actualforecast Hydro, wind, and other renewables NGLs Coalbed methane Conventional natural gas Mined and in situ bitumen Conventional heavy oil Conventional L&M oil Coal Figure 1. Total energy production in Alberta
Figure 2
Figure 3. same as 3.23
Figure 4 same as Total gas production in Alberta actualforecast
Figure 5. Alberta Conventional Crude Oil Production and Price Source: Prices - CAPP Statistical Handbook EUB Prorationing Plan (restricted production) Major Oil Field Discoveries 1947 – Leduc 1948 – Redwater 1949 – Golden Spike 1952 – Bonnie Glen 1953 – Pembina 1957 – Swan Hill 1959 – Judy Creek 1959 – Swan Hill South Rainbow Major Events Affecting Price 1973 – Oil Embargo 1979 – Iranian Revolution 1980 – Iran / Iraq War 1986 – OPEC Crumbles 1990 – Gulf War 1998 – Asian Econ. Crisis 2001 – 9 / – Iraq War Petroleum and Natural Gas Conservation Board (EUB) created to enforce production standards Export Pipelines 1950 – Interprovincial Pipeline (Enbridge) 1953 – Trans Mountain Pipe Line
Figure 6. Alberta mined bitumen and synthetic crude oil production and price Cdn$/cubic metre Great Canadian Oil Sands (Suncor) Startup Syncrude Startup Alberta Oil Sands Project Startup
Figure 7. Alberta in situ bitumen production and price Cdn$/cubic metres
Figure 8. Historical natural gas production and price Gas prices as a by-product of oil production. Price less than replacement cost Arbitration awards price increase Regulated gas price tied to oil prices. Surplus built up Price deregulation Surplus gas drives down prices PGT expansion Late 1998: Northern Border/TCPL expansion 2000: Alliance Pipeline Hurricanes Katerina and Rita hit U.S. Gulf Coast Foothills Pipe Lines built for gas exports to California and the mid-western U.S. 1956: TransCanada Pipelines built to take Alberta gas to central Canada and the U.S. after debate over its charter in Parliament
Figure 9. Sulphur closing inventories in Alberta and price
1898 – Expansion of railway network (coal and oil fired steam engines) and growth of population 1952 – Beginning of change to diesel-electric trains 1960 – Steam rail era ends Late1960’s – Beginning of exports to Japan for steel industry 1970’s – increase in coal-fired electric generation 1950’s – Crude oil and natural gas replace coal as energy source of choice Coal remained “King Coal” until huge reservoirs of crude oil and natural gas were discovered Figure 10. Historical coal production and price Australian-Japan contract price for thermal coal ( Australian Bureau of Agricultural and Resource Economics - ABARE) Late 1990’s – mine closures and reduced coal exports due to depressed coal prices
Figure 1.1 OPEC crude basket reference price 2006
Figure 1.3 Price of WTI at Chicago actualforecast High Low
Figure 1.4 Average price of oil at Alberta wellhead actualforecast High Low
Figure Average monthly reference prices of Alberta crudes Figure average monthly reference prices in Alberta
Figure 1.7 Average price of natural gas at plant gate actualforecast high low
Figure 1.8 Alberta Wholesale Electricity Prices actualforecast
Figure 1.10 Canadian economic indicators
Figure 1.11 Alberta real investment actualforecast
ATHABASCA COLD LAKE PEACE RIVER Figure 2.7. Production of Bitumen in Alberta, m 3 /d Mined Bitumen In Situ
Figure 2.8. Alberta crude oil and equivalent production
Figure 2.9. Alberta crude bitumen production Surface mining In situ actualforecast
Figure Total in situ bitumen production and producing bitumen wells Production (10 3 m 3 /d)
Figure Alberta synthetic crude oil production Synthetic Crude Oil Synthetic crude oil actualforecast
Figure Alberta oil sands upgrading coke inventory Synthetic Crude Oil Oil Sands Plants – Coke Inventory
Figure Alberta demand and disposition of crude bitumen and SCO Synthetic Crude Oil Alberta demand (mainly SCO) actualforecast SCO removals from Alberta Nonupgraded bitumen removals from Alberta
Figure 3.1. Remaining established reserves of crude oil Heavy Light-medium
Figure 3.2. Annual changes in conventional crude oil reserves
Figure 3.3. Annual changes to waterflood reserves
Figure 3.4. Distribution of oil reserves by size Remaining reserves (10 3 m 3 ) Total number of pools (10 3 m 3 ) Initial reserves (10 3 m 3 )
Figure 3.5. Oil pool size by discovery year
Figure 3.7. Geological distribution of reserves of conventional crude oil
