2017 Crude Oil Annual Export Summary

In 2017, total crude oil exports from Canada reached 3.3 MMb/d (528.1 thousand m³/d) an increase of 6.5% from 2016. Canada exported 2.5 MMb/d (404.9 thousand m³/d) of heavy crude oil and 0.77 MMb/d (123.1 thousand m³/d) of light crude oil. The average price of Canada’s crude oil exports also increased 28% in 2017 resulting in an overall increase in crude oil export values. The crude oil export summary is presented below.

Table 1: Oil Export Summary

Table 1: Export Summary
  2013 2014 2015 2016 2017
Total Volume (10³m³/d) 415.74 453.70 483.99 492.72 528.05
Heavy 273.92 311.69 346.47 363.67 404.94
Light 141.82 142.01 137.52 129.05 123.11
Total Volume (Mb/d) 2 616.18 2 855.07 3 045.67 3 100.60 3 322.93
Heavy 1 723.73 1 961.41 2 180.26 2 288.51 2 548.22
Light 892.45 893.65 865.41 812.09 774.70
Total Average Price (C$/m³) 539.36 552.61 315.65 276.70 346.91
Heavy 489.83 518.65 290.23 252.05 326.36
Light 635.04 627.14 379.69 346.19 414.53
Total Average Price (US$/bbl) 83.17 79.67 39.40 33.25 42.50
Heavy 75.52 74.77 36.22 30.30 40.00
Light 97.94 90.42 47.41 41.55 50.72
Total Value (C$ Billions) 81.85 91.51 55.76 49.90 66.86
Heavy 48.97 59.00 36.70 33.55 48.24
Light 32.87 32.51 19.06 16.35 18.63

Notes:
m³= cubic metres
103m³/d = thousand cubic metres per day
106m³/d = million cubic metres per day
MMb/d = million barrels per day
Mb/d = thousand barrels per day
Bbl=barrels

Numbers may not add due to rounding

The data in this page are provided in Excel format (.XLSX) and are updated annually. Export data is filed with the Natural Energy Board (NEB) 30 days after the end of each month. For the latest export and import volume data, including updates and revisions, please see the Commodity Statistics reports and Crude Exports by Rail Statistics.

Contact cts-ssp@neb-one.gc.ca for further information.

Export Volumes

The NEB regulates the export of crude oil and petroleum products. Export orders or licences are required to export these commodities from Canada and holders of these authorizations report monthly volumes to the Board. The data that is reported to the Board is presented here.

Total crude oil exports in 2017 were 3.3 MMb/d (528.1 10³m³/d) an increase of 7% compared to 2016.

Heavy

In 2017, heavy crude oilFootnote 1 accounted for 77% of all crude oil exported from Canada. Since 2016, heavy crude oil exports increased 11% from 2.3 MMb/d to 2.5 MMb/d (363.7 10³m³/d to 404.9 10³m³/d). Over the past five years, heavy crude oil exports increased 48%.

Light

In 2017, 23% of exported crude oil was lightFootnote 2. In 2017, light crude oil exports decreased 6% from 0.81 MMb/d to 0.76 MMb/d (129.1 10³m³/d to 123.1 10³m³/d). Over the past five years, light crude oil exports decreased 13%.

Figure 1: Annual Heavy and Light Crude Oil Exports

Source and Description

Source: NEB’s Commodity Tracking System as of February 2018 Crude Oil – Total Exports (monthly report) and Crude Oil – Total Exports per Day (yearly report)

Figure Description:
In 2017, Canada exported 3.3 MMb/d of crude oil: 2.5 MMb/d of heavy crude oil and 0.8 MMb/d of light crude oil.
In 2016, Canada exported 3.1 MMb/d of crude oil: 2.3 MMb/d of heavy crude oil and 0.8 MMb/d of light crude oil.
In 2015, Canada exported 3.0 MMb/d of crude oil: 2.2 MMb/d of heavy crude oil and 0.9 MMb/d of light crude oil.
In 2014, Canada exported 2.9 MMb/d of crude oil: 2.0 MMb/d of heavy crude oil and 0.9 MMb/d of light crude oil.
In 2013, Canada exported 2.6 MMb/d of crude oil: 1.7 MMb/d of heavy crude oil and 0.9 MMb/d of light crude oil.

Regional Export Volumes

The North American crude oil market has undergone significant change in recent years with the emergence of light crude oil production from shale plays in the U.S. However, the increase in U.S. shale production has not stopped the growth of Canadian crude oil exports. The U.S remains Canada’s main crude oil export market with exports showing steady growth over the past five years. The U.S. refineries have made heavy investments in technology that processes heavy crude, and still prefer heavy crude as a cheaper feedstock.

Figure 2 shows flows of crude oil exports from major exporting provincesFootnote 3 to the U.S. from the Petroleum Administration for Defense Districts (PADDs). The PADDs include the U.S. East Coast (PADD I), U.S. Midwest (PADD II), U.S. Gulf Coast (PADD III), U.S. Rockies (PADD IV), and U.S. West Coast (PADD V). The left side shows the percentage of total exported crude oil by the province in which the crude oil enters a main export pipeline. The right side shows the U.S. region where the crude oil is processed.

In 2017, the following U.S. regions received Canada’s crude oil:

  • U.S. Midwest (PADD II) received 63%
  • U.S. Gulf Coast (PADD III) received 16%
  • U.S. East Coast (PADD I) received 7%
  • U.S. Rockies (PADD IV) received 7%
  • U.S. West Coast (PADD V) received 6%

Figure 2: Yearly Crude Oil Export Flows to the U.S.

