Fractured Oil: Western Canada Metrics

April 3, 2025
5 min read
Western Canada
Production Volumes
Montney Formation
Viking Formation
Duvernay Formation
Charlie Lake Formation
Palliser Block
Bakken Formation

Research Overview

This analysis brings together key fractured oil production metrics and growth projections from seven major players – Veren, Whitecap, TAQA, Teine, Torxen, Tamarack, and Baytex – operating in Alberta, Saskatchewan, and British Columbia. The data highlights robust production levels, clear economic viability, and a detailed breakdown of oil types fueling Western Canada's fracked oil boom.

Key Findings

  • Total current production from fractured operations is around 215,000 BPD of oil.
  • Projected production boost of about 30,000 BPD over the next 24 months.
  • Weighted average breakeven sits at roughly US$40 per barrel (≈C$50).
  • Light and medium oil make up 85% of output, with condensate at 10% and heavy oil at just 5%.

Dive into the tabs below for a detailed breakdown by company, economic insights, and oil type distribution. Check out the interactive map to see the major production hubs across Western Canada.

Current Production

215,000 BPD

Fractured oil only (excluding gas/NGL)

Expected Growth

+30,000 BPD

Projected increase over next 24 months

Sources and Methodology

Data compiled from public sources including financial reports, press releases, and investor presentations from Veren, Whitecap, TAQA, Teine, Torxen, Tamarack, and Baytex. Figures reflect fracture-stimulated oil activities only and exclude oil sands or unfractured heavy oil.

Disclaimer

The content provided on this platform has been compiled with the assistance of AI tools and is based on publicly available materials.Read more