Energy
Powering the future more sustainably.
Crude oil, natural gas, lithium, helium, uranium, biofuels, geothermal, solar, wind and hydropower. Saskatchewan is one of the rare jurisdictions that has them all and we are continuing to drive new innovation and investment in clean technologies.
2nd
largest oil producer in Canada
376
million cubic feet of natural gas produced a day in 2022
2nd
largest uranium producer in the world and the only producer in Canada
Carbon Capture Utilization and Storage (CCUS)
Saskatchewan has well-developed strategies to reduce methane emissions and promote CCUS. We offer competitive incentives, world class geology and outcome-based regulations to firmly position us for large scale projects. We have the largest carbon capture utilization and storage project in the world.
Strong Support Systems for Oil and Gas
Our energy industry benefits from a competitive and stable regulatory environment and a strong network of suppliers alongside a supportive government.
Oil
We’re Canada’s second largest oil producer, the sixth largest onshore producer in Canada and the U.S., and we have estimated oil reserves of almost 1.6 billion barrels. Saskatchewan has excellent refining and upgrading capacity and an extensive network of pipelines. As part of our leadership in petroleum research, we’re using Co2 from our CCUS projects to recover depleted reservoir oil that otherwise might be left in the ground.
Natural Gas
We’re the third largest natural gas producer in Canada with 143.4 billion cubic feet produced in 2021 and estimated recoverable gas reserves of 1.8 trillion cubic feet.
Sector at a Glance
Energy Videos
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