Saskatchewan’s oil production in November 2019 crested the half million barrel per day (bpd) mark, at 501,259 bpd.
It was actually down from 512,622 bpd in October, but up from the 477,911 bpd in September.
And, as of November, Saskatchewan produces more heavy oil than we do light oil, while medium oil production remains flat.
That’s according to numbers reported by the Ministry of Energy and Resources at the dashboard.saskatchewan.ca website.
For most the last eight years, Saskatchewan’s production has remained essentially flat, right around those levels. Provincial production has remained within a range of about 537,000 bpd (an all-time high) in December 2014, to 447,000 bpd in June 2016, but usually closer to 480,000 bpd to 500,000 bpd.Â
There was a noticeable shift year over year in oil production. The province is divided up into four production areas – Estevan, Swift Current, Kindersley and Lloydminster. The Estevan area’s production declined 5.7 per cent year over year, from 169,086 bpd to 159,463 bpd. Swift Current was essentially flat, going from 57,626 bpd to 57,513 bpd. Kindersley area production picked up 3.5 per cent, going from 105,195 bpd to 108,916 bpd. And Lloydminster had a mirror image gain compared to Estevan, picking up 5.7 per cent to for from 165,865 bpd to 175,380 bpd.
That change is roughly the equivalent of the addition of a Husky thermal facility, which is designed for about 10,000 bpd.Â
When it comes to oil types, heavy oil production went up 5.4 per cent year over year, from 199,950 bpd to 210,789 bpd. Medium oil production differed by only a few hundred barrels per day, going from 90,799 bpd to 90,369 bpd, a decrease of .50 per cent. Light oil production saw a decline of 3.4 per cent. It dropped from 206,298 bpd to 199,312 bpd.
Overall the split is 42.1 per cent heavy oil, 18.1 per cent medium oil, and 39.8 per cent light oil.