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ST98

Updated May 2019

The AER ensures the safe, efficient, orderly, and environmentally responsible development of hydrocarbon resources over their entire life cycle. As part of this mandate, one of the AER's key services is to provide credible information about Alberta's energy resources that can be used for decision making. To this end, the AER issues a report every year that gives stakeholders independent and comprehensive information on the state of reserves and the supply and demand outlook for Alberta's diverse energy resources: crude bitumen, crude oil, natural gas, natural gas liquids, sulphur, and coal. This year's report also includes a new section on new reserve estimates for three formations in low permeability and shale areas. As more enhancements are expected in future, the report's title has been changed to ST98: Alberta Energy Outlook 2019 to better reflect the content.

The current version of ST98 includes estimates of initial established reserves (recoverable quantities estimated to be in the ground before any production), remaining established reserves (recoverable quantities known to be left in the ground), and ultimate potential (recoverable quantities that have already been discovered plus those that have yet to be discovered). It also includes, for Alberta's energy resources, supply and demand for 2018 and a ten-year supply and demand forecast from 2019 through 2028 (the forecast period). Additionally, this report discusses prices and capital expenditures in the oil and gas sector, and pipelines and infrastructure related to Alberta's energy resources.

Electronic data files for crude oil and natural gas reserves, as well as PDF maps of designated fields, oil sands areas, development entities, and documents related to ST98 can be accessed through AER's product catalogue.

The ST98: Alberta Energy Outlook 2019 executive summary and the report highlights infographic are available for download in PDF format.

For general inquiries, contact Inquiries@aer.ca.

*Some of the data for this report contains information provided by third parties. For additional information about the limitations and restrictions applicable to these documents, please refer to the AER Copyright and Disclaimer page.