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Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

Green Car Congress

Using thermal recovery processes in heavy oil reservoirs depends largely on. Oil price volatility has in the past been a significant deterrent to heavy oil project investment by industry, particularly by smaller independent producers, the DOE notes.

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Opinion: Busting The “Canadian Bakken” Myth

Green Car Congress

“NEB and GNWT study finds 200 billion barrels of oil in the Sahtu,” gushed CBC News , referring to a region of the sprawling territory that cuts across three provinces and touches the Arctic Ocean. Indeed that is the question on the minds of oil investors as they digest the latest numbers of potential barrels of oil under the Arctic tundra.

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