Oil sands project inventory

02/07/2011
Guntis MoritisProduction EditorAlthough much maligned by some as dirty oil, projects are moving ahead in Alberta to recover the billions of barrels of bitumen contained in the oil sands found in the Athabasca, Peace River, and Cold Lake regions.In its December 2010 inventory of major oil sands projects, the Alberta government lists 55 projects in various proposal or construction stages that have an estimated capital cost of more than $100 billion (Can.).Bitumen production from the oil sands already is more than 1.5 million b/d and with these projects as well as others, Alberta's Energy Resources Conservation Board in a June 2010 report estimated that bitumen production may reach 3.2 milli...
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