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

OSHOT: China's ability to process Canadian heavy oil limited

Jul 25, 2012

China’s ability to process large volumes of heavy crude oil from Canada’s oil sands is limited. Xingyi Wang, vice-president of China National Petroleum Corp. America Ltd., made this remark July 25 while addressing China’s plans regarding heavy oil at the Oil Sands & Heavy Oil Technologies conference in Calgary.

Cenovus lists oil sands, heavy oil, conventional progress

Jul 25, 2012

Cenovus Energy Inc., Calgary, has provided updates on its Foster Creek, Christina Lake, Pelican Lake, Telephone Lake, and Narrows Lake oil sands and heavy oil projects in western Canada.

OSHOT: Recovered sulfur from oil, gas operations set to rise

Jul 24, 2012

The amount of sulfur recovered from global oil and gas operations is set to increase by the equivalent of 30% of current production during 2011-16, according to Uday Parekh of DEVCO, Tulsa.

IEA sees modest oil demand hike in 2013

Jul 23, 2012

In light of muted economic recovery, global oil demand in 2013 will increase by 1 million b/d to average 90.9 million b/d, the International Energy Agency said in its latest monthly Oil Market Report. For the first time, demand in developing countries will overtake demand in the Organization for Economic Cooperation and Development (OECD).

ERCB approves Quest CCS project in Alberta

Jul 12, 2012

The Energy Resources Conservation Board of Alberta has conditionally approved Shell Canada Ltd.’s application for the Quest carbon capture and storage (CCS) project at the Scotford Upgrader north of Edmonton.

Nexen notes progress in oil sands project

Jun 26, 2012

Nexen Inc. has begun production from the 12th pad at its Long Lake oil sands project and steaming of the 13th pad, saying it is adjusting work to quality of the complex resource in the southern Athabasca region of Alberta (OGJ Online, Apr. 16, 2012).

Canadian oil output seen doubling by 2030

Jun 6, 2012

Production of crude oil will more than double to 6.2 million b/d by 2030, largely from oil sands, according to the Canadian Association of Petroleum Producers.

First-phase STP-McKay expansion planned

May 11, 2012

Southern Pacific Resource Corp., Calgary, plans to expand its STP-McKay thermal oil sands project west of Fort McMurray, Alta., to boost first-phase development to a design capacity of 18,000 b/d of bitumen.

CNRL applies for in situ oil sands project

May 2, 2012

Canadian Natural Resources Ltd., Calgary, has applied with provincial authorities to develop an in situ project to produce as much 50,000 b/d of bitumen from the Athabasca oil sands region of Alberta.

Canada welcomes EC fuel directive delay

Apr 23, 2012

The Canadian government welcomed a decision by the European Commission to delay for further study an emissions-abatement measure that would penalize transportation fuels originating in the oil sands region of Alberta.

Suncor restarts bitumen upgrader

Apr 16, 2012

Suncor Energy has restarted the bitumen upgrader in Fort McMurray, Alta., that it shut down in March for unplanned maintenance (OGJ Online, Mar. 14, 2012).

Nexen advances Long Lake oil sands project

Apr 16, 2012

Nexen Inc. has begun steaming on the 12th pad at its Long Lake oil sands project in the southern Athabasca region of Alberta, which it is developing with steam-assisted gravity drainage integrated with a 60,000 b/d upgrader (OGJ Online, Nov. 28, 2011).

Cenovus advances Alberta oil sands project

Apr 9, 2012

Cenovus Energy Inc. has submitted applications for a thermal development project in the Athabasca oil sands of Alberta that will require dewatering of an aquifer overlying some of the bitumen.

CERI: Oil sands profitable and promising

Mar 27, 2012

Oil sands projects remain highly profitable for operators and governments and highly promising as a source of oil supply, according to an annual study by the Canadian Energy Research Institute.

MEG Energy starts Surmont consultation

Mar 19, 2012

MEG Energy Corp. will begin formal stakeholder consultation leading to regulatory applications to develop oil sands leases in the Surmont area of Alberta.

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