Source and Description

Source: National Energy Board’s Commodity Tracking System as of February 2018: Crude Oil Exports – Summary by Type and Destination (yearly report) and internal data

Figure Description:
PADD I: 7% of Canada’s crude oil exports to the U.S. went to PADD I (U.S. East Coast) in 2017. The crude oil was exported from Alberta, Manitoba, Saskatchewan and Newfoundland and Labrador.
PADD II: 63% of Canada’s crude oil exports to the U.S. went to PADD II (U.S. Midwest) in 2017. The crude oil was exported from Alberta, Manitoba and Saskatchewan.
PADD III: 16% of Canada’s crude oil exports to the U.S. went to PADD III (U.S. Gulf Coast) in 2017. The crude oil was exported from Alberta, Saskatchewan and Newfoundland and Labrador.
PADD IV: 7% of Canada’s crude oil exports to the U.S. went to PADD IV (U.S. Rockies) in 2017. The crude oil was exported from Alberta.
PADD V: 6% of Canada’s crude oil exports to the U.S. went to PADD V (U.S. West Coast) in 2017. The crude oil was exported from Alberta and Saskatchewan.

Figure 3: Annual Historical Crude Oil Exports by Type and Province

Source and Description

Source: NEB internal data as of February 2018

Figure Description: This graph shows crude oil export volumes by province over the past 5 years. In 2017, Alberta exported 2.4 MMb/d of heavy crude oil and 0.5 MMb/d of light crude oil. In 2017, Manitoba exported 0.0 MMb/d of heavy and 0.1 MMb/d of light crude oil. In 2017, Newfoundland and Labrador exported 0.2 MMb/d of light crude oil. In 2017, Saskatchewan exported 0.1 MMb/d of heavy crude and 0.0 MMb/d of light crude oil.

Small volumes from British Columbia, Nova Scotia and New Brunswick are not shown.

Figure 4: Historical Crude Oil Exported to U.S. Regions

This map shows the U.S. PADD regions and the bar chart underneath shows monthly export volumes to each PADD for each year. PADD II continues to be the largest market for Canadian crude oil exports in 2017, while PADD V is the smallest market.

Source and Description

Source: NEB’s Commodity Tracking System as of February 2018: Crude Oil Exports – Summary by Destination (monthly report)

Figure Description:
Over the past 5 years, the majority of the crude oil exported from Canada was exported to PADD II (U.S. Midwest). In 2017, PADD V (U.S. West) was the smallest U.S. market for Canadian crude oil.

Figure 5: Yearly Crude Oil Average Export Prices and Values

The average crude oil export price increased 25%, from $276.7/m³ in 2016 to $346.9/m³ in 2017. Due to increased export prices and volumes, the total value of revenue from crude oil exports increased 33%, from $49.9 billion in 2016 to $66.9 billion in 2017.

Source and Description

Source: NEB internal data as of February 2018

Figure Description: The average crude oil export price was highest in 2011 when it reached $US 88.50/bbl and export values were $US 69.1 billion. Export values hit a peak in 2014, reaching $US 83.0 billion. The average export price remained relatively constant from 2011 through 2014. In 2015, global crude markets suffered and prices decreased to $US 39.40/bbl, resulting in a total exports valued at $US 43.8 billion. In 2017, the average export price was $US 42.50/bbl with a value of $US 51.1 billion.

Crude Oil Exports by Transportation Mode

In 2017, approximately 90% of crude oil exports moved by pipeline and the remaining crude oil moved by rail, marine, and truck.Footnote 4 In 2017, approximately 2% was exported by rail and 3% was exported by marine vessel to the U.S. The remaining exports by marine went to various destinations throughout the world.

In 2017, Canadian crude oil exports via pipeline increased almost 7% to 3.0 MMb/d (0.48 106m³/d) from 2.8 MMb/d (0.45 106m³/d) in 2016. At the same time crude by rail exports, shown by the red bars in Figure 6, increased 44% from 2016 to 2017. The increase of crude oil exports by rail in 2017 was largely due to pipeline capacity constraints in the Western Canada Sedimentary Basin. However, rail exports were not as high as the 0.16 MMb/d (0.03 106m³/d) reached in 2014 when rail infrastructure was being expanded to serve as overflow capacity for shippers. Monthly data on crude oil exports by rail is on the NEB website.

Figure 6: Crude Oil Exports by Transport Mode

Source and Description

Source: NEB’s Crude Exports by Rail Statistics and internal data as of February 2018

Figure Description: This figure shows export volumes from 2013 to 2017 by pipeline, marine and rail. Annual marine exports were 0.16 MMb/d in 2013; 0.19 MMb/d in 2014; 0.14 MMb/d in 2015; 0.19 MMb/d in 2016; and 0.18 MMb/d in 2017. Annual pipeline exports were 2.33 MMb/d in 2013; 2.51 MMb/d in 2014; 2.79 MMb/d in 2015; 2.83 MMb/d in 2016; and 2.99 MMb/d in 2017. Rail exports were 0.13 MMb/d in 2013; 0.16 MMb/d in 2014; 0.11 MMb/d in 2015; 0.09 MMb/d in 2016; and 0.13 MMb/d in 2017.

Complete data for all figures can be downloaded in Microsoft Excel format from the file at the top of this page. For more information about crude oil markets in 2017, refer to the crude oil Market Snapshots.

 

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