Open Data

Oil and Gas Industry Investment (Annual), Alberta

Description

This Alberta Official Statistic describes investment (capital expenditures) in Alberta’s Oil and Gas Industry. Oil and Gas Industry data is obtained from Statistics Canada. Statistics Canada reports this data under the North American Industry Classification System (NAICS) sub-sector 211 (Oil and Gas Extraction). The “Oil and Gas Extraction” sub-sector consists of “Conventional Oil and Gas Extraction” national industry (NAICS 211113) and “Non-Conventional Oil Extraction” (or oil sands) national industry (NAICS 211114).

Updated

July 23, 2015

Tags
AOS Alberta Official Statistics Capital Expenditure Conventional Oil and Gas Energy Investment Oil Sands

Title and Dataset Information

Date Modified

2015-07-23

Update Frequency

Annual

Publisher / Creator Information

Creator
Energy
Publisher

Energy

Subject Information

Start Date

2000-01-01

End Date

2013-12-31

Spatial Coverage

Alberta

Resource Dates

Date Created

2015-07-23

Date Added to catalogue

2015-05-13T19:26:12.495116

Date Issued

2013-05-28

Date Modified

2015-07-23

Audience information

Identifiers

Usage / Licence

Usage Considerations

This measure relies on capital expenditure data in Statistics Canada’s “Private and Public Investment in Canada” (PPI) publications. PPI is a comprehensive national publication, which reports investment for all sectors and industries in Canada, for which data are available. PPI reports data for provinces and territories, and for Canada as a whole. Capital expenditures (or investment), as defined by Statistics Canada, include the cost of procuring, constructing and installing new durable plant, machinery and equipment, and capitalized costs such as feasibility studies, architectural, installation and engineering fees, among other things.

Note: for the purpose of this analysis, the term ‘investment” and “capital expenditure” are used interchangeably.

The most current data are reported in the latest issue of the Private and Public Investment in Canada, Intentions publication from Statistics Canada (released February 28, 2014). This publication provides the most recent actual calendar year data (2012) as well as the preliminary actual investment figures for 2013 and investment intentions for 2014.

Investment data are also quoted in other Department of Energy publications.

According to the 2012 North American Industry Classification System (NAICS), the conventional oil and gas extraction industry comprises establishments primarily engaged in the exploration for, and/or production of, petroleum or natural gas from wells in which the hydrocarbons will initially flow or can be produced using normal pumping techniques. Non-conventional oil extraction industry comprises establishments primarily engaged in producing crude oil from surface shales or tar sands or from reservoirs in which the hydrocarbons are semisolids and conventional production methods are not possible.

Contact

Contact Name

Office of Statistics and Information

Contact Email

osi.support@gov.ab.ca

Contact Other

(780) 427-2071