Operator okays Hangingstone SAGD project
Nov 28, 2012
The board of directors of Athabasca Oil Corp. has sanctioned the Hangingstone 1 steam-assisted gravity drainage oil sands project in the southern Athabasca region of Alberta and approved a $536 million (Can.) development budget for it (OGJ Online, Oct. 4, 2012). |
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Deutsche Bank challenges IEA view of US oil output
Nov 26, 2012
A recent projection that the US will become the world's leading oil producer after 2020 has drawn a challenge from analysts at Deutsche Bank (OGJ Online, Nov. 13, 2012). |
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Syncrude lets oil sands tailings contracts
Nov 21, 2012
Syncrude Canada Ltd. has let two contracts to KBR for module fabrication and field construction of a full-scale plant for processing tailings from its oil sands mines northeast of Fort McMurray, Alta. |
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The heavy-oil niche
Nov 19, 2012
Extra-heavy oil is forming subtle intrigue out of the commercial and political practicalities that shape its destiny. |
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Laricina seeks single-well SAGD at Saleski
Nov 13, 2012
Laricina Energy Ltd. has amended its application for first-phase commercial development of its Saleski oil sands acreage in Alberta to use cyclic steam-assisted gravity drainage in a single horizontal well. |
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IEA: US to overtake Saudi Arabia in oil production
Nov 13, 2012
With global oil demand continuing to increase, the US will replace Saudi Arabia as the world’s largest oil producer about 2020, and North America will become a net oil exporter by 2030, according to the International Energy Agency. |
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Study notes geopolitical role in oil prices
Nov 12, 2012
Geopolitical worries are keeping prices of crude oil higher than market forces indicate they should be, according to a study published by Chatham House, London. |
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Suncor lets contract for MacKay River work
Oct 30, 2012
Suncor Energy Inc. has let a contract to Fluor Corp. for front-end project management and engineering services for second-phase development of its MacKay River in situ oil sands project in the northern Athabasca region of Alberta. |
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MSC issues recommended practices for stray gas incidents
Oct 17, 2012
The Marcellus Shale Coalition (MSC) released its Recommended Practices for Responding to Stray Gas Incidents, the fourth in a series of guidance documents. |
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Fracing safe for California's Inglewood oil field, study says
Oct 12, 2012
A study commissioned by Plains Exploration & Production Co. concluded hydraulic fracturing of two test wells at Inglewood oil field in Los Angeles County, Calif., indicated no detectable evidence that it might induce earthquakes or have negative consequences on groundwater quality, a consultant reported. |
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API economist warns against duplicative fracing regulations
Oct 4, 2012
Policymakers across all levels of US government must guard against unnecessary or duplicative regulations that could impede investments in unconventional oil and gas plays, which already created jobs and boosted revenues for some states, American Petroleum Institute Chief Economist John Felmy said. |
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Baytex buys oil sands acreage, plans pilot
Oct 4, 2012
Baytex Energy Corp., Calgary, plans to begin pilot thermal recovery project next year on oil sands acreage it has acquired in the Cold Lake region of northeastern Alberta. |
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RIL, PDVSA sign supply deal, Orinoco memo
Oct 4, 2012
Reliance Industries Ltd., Mumbai, has signed documents with Petroleos de Venezuela SA for heavy-oil supply and joint exploration and development in the South American country’s Orinoco belt. |
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GMX alterations may improve Bakken completions
Oct 3, 2012
GMX Resources Inc., Oklahoma City, is adjusting its operating practices in an effort to improve results of Bakken completions in the Williston basin. |
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Cenovus to acquire Oilsands Quest leases
Oct 3, 2012
Cenovus Energy Inc., Calgary, has received court approval to buy the remaining assets of Oilsands Quest, which is being restructured under the Canadian Companies’ Creditors Arrangement Act, for $10 million. |
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July 23, 2013 | |
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