BUSINESS

Oilsands Hit Hard By The Fort McMurray Wildfire. Here's The Math.

05/10/2016 06:50 EDT | Updated 05/10/2016 06:59 EDT

CALGARY — A by-the-numbers look at the wildfire in Fort McMurray, Alta., and its impact on the oilsands industry:

12: Number of surface oilsands mines and thermal or underground oilsands operations forced to close.

oilsands mine

Oil is seen at the ground's surface near Royal Dutch Shell Plc's Albian Sands mine near Fort McMurray, Alberta, Canada, on Tuesday, Aug. 13, 2013. (Photo: Brent Lewin/Bloomberg via Getty Images)

1.1 million: Peak estimated number of barrels per day of oilsands output taken offline.

oilsand

An oil worker holds raw oilsands near Fort McMurray, Alta., on July 9, 2008. (Photo: Jeff McIntosh/CP)

$65 million: Estimated reduction in daily revenue for energy companies from decline in production.

suncor

A bucket loader digs for oil sands at the Suncor Energy Inc. mine in this aerial photograph taken near Fort McMurray, Alta. on June 4, 2015. (Photo: Ben Nelms/Bloomberg via Getty Images)

700 million to 900 million cubic feet per day: The reduction in natural gas demand from shuttered oilsands operations.

natural gas pipeline alberta

Pipelines run at the McKay River Suncor oil sands in-situ operations near Fort McMurray, Alta. on Sept. 17, 2014. (Photo: Todd Korol/Reuters)

(Sources: AltaCorp Capital, FirstEnergy Capital)

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