by the federal government, beginning in 2015, upstream oil and gas capital expenditures (capex) and government The UCube data set is used to study all parts of the global revenues have lagged. [...] exploration and production (E&P) activity value chain, including operational costs, investment (capex and opex), However, there are now definite signs that Canadian fiscal terms, and net cash flows for projects and companies, upstream oil and gas capex and government revenues are both globally and by country (Rystad Energy, 2023). [...] This Fact Sheet examines projected Canadian upstream oil and gas capex and government revenues over the next decade under an average $80 US per barrel Brent price Projected Canadian upstream oil and gas trajectory. [...] Under the $80 US per barrel price trajectory, upstream oil and gas government revenue (which includes provincial The written content in this report was prepared by the royalties and federal and provincial corporate taxes) in Canadian Energy Centre (CEC) and does not represent the Canada is expected to rise from U. [...] The author and the Canadian Energy Centre would like to thank and acknowledge the assistance of Dennis Sundgaard and two anonymous reviewers in reviewing the data and research for this Fact Sheet.
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