TSX: COS: 8.26  -0.13

Quotes delayed up to 20 minutes.


Canadian Oil Sands Limited 2000 First Canadian Centre 350–7th Avenue SW Calgary, Alberta T2P 3N9

Tel: 403 218 6200
Fax: 403 218 6201


Search for a word or look it up alphabetically on our glossary page.

Energy Marketing

Daily Prices for Current Month

NOTE:  Effective September 1, 2013, Canadian Oil Sands will no longer be posting prices for Syncrude stream at Edmonton.
Pricing data is available through the following websites:  www.ne2.ca  or  www.ngx.com.

Historical Monthly Averages

All Prices are in Canadian dollars per cubic metre. One cubic metre equals 6.2929 barrels of oil..

Month SyncrudeStream@
August 2013 719.13 
July 2013 724.76
June 2013 622.17 
May 2013 662.22
April 2013 629.84
March 2013 607.95
February 2013 607.56
January 2013 598.97

Historical Monthly Averages

All Prices are in Canadian dollars per cubic metre.

Month SyncrudeStream@
December 2012 507.16
November 2012 578.84
October 2012 634.28
September 2012 612.18
August 2012 569.94
July 2012 524.34
June 2012 544.81
May 2012 586.33
April 2012 575.03
March 2012 571.16
February 2012 628.34
January 2012 657.17

Historical Monthly Averages

All Prices are in Canadian dollars per cubic metre.

Month SyncrudeStream@
December 2011 671.65
November 2011 689.29
October 2011 629.25
September 2011 632.94
August 2011 589.27 (revised)
July 2011 639.87
June 2011 672.65
May 2011 692.18
April 2011 747.58
March 2011 666.12
February 2011 558.65
January 2011 544.46

Historical Monthly Averages

All Prices are in Canadian dollars per cubic metre.

Month SyncrudeStream@
December 2010 556.90
November 2010 531.93
October 2010 501.02
September 2010 493.37
August 2010 498.84
July 2010 485.03
June 2010 481.62
May 2010 469.20
April 2010 532.12
March 2010 527.11
February 2010 523.71
January 2010 507.83

Historical Monthly Averages

All Prices are in Canadian dollars per cubic metre.

Month SyncrudeStream@
December 2009 483.84
November 2009 509.30
October 2009 503.25
September 2009 473.53
August 2009 477.17
July 2009 441.43
June 2009 474.46
May 2009 415.21
April 2009 392.67
March 2009 422.06
February 2009 334.33
January 2009 301.04

Historical Monthly Averages

All Prices are in Canadian dollars per cubic metre.

Month SyncrudeStream@
December 2008 287.82
November 2008 447.54
October 2008 599.87
September 2008 716.92
August 2008 793.77
July 2008 880.34
June 2008 879.81
May 2008 805.87
April 2008 770.42
March 2008 689.90
February 2008 596.46
January 2008 622.17

Historical Monthly Averages

All Prices are in Canadian dollars per cubic metre.

Month SyncrudeStream@
December 2007 570.78
November 2007 582.69
October 2007 516.97
September 2007 507.67
August 2007 508.57
July 2007 536.31
June 2007 497.39
May 2007 494.09
April 2007 470.23
March 2007 440.28
February 2007 446.21
January 2007 419.66

The prices posted are for informational purposes only and do not constitute an offer or solicitation for the purchase or sale of the referenced commodity. Although the data and information contained in this posting is based on sources believed to be reliable, Canadian Oil Sands does not guarantee or warrant the accuracy, completeness or currency of such information. Additionally, the prices do not reflect the actual or anticipated revenues to be received by Canadian Oil Sands for its products.
A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z  
Alberta Oil Sand(s) Deposits

The four deposits, Athabasca, Peace River, Cold Lake and Wabasca, have total resource in place estimated at 1.7 trillion to 2.5 trillion barrels. The Athabasca Oil Sands deposit, Alberta's largest and most accessible source of bitumen, contains more than one trillion barrels of bitumen over an area encompassing more than 30,000 square kilometers.

top of page

The molasses-like substance that comprises up to 18 per cent of oil sands. Bitumen, in its raw state, is black, asphalt-like oil. It requires upgrading or blending to make it transportable by pipeline and usable by conventional refineries.
Bitumen cracking
A process that breaks large, complex hydrocarbon molecules into smaller, simpler compounds by means of heat.
top of page

