Saskatchewan’s top 10 oil producers
January 11, 2021
January 11, 2021
Regina – Husky Energy, which was acquired by Cenovus Energy, had been Saskatchewan’s top oil producer for the first 11 months of 2020.
According to the Saskatchewan Ministry of Resources, from January to November, 2020, Husky produced 31.7 million barrels of oil. It has been the dominant player in northwest Saskatchewan. That will now revert to Cenovus, as of Jan. 1, when the deal closed.
Crescent Point Energy Corp. came in second, at 27.7 million barrels. Crescent Point is the leading player in southeast and southwest Saskatchewan, and an active driller in west central Saskatchewan.
Whitecap Resources Inc. was third at 15.8 million barrels. Whitecap is active in southeast and southwest Saskatchewan.
Teine Energy Ltd. came in fourth at 9.2 million barrels. Teine is the leading driller in west central Saskatchewan.
Baytex Energy Ltd. is also active in west central and northwest Saskatchewan. It came in fifth at 8.3 million barrels.
Serafina Energy Ltd.’s operations are centred in the Meota area, north of North Battleford. Despite being so tightly focused, they still came in at sixth with 6.1 million barrels.
Canadian Natural Resources Limited, one of Canada’s largest oil producers, is active in northwest and southeast Saskatchewan. It had 5.8 million barrels for seventh place, despite doing minimal drilling for the past several years.
Vermillion Energy Inc. has operations around the world. In Saskatchewan, their focus is in the southeast. They came in at eighth with 5.5 million barrels.
In recent days, Whitecap closed its acquisition of Torc Oil & Gas Ltd., as well as NAL Resources. Torc came in at 5.3 million barrels for ninth place, while NAL did not place. Both Torc and NAL had operations in southeast Saskatchewan.
In tenth spot, IPC Canada Ltd. produced 3.3 million barrels. They are active in northwest Saskatchewan.
By Brian Zinchuk, Local Journalism Initiative reporter, ESTEVAN MERCURY