COVID-19 Updates: Taking steps to return to normal.
Production limits were introduced in January 2019 to align production with export capacity, protecting the value of the province’s oil by helping prevent Canadian crude from selling at large discounts. The limits were intended as a short-term measure, but ongoing delays to pipeline projects led to the curtailment policy being extended through December 2021, but no monthly oil production limits have been in effect since December 2020.
The policy will be allowed to expire on December 31, as oil production has reached pre-pandemic levels, but is within export capacity. Storage levels are also expected to remain within the normal range of operations.
- News release - Curtailment policy expiring: Minister Savage (December 9, 2021)
Production limits timeline
|Month||Production limit status||Total of million
barrels per day
|January – November 2020||Maintained||3.81|
|December 2020||No production limit||-|
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