Canadian Oil Sands Production Forecast

Discover the latest insights into Alberta's oil sands, one of the largest oil deposits on Earth with reserves estimated at 165 billion barrels. In this video, we explore the three main oil sands deposits in Alberta—Athabasca, Cold Lake, and Peace River—and the two key extraction methods: Surface Mining and In Situ (SAGD & CSS).

Learn about the current production trends and forecasts from Incorrys, which predicts a slowing growth rate as new large-scale mining projects wrap up. We break down the expected growth of in situ projects, which are set to dominate future production due to their scalability and lower capital costs.

Get a detailed look at the top players in the industry, including Suncor Energy, Cenovus Energy, and Canadian Natural Resources Limited, and their roles in both mining and in situ extraction. With production expected to peak by 2029, this video provides a comprehensive overview of what lies ahead for Canada's oil sands industry.

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