IOR/EOR News

New development expected to arrest European offshore decline

Aug 4, 2014

After playing a pivotal role in the European economy for decades, offshore hydrocarbon production has declined steeply in recent years and is struggling to arrest the dive.

Husky begins steam operations at Rush Lake heavy oil project

May 21, 2015

Husky Energy Inc. has started commercial steam operations at the 10,000-b/d Rush Lake heavy oil thermal project in Saskatchewan (OGJ Online, Dec. 12, 2014).

Cold Lake project expansion starts production

May 11, 2015

ExxonMobil Corp. has started bitumen production at the $2-billion Cold Lake Nabiye project expansion in northeastern Alberta.

Husky Energy reports net earnings of $191 million (Can.)

May 6, 2015

Husky Energy Inc. reported first-quarter net earnings of $191 million (Can.) compared with a loss of $603 million in the previous quarter and year-ago earnings of $662 million.

Statoil lets carbon dioxide service contract for Bakken

Apr 21, 2015 Statoil has let a major carbon dioxide supply and service agreement to Ferus LP of Denver to supply liquid CO2 to be used in a test well to evaluate potential production uplift and partially replac...

The price signal

Apr 13, 2015

Price, as everyone knows, represents a signal to buyers and sellers about conditions in the oil market. It's information that guides behavior.

NEB sees growth in bitumen production through 2018

Mar 31, 2015 Despite budget cuts for oil sands projects, Canada’s National Energy Board reports the potential of an additional 1 million b/d through 2018. Current bitumen production is less than 2.5 million b/d.

Delayed West Ells SAGD project to start up this summer

Mar 27, 2015

Full first steam from the West Ells thermal oil sands project in the Athabasca region of Alberta is slated to commence in late June, with production launch in September.

Canadian oil industry jobs, revenues plunge

Mar 26, 2015

The Canadian oil industry will shed nearly 8,000 jobs this year as revenues fall by $43 billion (Can.) in response to the plunge in oil prices, predicts the Conference Board of Canada.

Alberta introduces oil sands environmental requirements

Mar 16, 2015 Alberta introduced new requirements to control tailings ponds and regulate water use from the Athabasca River as part of the Canadian province’s efforts to reduce oil sands development impacts.

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US Midstream at a Crossroads

Oil & Gas Journal’s Mar. 6, 2015, webcast will focus on US midstream companies at an inflection point in their development in response to more ...
Mar 6, 2015
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Coker Unit For Sale

Coker Unit For Sale: Unused equipment from cancelled Coker Project for Sale, stored US Gulf Coast. Accessible to water transport. Rating: Feed rate...
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