Presented May 2019 at GeoConvention
The pursuit of oil, heavy oil and liquids dominated activity in the Western Canada Sedimentary Basin in 2018. The differentials between West Texas Intermediate (WTI) and the major western Canadian crudes (Western Canada Select (WCS) and Edmonton Light Sweet Crude) became more problematic as the year progressed and impacted companies’ budgets for 2019. This analysis highlights the trends and geological zones that industry pursued in 2018.
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