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Oil and Gas Industry

We are happy to provide you with detailed information on programs, services and incentives, workforce demographics, educational programs and any other key data you require on our oil and gas industry. Please contact us at +1.403.356.4862 with your requests.

Oil boom

Alberta has the second largest petroleum reserves in the world, second only to Saudi Arabia. Servicing one of the largest petroleum industries in the world is no small task. And as new oil sands construction cycles begin, demand is only projected to grow.

Machinery for Oil & Gas

Oil & gas machinery manufacturing accounts for over $300 million of the region's manufacturing shipments, behind only chemicals ($5.6 billion) and food ($630 million). As Alberta's hub for oilfield production services, Central Alberta will play a key role in the future of the oil and gas industry.

Centrally located

In addition to extremely competitive operating environment with low taxes and low utility rates, oil & gas operations can take advantage of our region's central location.

We have the road, air and rail infrastructure required to transport products, employees and machinery to and from major oil production sites in Alberta. The Red Deer Airport connects directly to Fort McMurray's airport cutting travel time by a third and Ponoka Industrial Airport's CANPASS service expedites the flow of goods across the border.

For more information on the future of oil & gas in Central Alberta and how you can be a part of our boom, contact us at +1.403.356.4862.

Key Facts

  • Alberta's energy exports totalled $53.9 billion in 2010.
  • Alberta's reserve accounts for over 75% of Canada's natural gas production.
  • The Alberta Energy Resources Conservation Board forecasts production from the oil sands will more than double to 2.9 million barrels/day by 2019.
  • According to government statistics, demand for Alberta resources will require more than $200 billion of new spending over the next 25 years.
  • Numerous manufacturing operations in Central Alberta produce virtually every component used in the oil and gas industry.