Wednesday July 23, 2014

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Another record-setting year for Sask. oil production

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Saskatchewan’s oil patch set new records in 2013, and in some categories, the oil industry surpassed benchmarks that had been established just the year before.

The province’s oil production for the 2013 calendar year was 177.9 million barrels (487,400 barrels per day), up from the previous record of 172.9 million barrels (472,500 barrels per day) set in 2012. 

Drilling activity was robust, with a total of 2,433 horizontal oil wells drilled, a new record that surpasses the 2,036 horizontal wells drilled in 2012.

“These records reflect the hard work of the men and women employed in Saskatchewan’s oil industry” Energy and Resources Minister Tim McMillan said.  “The importance of the oil industry cannot be understated, as a top employer and exporter it contributes positively to communities throughout our province.”

A total of 3,371 oil wells were drilled in 2013, the third best year ever for drilling. This figure ranks behind only 2011 (3,528 oil wells) and 1997 (3,608 oil wells). 

The Lloydminster and Kindersley/Kerrobert areas accounted for almost two-thirds of all drilling in 2013.

Please watch this week's edition of Lifestyles for more on this story.


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