Oil Sands

Surprising to many, Canada is the No. 1 oil exporter to the United States. Increasingly, these supplies come from Canada’s oil sands in northern Alberta. That province’s estimated oil sands deposits are in excess of 1.7 trillion barrels of crude bitumen. More than $91 billion has been invested in the oil sands in recent years and over $170 billion in oil sands-related projects. Venezuela and California are also heavy oil producers.

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Canadian Oil Sands
Canadian Oil Sands

Oil Sands News

EPRINC: Economic gains to be made from Keystone XL project

Dec 2, 2010

The proposed Keystone crude oil pipeline expansion would provide an estimated $100-600 million/year of net economic benefits from improved transportation and processing efficiencies in addition to an immediate boost in construction employment, a new Energy Policy Research Foundation Inc. (EPRINC) study concluded.

OGJ Newsletter

Nov 29, 2010 International News for Oil and Gas professionals

ExxonMobil optimistic about long-term US gas production

Nov 29, 2010 ExxonMobil Corp. believes unconventional sources of natural gas could represent 70% of US gas supplies by 2030, Steve Kirchhoff, ExxonMobil's Americas vice-president for natural gas, told a recent Deloitte LLP oil and gas conference in Houston.

OGJ Newsletter

Nov 8, 2010

OGJ Newsletter

Oct 18, 2010

Watching The World: China buys into Chesapeake

Oct 18, 2010

The US oil and gas industry has doubtlessly watched with interest CNOOC International Ltd.'s decision to buy a 33.3% stake in Chesapeake Energy Corp.'s acreage in the Eagle Ford shale project (OGJ Online, Oct. 11, 2010).

OGJ Newsletter

Oct 11, 2010

IHS Herold: Oil, gas reserves rise in 2009

Oct 4, 2010

Worldwide oil and gas reserves climbed 3% in 2009 as capital spending declined, IHS Herold reported Oct. 4 in its 2010 Global Upstream Performance Review.

US producing, exporting more slurry oil

Oct 4, 2010 Slurry oil is a heavy aromatic by-product of a refinery's fluid catalytic cracking unit that forms a small part of global fuel oil supply. Generally, it is mixed into heavy fuel oil as a viscosity cutter.

Amadeus basin drilling has unconventional, conventional targets

Oct 4, 2010 Perth-based explorer Central Petroleum Ltd. has temporarily put aside teasing that resulted from its recent Ooraminna-2 gas appraisal well in the eastern Amadeus basin southeast of Alice Springs to concentrate on a rank wildcat oil prospect some 600 km to the west and close to the Northern Territory/Western Australian border.

IHS CERA: Oil sands GHG emissions lower than perceived

Oct 4, 2010 Fuels made from Canadian oil sands have lower greenhouse gas (GHG) emissions than many commonly cited estimates, said IHS Cambridge Energy Research Associates (IHS CERA) in a new analysis.

Economics act against CCS retrofits

Oct 4, 2010 Economics will likely prevent retrofitting carbon capture and sequestration technologies to existing power plants with a capture efficiency <40% and a residual life <15 years.

OGJ Newsletter

Oct 4, 2010 International News for oil and gas professionals

OGJ Newsletter

Sep 27, 2010

IHS CERA: Oil sands GHG emissions lower than perceived

Sep 23, 2010

Fuels made from Canadian oil sands have lower greenhouse gas (GHG) emissions than many commonly cited estimates, said IHS Cambridge Energy Research Associates (IHS CERA) in a new analysis.

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