exports, to 2,813 bcf. Canadian imports now account for approximately 14 per cent of the United States' natural gas consumption. Natural gas exports are a major contributor to Canada's trade balance. ------------------------------------------------------------------------ Statistical Information: Natural Gas Production & Markets (bcf/yr) 1991 1992 1993 1994 1995 By Province Alberta 3169 3510 3928 4247 4402 British Columbia 490 521 583 620 684 Saskatchewan 228 233 236 259 263 Other 29 36 35 38 39 -------------------------------------------------------------------------- Total 3916 4300 4782 5164 5388 Markets Domestic 2324 2293 2525 2596 2575 Exports 1592 2007 2257 2568 2813 -------------------------------------------------------------------------- Total 3916 4300 4782 5164 5388 The above statistics were provided by (CAPP) Canadian Association of Petroleum Producers.

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