Crescent Point Energy’s Daily Production Volume(2016-2023)

This statistic highlights Crescent Point Energy’s Daily Production Volume, split between Crude oil and condensate, NGLs, and Natural gas, and is reported quarterly starting from Q1 2016 onwards.

Crescent Point Energy’s Daily Production Volume:

(Figures of Crude oil & condensate and NGLs are in million barrels per day and Natural gas is in million cubic feet per day, except percentages)

Crude oil and condensate(bbls/d)

Crude oil and condensate refer to a mixture of hydrocarbons that is extracted from underground reservoirs. It is the primary raw material used in the production of various petroleum products, including diesel, gasoline, and jet fuel. It is measured in terms of bbls/d stands for barrels per day where the unit of measurement is for the production rate of oil and condensate. The year-over-year growth of Crude oil and condensate is 0%.

NGLs(bbls/d)

Natural gas liquids are hydrocarbons that exist in the gaseous state within natural gas reservoirs but can be extracted as liquids through processing. These include several components such as ethane, butanes, and pentanes. Each component has different properties and applications. Here’s an overview of the commonly found natural gas liquids:

• Ethane: It is primarily used as a feedstock for the petrochemical industry. It is a vital component in the production of plastics, synthetic fibers, and other industrial products.
• Butanes: It is commonly used as a fuel for lighters, and portable stoves. It is also blended with propane to create LPG for heating and cooking purposes.
• Pentanes: It is used as a blending component for gasoline and as a solvent in various industries.

The Crescent Point Energy of NGLs has grown by 5% year-over-year growth from 17,039 bbls/d in Q1 2022 to 17,970 bbls/d in Q1 2023.

Natural gas(mcf/d)

Natural gas is a fossil fuel that is primarily composed of methane. The measurement of natural gas production in mcf/d indicates the volume of gas extracted and produced by the company daily. Crescent Point Energy’s Natural gas has grown by 26% year-over-year growth from 136,667 mcf/d in Q1 2022 to 171,692 mcf/d in Q1 2023.

About Crescent Point Energy Corp.

Crescent Point Energy Corp. is a Canadian oil and gas exploration and production company. It is engaged in the exploration, acquisition, development, and production of oil and natural gas reserves primarily in Western Canada. It was founded in 2001 and is headquartered in Calgary, Alberta, Canada. The company operates a diverse portfolio of high-quality, long-life resource plays with a focus on light and medium crude oil.

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