100 Mbbl/d increase in Canadian oil sands sends condensate demand up, AECO gas prices down
Enverus
APRIL 9, 2025
We see good and bad news for Canadian gas producers trying to capitalize on increased oil sands production over the next four years, said Trevor Rix, a director at EIR and lead author of the new report. The good news is that prices for condensate produced by many operators alongside natural gas volumes will likely be quite robust.
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