2006 Initial established reserves m Remaining established reserves m 3 Fig Regional distribution of Alberta oil reserves (10 6 m 3 )
Figure 3.9. Alberta’s remaining established oil Reserves versus cumulative production
Figure Growth in initial established reserves of crude oil Ultimate potential (3130) actualforecast Actual as of December 31, 2006
Figure Alberta successful oil well drilling By modified PSAC area 2005 Wells Drilled = Wells Drilled =
Total wells = 1956 Figure Oil wells placed on production, 2006 by modified PSAC area
Figure Initial operating day rates of oil wells placed on production, 2006 by modified PSAC area m 3 /day/well [bbl/day/well] 17.2 [109] 12.3 [77] 6.3 [39] 11.5 [72] 8.7 [55] 5.0 [32] 7.6 [48]
Figure Conventional crude oil production by modified PSAC area PSAC 8 PSAC 7 PSAC 5 PSAC 3 PSAC 4 PSAC 2 PSAC 1
Figure Total crude oil production and producing oil wells
Figure Crude oil well productivity in 2006
Figure Total conventional crude oil production by drilled year % of total production from oil wells Pre % 45% 7% 5% 3% 5% 4% 2% 4% 6% 7%
Figure Comparison of crude oil production Texas onshore Louisiana onshore Alberta crude oil
Figure WTI crude oil price and well activity actualforecast
actualforecast Figure Alberta daily production of crude oil Heavy Light-medium
Figure Capacity and location of Alberta refineries
actualforecast Figure Alberta demand and disposition of crude oil Crude oil removals from Alberta Alberta demand
Figure Alberta supply of crude oil and equivalent actualforecast Non upgraded bitumen Light-medium SCO Pentanes plus Heavy
Figure Alberta crude oil and equivalent production actualforecast
Figure 4.4 Coalbed methane production forecast from CBM wells actual forecast
Figure 5.1. Annual reserves additions and production of conventional marketable gas
Figure 5.2. Remaining conventional marketable gas reserves
Figure 5.3. New, development, and revisions to conventional marketable gas reserves
Figure 5.5. Distribution of conventional gas reserves by size Remaining reserves (10 9 m 3 ) Total number of pools (10 6 m 3 ) Initial reserves (10 9 m 3 )
Figure 5.6. Conventional gas pools by size and discovery year
Figure 5.7. Geological distribution of conventional marketable gas reserves
Figure 5.8. Remaining conventional marketable reserves of sweet and sour gas Sweet natural gas Sour natural gas
Figure 5.9. Expected recovery of conventional natural gas components
Ultimate potential based on 2004 study Figure Conventional gas ultimate potential Remaining reserves Production
Figure Conventional gas in place by geological period
Figure Successful conventional gas wells drilled and connected
Figure Marketable gas production by modified PSAC area PSAC 6 PSAC 4 PSAC 5 PSAC 2 PSAC 3 PSAC 1 Gas from oil wells PSAC 7 PSAC 8 % of total production Connection year 2% 4% 3% 12% 4% 20% 39% 6% 10%
Figure Conventional marketable gas production and number of producing wells
Figure Natural gas well productivity in 2006
Pre Gas from oil wells Figure 5.21 Raw gas production by connection year % of total production from gas wells 3 Connection year
Figure Comparison of raw natural gas production Texas onshore Louisiana onshore Alberta
Figure 5.23 Average initial natural gas well productivity in Alberta
Figure Alberta natural gas well activity and price actualforecast
Figure Conventional marketable gas production actualforecast Tcf
Figure Gas production from bitumen upgrading and bitumen wells used for oil sands operations actualforecast
Figure Total gas production in Alberta actualforecast
Figure Alberta natural gas storage injection/withdrawal volumes
Figure Alberta marketable gas demand by sector Reprocessing plant shrinkage Transportation Electricity generation Other industrial Industrial - petrochemical Industrial – oil sands Residential Commercial actualforecast
Figure Historical volumes “available for permitting”
actual forecast Mining and Upgrading In Situ In Situ Cogeneration Mining and Upgrading Cogeneration Figure Purchased natural gas demand for oil sands operations
Figure Gas demand for bitumen recovery and upgrading actualforecast Purchased gas Produced gas from bitumen Process gas from upgrading* * Some m 3 of process gas not shown on this chart is used for electricity generation ( ).
