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

Production ramps up from Sunrise oil sands project

Jul 6, 2015

Husky Energy Inc., Calgary, reported that 25 well pairs are now on production at its Sunrise oil sands project in northeastern Alberta. Steaming is under way on 43 of 55 well pairs.

CERI: Energy, operational efficiencies possible in Canadian oil, gas

Jul 6, 2015

Measures can be taken by operators in the expanding resource-intensive Canadian oil and gas sector to improve both energy efficiency and operational efficiencies, according to a report from the Canadian Energy Research Institute (CERI).

Group suggests principles for Alberta royalty review

Jul 6, 2015

The Canadian Association of Petroleum Producers (CAPP) has suggested that four principles guide Alberta in an oil and gas royalty review planned by a new center-left government in conjunction with a toughened approach to climate change.

Group suggests principles for Alberta royalty review

Jun 29, 2015

The Canadian Association of Petroleum Producers (CAPP) has suggested that four principles guide Alberta in an oil and gas royalty review planned by a new center-left government in conjunction with a toughened approach to climate change.

A strategy shift-2

Jun 26, 2015

Notwithstanding occasional laments to the contrary, the US has had a consistent energy strategy since at least World War II. 

CAPP: Oil sands producers prepared to take greater role reducing emissions

Jun 26, 2015

Canada’s oil sands producers are prepared to take a greater leadership role in reducing greenhouse-gas emissions, according to the Canadian Association of Petroleum Producers.

CAPP: Canadian production to reach 5.3 million b/d by 2030

Jun 22, 2015

The Canadian Association of Petroleum Producers (CAPP) estimates production of Canadian oil will increase 43% over 16 years to 5.3 million b/d by 2030 compared with 3.7 million b/d in 2014.

ExxonMobil begins Kearl oil sands production

Jun 16, 2015

ExxonMobil Corp. has begun bitumen production at its Kearl oil sands expansion project in Alberta. The company expects output to reach 110,000 b/d, doubling previous Kearl production.

SPE Conference: Heavy oil development requires long-term view, incoming president says

Jun 15, 2015

Speaking to a half-empty auditorium that reflected the tough economic environment of the North American onshore market, Janeen Judah, incoming president of the Society of Petroleum Engineers, addressed attendees June 10 at SPE Canada Heavy Oil Technical Conference in Calgary about the problems facing heavy oil.

CAPP: Canadian production to reach 5.3 million b/d by 2030

Jun 11, 2015

The Canadian Association of Petroleum Producers (CAPP) estimates production of Canadian oil will increase 43% over 16 years to 5.3 million b/d by 2030 compared with 3.7 million b/d in 2014.

Foster Creek resumes operations after CLAWR forest fire

Jun 11, 2015

Cenovus Energy Inc. reported on June 11 that it has resumed operations at its Foster Creek oil sands project in northern Alberta after a forest fire on the Cold Lake Air Weapons Range (CLAWR) led to a precautionary, 11-day shutdown of the operation on May 23.

SPE Conference: Heavy oil development requires long-term view, incoming president says

Jun 9, 2015

Speaking to a half-empty auditorium that reflected the tough economic environment of the North American onshore market, Janeen Judah, the incoming president of the Society of Petroleum Engineers, addressed the problems facing heavy oil.

ConocoPhillips reports first steam from Surmont 2 in Alberta

Jun 1, 2015

ConocoPhillips reported first steam on May 29 from Phase 2 of its Surmont oil sands project in the Athabasca region of northeastern Alberta.

La Jolla Conference: Industry panel bullish on oil prices, but sees more suffering to come

Jun 1, 2015

Crude oil prices are still about half their value compared with a year ago, but the now prolonged slump is unfolding such that another rise could be on the horizon, a panel of industry observers agreed on May 20 during the XXIV La Jolla Energy Conference in La Jolla, Calif.

Forest fire causes Cenovus to shutter Foster Creek facilities

May 26, 2015

Cenovus Energy Inc. halted production on May 23 from its Foster Creek oil sands and Athabasca natural gas operations as a precaution due to a forest fire about 25 km south on the Cold Lake Air Weapons Range (CLAWR) in northeastern Alberta.

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