Alberta has 39% of Canada's remaining conventional oil reserves, offshore Newfoundland 28% and Saskatchewan 27%, but if oil sands are included, Alberta's share is over 98%. Provincial Sales Tax information for oil and gas producers and contractors. Natural gas is a naturally occurring hydrocarbon composed primarily of methane, though it may also contain varying amounts of natural gas liquids (ethane, propane, butane, and pentane) and non-energy components. Government of Saskatchewan is not responsible for any damage or issues that may possibly result from using translated website content. 2015 was also a major year of achievement for the United States oil and gas industry, becoming the ninth-largest oil reserves and the fifth-largest natural gas reserves… The main areas and reserves are along the western border in the Beacon Hill, Kindersley and Hatton areas. Mike Priaro, B.Eng.Sc. Remaining recoverable oil reserves are 1.2 billion barrels (193.9 million cubic metres). Cenovus and Husky announcement. Join the special meeting of shareholders December 15, 2020. Read oil and gas news, bulletins, reports, and schedules of Crown Land Sales. Help us improve, First Nations, Métis and Northern Citizens, Housing – Renting, Owning and Developing, Agriculture, Natural Resources and Industry, COVID-19 Information for Businesses and Workers, Environmental Protection and Sustainability, First Nations, Métis, and Northern Community Businesses, Housing Development, Construction and Property Management, Cabinet, Ministries, Agencies and Other Governments, Educational Institutions and Child Care Facility Administration, Health Care Administration and Provider Resources, Legislation, Maps and Authenticating Notarized Documents, Oil and Gas News, Bulletins, Statistics and Reports, Remaining recoverable oil and gas reserves. 1. Find a government service and access your Saskatchewan Account. Find services and information for Saskatchewan residents and visitors. The heavy oil is even harder to recover than light oil, and even the latest recovery technologies recover only about 10 to 20 %. Notes: ~88% light oil & NGLs. Review all public health measures. A number of pages on the Government of Saskatchewan's website have been professionally translated in French. Saskatchewan is not exceptionally well‐endowed with oil land gas reserves, It is endowed with a new provincial governmeat interested in maximum exploitation of the reserves available. We need your feedback to improve saskatchewan.ca. Canada has the third largest oil reserves in the world and is the world's fourth largest oil producer and fourth largest oil exporter.In 2017 it produced an average of 667,747 cubic metres per day (4.2 Mbbl/d) of crude oil … Hydroelectricity. Google™ Translate is a free online language translation service that can translate text and web pages into different languages. Learn about the Government of Saskatchewan's oil and gas Crown royalty/tax programs, industry incentives, and how to report volumetric, valuation and infrastructure data to the province. (Chem. Saskatchewan produces 11% of Canada's oil, compared with Alberta's 80%, according to the Canada Energy Regulator. Find services and information for doing business in Saskatchewan. Learn more about us Special Meeting of Shareholders. Translations are made available to increase access to Government of Saskatchewan content for populations whose first language is not English. 2 Petroleum and other liquids Canada’s oil sands have significantly contributed to the recent and expected future growth in the world’s liquid fuel supply, and they comprise most of the country’s proved oil reserves, which rank third globally. Learn more about COVID-19 in Saskatchewan. Find a government service and access your Saskatchewan Account. Saskatchewan is the third-largest natural gas-producing province in Canada with 183.8 billion cubic feet of gas produced in 2018, and remaining recoverable reserves More than 50 First Nations in Saskatchewan could be suing the Government of Canada over mismanagement of oil and gas rights on … Case numbers are updated daily. There are approximately 36,500 active oil wells in the province. Oil reserves lie deeper in Alberta than in Saskatchewan, making extraction more expensive. ), P.Eng. Case numbers are updated daily. Government of Saskatchewan is not responsible for any damage or issues that may possibly result from using translated website content. In 2019, the province produced 177.9 million barrels of oil. Any person or entities that rely on information obtained from the system does so at his or her own risk. The Licensee Liability Rating Programmanages the financial risk to the Saskatchewan Oil and Gas Orphan Fund (SOGOF), in terms of a licensee's future costs to abandon and reclaim their wells and facilities, through the collection of security deposits. Find information about Crown land oil and gas