actual forecast Process Gas for Mining/Upgrading Produced Gas from Bitumen Wells for In situ Recovery Purchased Gas for In situ Recovery Purchased Gas for Electricity Cogeneration Purchased Gas for Mining/Upgrading Process Gas for Electricity Cogeneration Figure Total Purchased, Process and Produced Gas for Oil Sands Production
actualforecast Tcf Figure Total marketable gas production and demand 25%24%28%36%44%
Figure 6.1. Remaining established NGL reserves expected to be extracted from conventional gas and 2006 annual production
Figure 6.2. Remaining established reserves of conventional natural gas liquids
Figure 6.3. Schematic of Alberta NGL flows Alberta Gas & NGL Market Alberta Gas & NGL Market - NGL Mix - Ethane - Propane - Butanes - Pentanes Plus Field Plants Field Plants Marketable Gas Raw Gas Extraction Plant - Ethane - Propane - Butanes - Pentanes Plus Chicago, IL Other Canadian Markets Other Canadian Markets US Markets Alberta Border Crude Oil Fractionation Plants - Ethane - Propane - Butanes - Pentanes Plus Propane Butanes Straddle Plants - NGL Mix - Ethane - Propane - Butanes - Pentanes Plus Oil Pools Refineries Alliance High Pressure Pipeline Gas Pools Gas Pools Sulphur Battery Dry Gas NGL Mix Spec product Rich gas R R R R Point royalties collected Dry or rich gas
Figure 6.4. Ethane supply and demand 10 3 m 3 /d Actual Forecast
Figure 6.5. Propane supply from natural gas and demand 10 3 m 3 /d Actual Forecast * excludes solvent flood volumes
Figure 6.6. Butanes supply from natural gas and demand 10 3 m 3 /d Actual Forecast * excludes solvent flood volumes
Figure 6.7. Pentanes supply from natural gas and demand for diluent 10 3 m 3 /d Actual Forecast * excludes solvent flood volumes demand met by alternative sources and types of diluent
Figure 7.1. Sources of sulphur production Sour gas Refining and upgrading
Figure 7.2. Sulphur production from gas processing plants in Alberta
Figure 7.3. Sulphur production from oil sands
Figure 7.4. Canadian sulphur offshore exports
Figure 7.5. Sulphur demand and supply in Alberta Alberta demand Removed from Alberta Stockpile actualforecast Stockpile Withdrawal Total Demand Production
Figure 8.1 Total coal production Subbituminous Bituminous thermal Bituminous metallurgical
million tonnes actualforecast Figure 8.3 Alberta marketable coal production Subbituminous Thermal bituminous Metallurgical bituminous
actualforecast Figure 9.1. Alberta electricity generating capacity
actualforecast Figure 9.2. Alberta electricity generation
Figure 9.3. Alberta electricity transfers
Figure 9.4. Alberta electricity consumption by sector actualforecast
9.5. Alberta oil sands electricity generation and demand * Industrial – oil sands historical data on electricity demand was estimated using an assumption of 10 kWh/bbl for in situ oil sands projects that do not operate cogeneration units. actualforecast Potential generation Demand