As reported by the Alberta Energy Regulator (AER), Alberta’s oil production was 3.93 MMb/d in April 2024, a record for the month (rightmost stacked bars in chart below). This was a decrease of 113 Mb/d from March, but a significant 402 Mb/d higher than a year ago. Oil output in the month was partly handicapped by turnaround operations in the oil sands which affected both non-upgraded bitumen (green bars) and synthetic crude oil (red bars).
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- Analyst Insight
Alberta Sets New Crude Oil Production Record for May; Year-on-Year Growth Plowing Ahead
Despite heavy turnaround work in the oil sands, Alberta set another record in terms of May oil production, led, as usual, by the oil sands.
- Analyst Insight
Alberta Sets New Crude Oil Production Record for June; Year-on-Year Growth Powers Ahead
Alberta's crude oil production set a record for the month of June driven by more growth in bitumen and synthetic crude oil.
- Analyst Insight
Alberta Sets New Crude Oil Production Record for July; Year-on-Year Growth Decelerates
Alberta's oil output recovered to 4 MMb/d in July, led by gains in synthetic crude oil;. With turnarounds complete in the oil sands, August crude production might possibly set an all-time record north of 4.2 MMb/d.