dispositions in Saskatchewan. These translations are identified by a yellow box in the right or left rail that resembles the link below. All reserves information in this press release are gross reserves. Eng. The translation should not be considered exact, and may include incorrect or offensive language. This program will provide up to $400 million for the abandonment and reclamation of inactive oil and gas wells and facilities in Saskatchewan. Annual oil and gas reserve summary reports include information regarding: For more information on the 2016 oil and gas reserves, please read the IRIS TIP, or contact ER.ServiceDesk@gov.sk.ca. Find information about programs, directives and guidelines related to reporting and compliance for the oil and gas industry. He increased oil production from the historic Turner Valley oilfield and brought in underbalanced drilling and completion technology to drill out, complete and test several of the highest producing gas … In 2018, gas production was 183.8 billion cubic feet (5.2 billion cubic metres). The Ministry of Energy and Resources is a member of the Western Regulators Forum (WRF), which was established to promote collaboration and pursue mutual priorities among oil and gas regulators in Western Canada. Effective December 17, all private dwelling indoor gatherings are limited to immediate households only. The home page for French-language content on this site can be found at: Where an official translation is not available, Google™ Translate can be used. Original oil and gas in place; Remaining recoverable oil and gas reserves; Reservoir properties; For more information on the 2016 oil and gas reserves, please read the IRIS TIP, or contact ER.ServiceDesk@gov.sk.ca. The 5-year oil and gas summaries include information from the latest five years regarding: 5-Year Oil Reserve Summary Report (2009 to 2013), 5-Year Gas Reserve Summary Report (2010 to 2014), We need your feedback to improve saskatchewan.ca. Canada has 171 billion barrels of oil reserves, of which 165 billion barrels are oil sands reserves. Find how the Government of Saskatchewan governs and serves the province. If you have any questions about Google™ Translate, please visit: Google™ Translate FAQs. ARC is one of Canada’s leading conventional oil and gas companies with operations focused in the Montney resource play in Alberta and northeast British Columbia and the Pembina Cardium in Alberta. The translation should not be considered exact, and may include incorrect or offensive language. If you have any questions about Google™ Translate, please visit: Google™ Translate FAQs. With a couple of clicks you can search for the pools and fieldnames in your area of interest; or search by legal land location, project type and underlying zones. $4.5 billion – in industry spending on exploration and development in 2018. These online training courses support industries in their regulatory reporting requirements and activities through the Integrated Resources Information System (IRIS). The reserve information for TORC in the foregoing table is derived from the independent engineering report effective December 31, 2017 prepared by Sproule & Associates Limited (“Sproule”) evaluating the oil, NGL and natural gas reserves … Oil and Gas Incentives, Crown Royalties and Taxes. Saskatchewan is the second-largest oil producer in Canada and the sixth largest onshore producer in Canada and the United States. Find services and information for doing business in Saskatchewan. Some files or items cannot be translated, including graphs, photos and other file formats such as portable document formats (PDFs). Potential reserves are also found in Northern Canada, where an estimated 30 per cent of Canada’s conventional oil resources are located. The Athabasca oil sands, also known as the Athabasca tar sands, are large deposits of bitumen or extremely heavy crude oil, located in northeastern Alberta, Canada – roughly centred on the boomtown of Fort McMurray.These oil sands, hosted primarily in the McMurray Formation, consist of a mixture of crude bitumen (a semi-solid rock-like form of crude oil… Oil Reserve Summary Reports (2003 to 2016), Gas Reserve Summary Reports (2003 to 2016). The Government of Saskatchewan does not warrant the accuracy, reliability or timeliness of any information translated by this system. Saskatchewan is the #2 producer of oil in Canada after Alberta, and is also a major producer of natural gas. Some files or items cannot be translated, including graphs, photos and other file formats such as portable document formats (PDFs). The Government of Saskatchewan does not warrant the accuracy, reliability or timeliness of any information translated by this system. Companies to create a resilient … Natural Gas The province of Saskatchewan is the third largest natural gas producing province in Canada. Learn about Saskatchewan's oil and gas industry's