Technologies lower in situ bitumen recovery costs

09/06/2010
Costs for recovering bitumen with in situ methods continue to decline, and new technologies are bound to reduce costs further, according to Harbir Chhina, executive vice-president enhanced oil development and new resource plays for Cenovus Energy Inc., Calgary.In an interview with Oil & Gas Journal, Chhina said that technologies such as in situ steam-assisted gravity drainage are still realatively new and further optimization of these technologies is likely.He said Cenovus has about 50 ongoing research and development projects and plans to implement one new commercial technology each year. Some technologies that he expects will become commercial include expansion of wedge wells, in si...
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