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Facts and figures on Canadian oil and gas production and investment

October 12, 201411:13 AM The Canadian Press0 Comments

OTTAWA – Some facts and figures about Canada’s oil and gas sector:

Foreign direct investment through eight months 2014: $19.6 Billion

Record annual foreign direct investment: $25.6 Billion, 2007

Canadian crude oil production 2006: 2.65 million barrels per day

Canadian crude oil production 2013: 3.46 million barrels per day

Percentage of Canadian oil production from Alberta: 78 per cent, 2013

Percentage of Canadian energy production going to U.S.: 98 per cent

Canada sits third in the world, behind Venezuela and Saudi Arabia, in proved oil reserves.

Canada sits fifth in the world in production of natural gas.

Source: Natural Resources Canada, U.S. Energy Information Administration

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