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Locator: 50985COVID.
How many IPOs 2015 to 2020 compared with how many IPS from 2023 to today, June 16, 2026?
With another 180 Mb/d of pipeline capacity out of the Western Canadian Sedimentary Basin (WCSB) expected online by late next year, and potentially another 1.7 MMb/d of capacity being proposed over the next several years (excluding a new pipeline to the West Coast of Canada), WCSB producers are looking to grow their crude oil production. With no shortage of resources to develop in the oil sands, in today’s RBN blog, we look at all the Alberta oil sands growth projects currently proposed over the next several years.
In Part 1 of this series, we discussed the drivers behind WCSB crude oil production nearly doubling from 2010 to 2025, as well as its seasonal trends. In Part 2, we reviewed the major pipeline projects that expanded capacity to move barrels out of the WCSB up to this point, how the timing of those projects matched up with supply growth, and current export pipeline capacity. In Part 3, we examined how WCSB crude oil price discounts are impacted by pipeline scarcity and production seasonality. In Part 4, we looked at where WCSB crude oil goes, how it gets there, and how its end markets have evolved over time. Finally, in Part 5 ,we reviewed all the projects in the works to expand crude oil pipeline capacity out of the WCSB.
