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Bitumen (Tar Sands)
Strategic ResourceEnergy • oil_sands • 1 deposit(s)
Canada's oil sands represent the third-largest crude oil reserve globally. Production is capital-intensive with high environmental impact. Reserves are primarily in Alberta's Athabasca region. Government royalties vary by province and production method.
Athabasca Oil Sands
Alberta
producingExport Ready
Grade: 10 API_gravity - Bitumen with low API gravity, requiring upgrading to synthetic crude.
Security:1/5Regulatory:2/5Environmental:4/5
Proved165.00B bbl(in-place)
📊Data Quality
Quality Tier:proved
Confidence:90%
As of:2025-01-01
✓No data quality warnings
Sources
- Canada Energy Regulator Reserves Report 2025
Canada Energy Regulator, 2025 - Alberta Energy Regulator Statistical Report
Alberta Energy Regulator, 2025
Base Case
Basis: in-place (applied)
= 25.0%
Gross Value
$9.90TmodeledState Value
$2.48TmodeledOptimistic
Basis: in-place (applied)
= 22.0%
Gross Value
$14.03TmodeledState Value
$3.09Tmodeledpessimistic
Basis: in-place (applied)
= 28.0%
Gross Value
$6.19TmodeledState Value
$1.73TmodeledNotes: CER 2025 proved reserves. Includes both mined and in-situ recoverable reserves.
Probableâš 50.00B bbl(in-place)
📊Data Quality
Quality Tier:probable
Confidence:70%
As of:2025-01-01
✓No data quality warnings
Sources
- CER Reserves Assessment
Canada Energy Regulator, 2025
Base Case
Basis: in-place (applied)
= 25.0%
Gross Value
$2.63TmodeledState Value
$656.25BmodeledNotes: Additional probable reserves with lower recovery confidence.