The Top 10 Private Oil & Gas Companies in Alberta

Analysis using CanOils Assets shows that private companies oversaw around 330,000 boe/d of production in Alberta in July 2016, 74% of which was natural gas. To put this into perspective, this is almost six times the volume produced by private companies operating in B.C. in the same month (see note 1).

Source: CanOils Assets – find out more

Of these companies, Ember Resources Inc. is the single largest private operator with more than 53,000 boe/d in July 2016. Ember is owned by a consortium of investors including Brookfield Asset Management. The company’s assets are mainly located in the PSAC regions of Southeastern Alberta (AB3) and Central Alberta (AB5) and are nearly entirely comprised of natural gas wells. The second largest producer, Jupiter Resources Inc., is also backed by an investment firm, Apollo Global Management, and operated 36,500 boe/d of production in July 2016.

The company with the largest diversification in terms of the location of its operated wells is China-backed Calgary Sinoenergy Investment Corp., which operates around 24,000 boe/d after the completion of its Cdn$770 million acquisition of Long Run Exploration Ltd. in June 2016. The company operates wells in five PSAC regions in Alberta.

Source: CanOils Assets – find out more

Notes

1) “Production” in this article refers to operated production, rather than working interest production. CanOils Assets does also include working interest production estimates for every company with an ownership stake in a producing well in Canada, but this article only focuses on production from wells where each company is listed in government data as the operator.

2) All data included in this article is sourced from CanOils Assets. Find out more about CanOils Assets here.