May 13, 2013
Bitumen will claim an increased share of sharply higher oil production in Alberta over the next 10 years, according to the provincial Energy Resources Conservation Board.
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May 9, 2013
Canada’s minister of natural resources has warned officials of the European Union against “discriminatory treatment” of fuels made from products of Canadian oil sands.
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Apr 15, 2013
A hearing on US Rep. Lee Terry's (R-Neb.) bill to congressionally authorize construction of the final portion of the proposed Keystone XL crude oil pipeline revealed how wide the gap has grown between the viewpoints of the project's proponents and opponents.
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Mar 28, 2013
Prospects for new bitumen upgraders in Alberta have soured since the global recession of 2008, notes a study published by IHS on the same day plans were reported cancelled for a large project near Fort McMurray (OGJ Online, Mar. 27, 2013).
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Mar 27, 2013
Suncor Energy Inc., Calgary, has scrapped plans for the Voyageur upgrader project near Fort McMurray, Alta., and has acquired partner Total E&P Canada Ltd.’s interest for $515 million.
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Mar 27, 2013
Gulfport Energy Corp., Oklahoma City, expects delineation drilling in the May River area of northern Alberta by Grizzly Oil Sands ULC to lead to filing of applications for thermal recovery of bitumen.
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Mar 23, 2013
US Interior Sec. Ken Salazar issued a record of decision that finalizes a development process for federal oil shale and tar sands resources in Colorado, Utah, and Wyoming. The US Bureau of Land Management simultaneously proposed revisions to regulations governing commercial development of those resources.
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Feb 28, 2013
ConocoPhillips is planning to sell some of its interest in the Australia Pacific LNG project and in the Canadian oil sands in a strategy to devote more cash to US shale plays, ConocoPhilips Chief Executive Ryan Lance said during a Feb. 28 investor and analyst meeting.
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Feb 4, 2013
Imperial Oil has begun commissioning its initial Kearl oil sands mining development in the northern Athabasca region of Alberta and expects production of diluted bitumen from the first froth-treatment train to begin this quarter (OGJ Online, Jan. 19, 2012). Production will ramp up to 110,000 b/d of bitumen over several months.
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Feb 4, 2013
About one third of the worldwide supply of crude oil costs less than $10/bbl to produce, and nearly 90% costs less than $20/bbl, according to a study arguing that production costs don't explain recent crude-price increases.
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Jan 21, 2013
The US will continue to need hydrocarbons from the oil sands of Canada despite its rising output of light oil from tight formations, which nevertheless are reshaping markets for heavy Canadian material, says IHS.
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Jan 17, 2013
Sunshine Oilsands Ltd., Calgary, has approved a budget for 2013 that includes the drilling of 16 well-pairs at its West Ells project and preliminary work at its Thickwood and Legend Lake areas, all in the Athabasca oil sands region of Alberta and targeted for development with steam-assisted gravity drainage.
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Jan 14, 2013
The US will continue to need hydrocarbons from the oil sands of Canada despite its rising output of light oil from tight formations, which nevertheless are reshaping markets for heavy Canadian material, says IHS.
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Jan 10, 2013
Alberta Oilsands Inc., Calgary, has responded to the last request from Alberta officials for supplementary information in its application for a pilot project to produce bitumen with solvent-steam injection at its Clearwater acreage in northeastern Alberta.
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Jan 10, 2013
Cavalier Energy Inc. has received an independent assessment of its Hoole oil sands leases in Alberta indicating probable reserves of 93 million bbl of recoverable bitumen in sections for which it is seeking approval for in situ development (OGJ Online, Dec. 17, 2012).
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