AAPG Memoir 74, Chapter 8: Petroleum Resources of Canada in the Twenty-First Century,
by K. Skipper,
Pages 109 - 135
from: AAPG Memoir 74: Petroleum Provinces of the
Twenty-first Century, Edited by Marlan W. Downey, Jack C. Threet, and William A. Morgan
Copyright 
2001 by The American Association of Petroleum Geologists.
All rights reserved.
Chapter 8
Petroleum Resources of Canada
in the Twenty-first Century
Keith Skipper
Antrim Energy Inc., Calgary, Alberta, Canada
ABSTRACT
Remaining reserves of marketable crude 
oil
and natural gas in Canada are more than 1.43
billion [109] m3 (9 billion bbl) and 1.84 trillion [1012]
m3 (65 trillion cubic feet [tcf]), respectively. These reserves enable current
annual extraction rates of 127 million m3 (800
million bbl) of oil and 170 billion m3 (6 tcf)
of natural gas, mainly from the mature Western Canada Sedimentary Basin. In the new
millennium, expanded contributions to production capacity will come initially from the
Mesozoic Jeanne d'Arc Basin (e.g., Hibernia and Terra Nova oil) offshore Newfoundland and
from basins off Nova Scotia (e.g., Sable Island gas). In northern Alberta, additional
investment in exploiting the Cretaceous oil sands will enhance the production of upgraded
(synthetic) crude oil, bitumen, and heavy oil.
