Conventional Oil Statistics
| 2007 Statistics (unless othewise stated) | |
| Initial volume in-place | 66.3 billion barrels |
| Remaining established reserves | 1.5 billion barrels |
| Remaining ultimate potential | 3.9 billion barrels |
| Successful oil wells drilled | 1,769 wells |
| Wells drilled (all types) | 16,702 wells |
| Production | 525,000 barrels per day |
| 2007/2008 Royalties | $1.6 billion |
| Investment (upstream conventional oil and gas) | $115 billion (2000-2006) |
1,860,000 = barrels of Canadian crude exported to U.S. daily
2,623,000 = barrels of Canadian crude produced daily (2006 statistics)
1 = Canada’s rank as supplier of imported crude oil and refined products to U.S.
U.S. Sources of Crude Oil and Refined Product Imports - Thousand barrels per day/2007 average. (Source: U.S. DOE.EIA)
- Canada – 2,426
- Mexico – 1,533
- Saudi Arabia – 1,489
- Venezuela – 1,362
- Nigeria – 1,132
- Algeria – 670
- Angola - 507
- Iraq - 485
- Russia - 413
- Virgin Islands - 346