abandonment and reclamation liability management programs - including the Licensee Liability Rating (LLR) Program, Orphan Well Program and Acknowledgement of Reclamation (AOR) Program - and how to apply. Get all the details. Software-based translations do not approach the fluency of a native speaker or possess the skill of a professional translator. The Alberta Energy Regulator includes low permeability non-shale oil and gas reserves (often considered as “tight” oil and gas) with conventional oil and gas reserves due to historical and administrative … The home page for French-language content on this site can be found at: Where an official translation is not available, Google™ Translate can be used. “Reserves” is the volume of oil or natural gas that can be recovered under current technical and economic conditions. A survey of senior executives last month by the Fraser Institute said Saskatchewan was Canada’s most attractive jurisdiction for upstream oil and gas investment. Oil Reserve Summary Reports (2003 to 2016) Gas Reserve Summary Reports (2003 to 2016) The 5-year oil and gas … Effective December 17, all private dwelling indoor gatherings are limited to immediate households only. Petroleum production in Canada is a major industry which is important to the economy of North America. The collected security deposit may be refunded to a licensee when eligible or forfeited to the SOGOF to carry out the abandonment and/or reclamation work required on beh… Google™ Translate is a free online language translation service that can translate text and web pages into different languages. Saskatchewan is the third-largest natural gas-producing province in Canada. In the year 2010 there were over 20,000 producing natural gas wells in the province. $750 million – in payments industry made for the use of Saskatchewan’s oil and natural gas resources in fiscal 2018/19. Saskatchewan's sale of oil and gas rights in the 2019-20 fiscal year has averaged C$506 ($383.78) per hectare, three-and-a-half times the average price in Alberta as of December, … Find services and information for Saskatchewan residents and visitors. These translations are identified by a yellow box in the right or left rail that resembles the link below. The province has estimated oil reserves of almost 1.2 billion barrels, refining and upgrading capacity, and an extensive network of pipelines. Of the known 648 oil pools and 175 gas pools in the region, 256 oil pools and 51 gas pools were chosen for reserve-growth analysis based on their adequate reserve data. Learn about the Government of Saskatchewan's oil and gas Crown royalty/tax programs, industry incentives, and how to report volumetric, valuation and infrastructure data to the province. A number of pages on the Government of Saskatchewan's website have been professionally translated in French. Production: Amount of crude oil or natural gas brought from underground to be sold; According to the International Energy Agency in 2015 Canada was: 3rd in crude oil reserves, after Saudi Arabia and Venezuela. These high-quality assets provide both stable long-life production and superior growth potential. Oil sands are found primarily in the Athabasca, Cold Lake, and Peace River regions of northern Alberta and Saskatchewan, Canada, and in areas of Venezuela, Kazakhstan, and Russia. The map shows the major petroleum-producing fields (or pools) of conventional natural gas, crude oil and the oil sands, as well as the extensive pipeline network. Read the news release. Software-based translations do not approach the fluency of a native speaker or possess the skill of a professional translator. Since the early 1800’s, the United States has been producing oil and gas, and by 2015, the United States was producing over 12 million barrels of oil and 767.3 cubic meters of natural gas per day. The province has estimated oil reserves of almost 1.2 billion barrels, refining and upgrading capacity, and an extensive network of … Learn about required environmental protection reporting for Saskatchewan's oil and gas industry. Any person or entities that rely on information obtained from the system does so at his or her own risk. Reserves were prepared by Sproule Associates Limited (“Sproule”) effective December 31, 2015 using the Sproule December 31, 2015 forecast prices and costs in accordance with National Instrument 51-101 – Standards of Disclosure of Oil and Gas Activities and the Canadian Oil and Gas Evaluation Handbook (the … Remaining recoverable gas reserves … The Bakken Formation (/ ˈ b ɑː k ən /) is a rock unit from the Late Devonian to Early Mississippian age occupying about 200,000 square miles (520,000 km 2) of the subsurface of the Williston Basin, underlying parts of Montana, North Dakota, Saskatchewan and Manitoba.The formation was initially described by geologist … Find how the Government of Saskatchewan governs and serves the province.