North America Crude Oil and NGLs

North America Crude Oil and NGLs

Canadian Natural is one of the largest conventional producers of crude oil and NGLs in western Canada. Our crude oil assets illustrate Canadian Natural’s balanced portfolio approach to business, producing light, Pelican heavy, primary heavy and thermal in situ heavy crude oil. Canadian Natural’s crude oil is produced from very distinct assets, using different recovery technologies that are tailored to fit each unique reservoir. Enhanced recovery techniques such as thermal in situ operations and polymerflood technology are leading to increased recoveries. Primary heavy crude oil production, which serves as the backbone for all our crude oil assets, continued to deliver low-risk, reliable production. Going forward we will achieve production growth from crude oil through our defined growth strategy incorporating low-risk development projects. We target secondary and tertiary recovery of light crude oil, primary, secondary and tertiary recovery of heavy crude oil and thermal in situ recovery of bitumen. Our crude oil development strategy is based on low-risk exploitation anchored by our expertise in improved recovery techniques. This allows us to maximize crude oil recovery and value from both mature and new crude oil pools.

We are one of Canada's largest producers of crude oil and natural gas liquids in Canada and the largest producer of heavy oil in Canada.

We own extensive light oil, heavy oil and thermal in situ heavy oil properties. We have become known for being the low cost producer on heavy oil. This ability is key for this product given the volatility of market prices. Canadian Natural has proven the profitability of these assets through several business cycles.  

Q2/14 North America Crude Oil Activity

Birch Mountain Gregoire Kirby Primrose Conventional Heavy Crude Pelican Lake Grouse

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