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

CANADIAN UPSTREAM OUTLAYS TO SHOW GAIN

Sep 10, 1990 Exploration and development spending in the Canadian oil industry will increase by as much as 12% this year from the 1989 level, the Canadian Petroleum Association predicts. But CPA does not expect spending to be affected by the Middle East crisis and the resulting runup in oil prices. CPA Vice Pres. Hans Maciej said there may be increased drilling in 1991-but only if current higher oil prices are sustained.

RELATED FUELS-WORLDWIDE CONSTRUCTION

Oct 15, 1990 *Designates projects listed for the first time in the Journal. AMCOAL (MW Kellogg and Bechtel development). Quemahoning Indus. Park, Johnstown, Somerset County, Pa. Coal gasification plant processing 485 t/d high sulfur coal. When completed the plant will generate 60 mg electricity. Completion: 1991. *CHEVRON U.S.A. INC. Richmond, Ca. 130,000 kw waste gas fueled cogeneration plant. *EXXON CO. U.S.A. Benicia, Ca. 49,000 kw cogeneration plant.

MIDDLE EAST PROBLEMS GLOBAL BECAUSE OF OIL

Nov 12, 1990 Melvin E. Conant Conant & Associates Ltd. Washington, D.C. Whatever the outcome of the crisis with Iraq, win, lose, or draw, Saddam Hussein should be viewed as the latest in a series of Middle East figures whose capacity to make trouble is self-evident but who is also not unique on the Middle East stage; nor is he the last of his kind. By invoking the themes of political reform and of opposition to the intervention of foreign powers in Arab affairs-whatever the reasons for their presence-he

HORIZONTAL WELLS-5 FORMATION EVALUATION HELPS COPE WITH LATERAL HETEROGENEITIES

Nov 19, 1990 Michael Taylor Exlog Houston Nick Eaton Eastman Christensen Houston While drilling, maintaining the optimum position of the well bore with respect to productive intervals is paramount to the success of the horizontal well. Even the best understood reservoirs are at the mercy of lateral geological heterogeneities that influence production success. To date, horizontal drilling has targeted fractured reservoirs, thin oil plays, and reservoirs with known coning problems. Some fields are being

CANADIAN CARBON DIOXIDE FLOOD PROJECTS ADVANCING

Dec 10, 1990 Prospects are brightening for Canadian carbon dioxide flood projects. Shell Canada Ltd. plans a $40 million CO2 flood in a southeastern Saskatchewan oil field that would be the first phase of a project designed to recover as much as an incremental 80 million bbl of crude oil. Vikor Resources Ltd., Calgary, is mulling expansion Of its CO2 flood near Red Deer, Alta. Shell plans to begin work on its Midale field flood project in early 1991, pending government approval, with start-up scheduled for

OUTLOOK FOR CANADIAN OIL SANDS MIXED

Dec 17, 1990 Withdrawal of federal funding has set back a $4 billion oil sands project in Northern Alberta by at least 8 years, says National Energy Board. Meantime, Chevron Canada Resources Ltd. plans a new oil sands recovery pilot project on a 49,000 acre lease in the Fort McMurray region of northern Alberta. An NEB draft study on oil supply said construction of the OSLO oil sands plant is unlikely until 1999. The 77,000 b/d project by a group led by Esso Canada Resources Ltd. had a targeted construction

ESSO TO DEMOTHBALL PART OF HEAVY OIL PROJECT

Dec 24, 1990 Esso Resources Canada Ltd. plans to spend about $25 million to reactivate a segment of a mothballed heavy oil recovery project at Cold Lake, Alta. Phases 7 and 8 of the project, part of a larger Cold Lake steam injection operation, were essentially completed for $220 million in 1988 but shut in by low oil prices. The timetable calls for steaming to begin next March. Production from the demothballed phases is to reach about 14,500 b/d by third quarter 1991 and peak at 20,000 b/d early in 1992.

OGJ NEWSLETTER

Mar 11, 1991 It will take 5 years to complete the reconstruction of Kuwait's oil industry, says a Kuwait Oil Co. official. Ali al-Qabindi, coordinator of KOC's well fire containment campaign, gave that gloomy outlook after an extended tour of the burning oil fields (see story, p. 30).

OGJ NEWSLETTER

Apr 8, 1991 Market bulls are rearing their heads again. Kidder, Peabody sees the second quarter stronger than expected, citing declining U.S. gasoline stocks and lower than usual crude and distillate stocks and contending "there is no commercial surplus" because second quarter OPEC sales are likely to be less than the 22.3 million b/d quota.

OGJ GROUP'S 1990 PROFITS UP 14.1% AT $21.3 BILLION

Apr 15, 1991 Robert J. Beck Economics Editor Joan Bonfield Biggs Statistics Editor Oil & Gas Journal's group of 22 U.S. oil companies posted 1990 earnings of $21.3 billion, up 14.1% from 1989. Earnings in 1989 were down 12% from the year before. The increase last year occurred in spite of a loss of $1.7 billion by Occidental Petroleum Corp. because of restructuring charges of $2 billion in the fourth quarter. The group's fourth quarter 1990 earnings were $5.1 billion, a resounding 188.8% increase

RELATED FUELS - WORLDWIDE CONSTRUCTION

Apr 15, 1991 *Designates projects listed for the first time in the Journal. AMCOAL (MW Kellogg and Bechtel development). Quemahoning Indus. Park, Johnstown, Somerset County, PA coal gasification plant processing 485 t/d high sulfur coal. When completed the plant will generate 60 mgw electricity. Completion: 1991. CHAMBERS COGENERATION LP. Carney's Point, NJ two 140,000 kw pulverized coal fired steam generators. Contr: Foster Wheeler, Completion: Summer 1993. CHEVRON USA INC. Richmond, CA 130,000

OGJ NEWSLETTER

Apr 29, 1991 OPEC can expect a rough ride once it tries to reestablish quotas that include resumed production from Kuwait and Iraq.

LARGE ACCUMULATIONS OF OIL LIKELY BENEATH THRUST FAULTS IN EAST TEMBLOR RANGE AREA

Apr 29, 1991 Russell R. Simonson Geologist and Engineer Glendale, Calif. The southern part of the San Joaquin basin is one of the most prolific oil producing areas of the U.S. It accounts for 75% of California's annual production or 248 million bbl/year of oil. A large portion of this production is from "giant" fields (over 100 million bbl) or "supergiant" trends that will ultimately each produce 1 billion bbl or more of oil.

NIGERIAN OIL RESERVES RISE

May 27, 1991 Discoveries and improved reservoir management added 2.5 billion bbl to Nigeria's oil reserves during 1990, pushing total remaining reserves to 18.5 billion bbl. The industry's 1990 performance outstripped estimates that placed reserve growth last year at 1.1 million bbl. This would have increased total reserves to 17.1 billion bbl.

AOSTRA CLAIMS MAJOR OILSANDS BREAKTHROUGH

Jul 15, 1991 Alberta Oil Sands Technology and Research Authority (Aostra) has completed a horizontal well in situ steam injection project it calls a major breakthrough in commercially producing bitumen from the vast Athabasca oilsands deposit in Alberta. Aostra said its $71 million (Canadian) proof of concept pilot underground test facility (UTF) near Fort McMurray, achieved a 60% bitumen recovery rate, compared with less than 20% recovery typically achieved with Alberta bitumen. More than 100,000 bbl of
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