Saturday, May 26, 2012

Oil sand production by country

Out of curiosity and boredom, I have investigated the claim that most oil sands oil is produced by foreign companies. I did this by getting the production by company at the Oilsands Review and then splitting them up by home country. There's a paywall, but you can sign up for a free two week trial.

Results? In the first three months of 2011, 57% of oil sands production came from Canadian companies, 30% from American companies and the remaining 13% from 7 other countries: the Netherlands, the UK, China, Japan, France, Norway and Thailand. The often criticized Chinese stake in the oil sands produced 2.2% of the total. Details after the break.
Production by company for first 3 months of year.
Note incomplete data for 2012.
So the data doesn't seem to be complete for the first three months of 2012, as shown in the second table. I think companies have just not posted their numbers yet, since I'd probably have heard if companies like Shell and CNRL had gone from a hundred thousand barrels a day to nothing over the last year. Because of this, I did the country summation in the first graph on the 2011 data. China's production has grown in the 2012 numbers since CNOOC's has started producing. I also included Husky's production as Canadian, even though some would call it Chinese because the biggest share holder is a Hong Kong billionaire. Feel free to move its production to the China column if you are so inclined.

Note that Total E&P has confused my table again. I plan to start a petition to change the name to something less devastating to the clarity of my Excel tables. Please let me know if you're interested in joining.

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