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Alberta Water/Steam Ratio

2026


Commercial Schemes

Company Field Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Monthly Average
Canadian Natural Resources Limited Peace River/Carmon Creek 1.71 1.77 1.53 1.49 --- --- --- --- --- --- --- --- 1.63
Canadian Natural Resources Limited Jackfish 1.26 1.29 1.26 1.27 --- --- --- --- --- --- --- --- 1.27
Cenovus Energy Inc. Christina Lake 1.25 1.25 1.24 1.23 --- --- --- --- --- --- --- --- 1.24
ConocoPhillips Canada Limited Surmont 1.19 1.22 1.24 1.25 --- --- --- --- --- --- --- --- 1.23
Cenovus Energy Inc. Christina Lake 1.18 1.12 1.19 1.20 --- --- --- --- --- --- --- --- 1.17
Strathcona Resources Ltd. Tucker 1.11 1.12 1.21 1.12 --- --- --- --- --- --- --- --- 1.14
Canadian Natural Resources Limited Kirby South 1.11 1.11 1.12 1.14 --- --- --- --- --- --- --- --- 1.12
Athabasca Oil Corporation Leismer Demonstration 1.12 1.13 1.11 1.11 --- --- --- --- --- --- --- --- 1.12
Suncor Energy Inc. Firebag 1.12 1.10 1.11 1.13 --- --- --- --- --- --- --- --- 1.12
Greenfire Resources Operating Corporation Hangingstone Pilot 1.11 1.15 1.11 1.06 --- --- --- --- --- --- --- --- 1.11
Connacher Oil and Gas Limited Great Divide 1.08 1.11 1.13 1.09 --- --- --- --- --- --- --- --- 1.10
Strathcona Resources Ltd. Orion 1.03 1.03 1.08 1.23 --- --- --- --- --- --- --- --- 1.09
Cenovus Energy Inc. Foster Creek 1.09 1.08 1.09 1.10 --- --- --- --- --- --- --- --- 1.09
Husky Energy Inc. Sunrise 1.00 1.07 1.16 1.07 --- --- --- --- --- --- --- --- 1.08
Athabasca Oil Corporation Hangingstone 1.06 1.06 1.07 1.05 --- --- --- --- --- --- --- --- 1.06
Imperial Oil Limited Cold Lake 1.01 1.03 1.03 1.07 --- --- --- --- --- --- --- --- 1.04
Devon Canada Corporation Pike 1.08 1.05 1.02 0.98 --- --- --- --- --- --- --- --- 1.03
Greenfire Resources Operating Corporation Hangingstone 0.92 0.99 1.05 1.11 --- --- --- --- --- --- --- --- 1.02
Harvest Operations Corp. BlackGold 0.98 0.96 0.99 1.00 --- --- --- --- --- --- --- --- 0.98
Suncor Energy Inc. Mackay River 0.96 0.97 0.97 0.98 --- --- --- --- --- --- --- --- 0.97
PetroChina Canada Mackay River 0.91 0.98 0.94 0.90 --- --- --- --- --- --- --- --- 0.93
Cenovus Energy Inc. Narrows Lake 0.81 0.97 0.96 0.95 --- --- --- --- --- --- --- --- 0.92
CNOOC Limited Long Lake 0.91 0.90 0.92 0.91 --- --- --- --- --- --- --- --- 0.91
Canadian Natural Resources Limited Primrose & Wolf Lake 0.90 0.93 0.89 0.90 --- --- --- --- --- --- --- --- 0.91
Strathcona Resources Ltd. Lindbergh 0.90 0.91 0.87 0.92 --- --- --- --- --- --- --- --- 0.90
International Petroleum Corporation Blackrod 0.96 0.85 0.70 0.80 --- --- --- --- --- --- --- --- 0.83
BlackPearl Resources Inc. Blackrod 0.91 0.79 0.65 0.73 --- --- --- --- --- --- --- --- 0.77
Grizzly Oil Sands Ulc Algar Lake --- --- --- 0.35 --- --- --- --- --- --- --- --- 0.35

Source: AER(Alberta Energy Regulator)