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Best Communities for Energy

Jun 1, 2012

Best Communities Home > Best Communities List > Best Communities for Energy

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Calgary
Population: 1,090,936
If you’re in the oil and gas business, there’s no better place to be than Calgary – that’s why it’s the head office capital of Western Canada and home to many of the country’s major energy companies. Calgary has the highest number of head offices per capita in Canada, with 9.9 per 100,000 population.
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Cold Lake
Population: 13,924
There’s more to the oil sands than Athabasca, and nobody knows that better than companies operating in Cold Lake. The town sits on the southern rim of the Athabasca oil sands, and just an hour south are the Cold Lake oil sands – which are considerably cheaper for business owners than Fort McMurray.
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Red Deer
Population: 2,041
Red Deer is quickly establishing itself as the province’s head office hot spot for oilfield services companies. The city, ideally situated between Calgary and Edmonton, is home to more than 200 energy service companies, including Aero Drilling and Consulting, High Arctic Energy Services and Western Energy Services.
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Bakken Formation
The Bakken tight oil and natural gas play stretches from southeast Manitoba through Saskatchewan and reaches into Alberta. Crescent Point and Penn West are two of the most active oil and natural gas producers in the region, which holds an estimated 4.3 billion barrels of recoverable oil and (with all due respect to potash and uranium mining) is fuelling much of the economic activity in Saskatchewan.
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