Significant Developments in the Canadian Oil and Gas Industry During 1951

"IntroductionMANY PAPERS presented on developments in the Canadian Petroleum Industry •during the past few years have commenced with this general sentence: ""The past year has been a record •one for the oil industry in Canada, with new records being set in nearly all phases •of exploration and development ,activity"". This sentence applies equally well to 1951. It is not possible to outline all the details of the broken records in exploration, development, and production but general comparisons can be made. There are several significant developments that have stolen the spotlight during 1951, some of which were foreseen in 1950 and some which were not. Among the high-lights were the following:(1) The greatly •expanded activity in the search for gas, which was touched off by the new Alberta regulations covering gas leases and reservations.(2) The discovery of commercial oil production in the Williston basin of North Dakota and Manitoba, which will have far reaching effects on Canadian oil.(3) The greatly increased activity in northern Alberta, northwestern British Columbia, the southern Northwest Territories, Saskatchewan, and Manitoba.(4) The new discoveries in the general central Alberta area.(5) The granting •of a permit for an oil pipeline to the Pacific coast.(6) The arrival of Western Canadian crude in central Ontario.(7) The number of new refineries completed, commenced, or proposed.(8) The present •and proposed expansion in the petrochemical industry.Most of the remarks made on various exploration and development •activities will refer to Western Canada operations, primarily because the greatest •activity and the most significant developments have been there. Eastern Canada exploration and development operations were at a slightly higher level than in 1950."