Carbon dioxide (CO2)
A non-toxic gas produced from decaying materials, respiration of animal life, and combustion of organic matter, including fossil fuels; carbon dioxide is the most common greenhouse gas produced by human activities.
Vessels in which bitumen is cracked into its fractions and from which coke is withdrawn to start the process of converting bitumen to upgraded crude oil.
Conventional oil
Petroleum found in liquid form, flowing naturally, or capable of being pumped without further processing or dilution.
Specialized equipment that receives oil sand feed and turns it into a slurry form for transport to the pump box.
top of page

An undertaking to systematically remove plant capacity limitations through modifications of existing facilities and/or addition of capital facilities.
Diesel cetane count
A quality specification important in the production of diesel fuels.
top of page

The process of separating bitumen from oil sand.
top of page

Raw material supplied to refinery, oil sands upgrader, or petrochemical plant.
Flue gas scrubber/desulphurizer
Equipment that removes sulphur dioxide and other emissions.
Fluid coking
A major part of the upgrading process whereby high temperatures in a coker break down the complex bitumen molecules, reject carbon and cause bitumen molecules to reformulate into lighter fractions that become the main ingredients in upgraded crude oil.
top of page

Greenhouse gases
Any of the various gases that contribute to the greenhouse effect.
top of page

LC-Finer hydroprocessor
A major upgrading unit that breaks down bitumen by adding hydrogen with the aid of a catalyst to produce gas oil.
The process of optimizing an operational unit or facility to reach its design capacity.
Low-energy extraction
A process for extracting bitumen that uses about one-third of the energy of the traditional process, bringing significant cost and environmental benefits.
top of page

Middle distillates
A classification of refined petroleum products that includes kerosene, diesel, and jet fuel.
Mine train
Modular units for crushing and mixing the oil sands with warm water to facilitate the extraction of bitumen from the oil sands.
top of page

A refined petroleum product in the lighter classification that is often used to make gasoline.
Average realized selling price, after hedging, less operating costs and Crown royalties.
top of page

Oil sand(s)
A composition of sand, bitumen, mineral-rich clays and water.
Oil sand(s) lease
A long-term agreement with the provincial government that permits the leaseholder to extract bitumen, other metals and minerals contained in the oil sands in the specified lease area.
Ore grade
The percentage of bitumen by weight in the oil sands.
Layer of rocky, clay-like material that lies under muskeg and above oil sands deposits.
top of page

Strip ratio
The ratio of waste (overburden material that covers mineable ore) to ore; used to define the quality of an oil sands ore body.
Sulphur dioxide (SO2)
A compound of sulphur and oxygen produced by burning sulphur.
Typically, a synbit blend is a ~50/50 mix of bitumen and synthetic crude oil.
Syncrude Project
Canadian Oil Sands is a pure investment opportunity in light, sweet crude oil. Through our 36.74% interest in the Syncrude project, we offer a solid, robust production stream of fully upgraded crude oil, exposure to future crude oil prices, potential growth through high-quality oil sands leases and an attractive dividend.
Synthetic crude oil (SCO)
A high-quality product resulting from the mining, extraction and upgrading of bitumen.
top of page

A combination of water, sand, silt, fine clay particles and residual hydrocarbon that is a by-product of removing bitumen from oil sand.
Tailings systems
Separation of water from sand and clay to enable incorporation of solids into reclamation landscapes and recycling of water back into the operations.
Tar sands
Oil sands are also referred to as tar sands. Oil sands are a naturally occurring combination of clay, sands, water and bitumen (a heavy, black viscous oil), whereas tar is a man-made substance.
Total volume to bitumen in place (TV/BIP)
The ratio of total ore plus overburden volume to total bitumen in place.
A unit shutdown essential for good maintenance of the mining, producing and upgrading facilities. A turnaround reduces production but does not usually halt it entirely as the various operating units are often duplicated.
top of page

A facility that upgrades bitumen (extra heavy oil) into synthetic crude oil.
The conversion of heavy bitumen into a lighter crude oil by increasing the ratio of hydrogen to carbon, either by removing carbon (coking) or adding hydrogen (hydroprocessing).
top of page

Vacuum Distillation Unit (VDU)
Capable of processing 285,000 barrels of bitumen a day, the VDU pulls streams of light and heavy-gas oil from hot bitumen feed delivered by the diluents recovery unit.
top of page