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Oil & Gas Technology Report

Oil Sands - Thematic Research

Oil sands development is driving Canada’s oil and gas industry

Oil sands are rich sources of bitumen, an extra-heavy hydrocarbon, that can be extracted using unconventional techniques. Deposits found in Alberta, Canada are among the largest in the world.

  • What you need to know...
  • Backed by favorable government policy initiatives, production from oil sands has soared considerably over the past decade, enabling Canada to emerge as the fourth largest crude producer in 2018, after the US, Russia, and Saudi Arabia.
  • Oil sands production contributed to around 67% of the country’s total crude oil production in 2018.
  • However, pipeline capacity constraints for transporting the crude produced from oil sands has somewhat delayed further progress of the oil and gas industry in Canada.

But the industry faces an environmental backlash

GlobalData’s Oil Sands – Thematic Research report discusses this further and analyses the impact of oil sands as a theme on the oil & gas industry.

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