Technology advances brighten heavy-oil potential

12/09/2002
Horizontal wells, multilateral wells, solvents, steam-assisted gravity drainage (SAGD), on site upgrading, in situ upgrading, and alternative fuels are some existing and emerging technologies that are improving the prospects for producing economically the world's vast heavy oil and bitumen resourcesPresentations at The Resource 2 Reserves 2 Results Conference and Exhibition (R2R2R) in Calgary, Nov. 4-7, provided insights into the status of these technologies in various parts of the world and how emerging technology may help reduce drilling, development, and operating costs so that heavy-oil production remains viable even with volatile oil and gas price cycles.The R2R2R conference comb...
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