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JUST RELEASED: AER Releases Annual Alberta Energy Outlook


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The Alberta Energy Regulator has released its latest Alberta Energy Outlook (ST98), providing a comprehensive source of data on the province’s oil, natural gas and broader energy sector.

Published annually, ST98 includes the AER’s latest information on Alberta’s hydrocarbon reserves along with supply and demand outlooks for crude bitumen, conventional crude oil, natural gas, natural gas liquids and coal, as well as emerging energy resources.


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This year’s report includes a full update to Alberta’s reserves data, incorporating the main findings of an external assessment completed by McDaniel & Associates.

Beyond production and reserves, the report contains data and outlooks covering commodity prices, industry capital expenditures, pipelines, carbon capture, utilization and storage (CCUS), and other energy infrastructure.

For those looking for Alberta energy data, ST98 is one of the more comprehensive resources available, bringing a wide range of historical statistics and forward-looking estimates together in one place.

The Alberta Energy Regulator (AER) has released its latest Alberta Energy Outlook (ST98), providing one of the most important annual snapshots of the province’s oil, natural gas and broader energy sector.

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For EnergyNow readers, ST98 is particularly useful because it brings together the data that helps shape investment decisions, production planning, infrastructure requirements and the longer-term outlook for Alberta’s energy industry.

Published annually, the report includes updated information on Alberta’s hydrocarbon reserves, along with supply and demand forecasts for crude bitumen, conventional crude oil, natural gas, natural gas liquids, coal and emerging energy resources.

This year’s edition also includes a full update of Alberta’s reserves data, incorporating key findings from an independent assessment completed by McDaniel & Associates.

Beyond production and reserves, ST98 provides extensive information on commodity prices, industry capital expenditures, pipelines, carbon capture, utilization and storage (CCUS), and other critical energy infrastructure.

That makes the report especially relevant for producers, oilfield service companies, investors, policymakers and others trying to understand where Alberta’s energy industry is heading and where future opportunities may emerge.

For EnergyNow readers following issues such as oil sands growth, natural gas development, pipeline capacity, CCUS investment and capital spending, ST98 offers a valuable benchmark for measuring both the current strength of the sector and its longer-term potential.

Few publications bring together as much historical data and forward-looking analysis on Alberta energy in one place, making ST98 an important reference point for anyone doing business in, investing in or tracking Canada’s largest energy-producing province.

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