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bp has agreed to sell its 50% interest in the Sunrise oilsands project in Alberta, Canada, to Calgary-based Cenovus Energy, the other owner of the Sunrise project. In Canada, bp will no longer have interests in oilsands production and will shift its focus to future potential offshore growth. 650 water depth.
Researchers at the University of Calgary are developing ultra-dispersed (UD) nanocatalysts for the in situ upgrading of heavy oil and bitumen from deep reservoirs. One of the challenges of such an approach is the placement of the catalyst deep into the heavy oil plume by transporting a catalyst suspension through the sand medium.
Cenovus Energy Inc. increased its oilsands production 14% in 2013, from 89,736 barrels per day in 2013 to 102,500 bbls/day in 2013. The increase in production from the company’s oilsands operations in 2013 was largely driven by its Christina Lake project. billion BOE. billion BOE.
American Commercial Lines (ACL) will begin transporting crude oil by barge on the US inland waterways for MEG Energy (US) Inc. MEG Energy), a subsidiary of the Canadian oilsands company MEG Energy Corp. MEG Energy is a Canadian oilsands company focused on in situ development and production.
Suncor Energy is not proceeding with the Voyageur bitumen upgrader project in the Canadian oilsands. The oil market environment in the North America has changed significantly, Total notes. billion in the intermediate consolidated financial statements for the first quarter of 2013. Total also owns a 39.2%
SOLVE adds a solvent to the steam in SAGD (basic operation depicted above) to reduce energy input and water consumption. The production well extracts the bitumen to surface heavy oil production facilities. SAGD is the predominant in-situ recovery method currently used in Canada’s oilsands. Source: StatoilHydro.
Suncor Energy has received conditional approval for its oilsands fluid tailings management plan from Alberta’s Energy Resources Conservation Board ( ERCB ). Tailings are a mixture of fine clay, sands, water and residual bitumen produced through the oilsands extraction process, and are held in massive “ponds”.
an innovator in the field of enzyme-enabled carbon capture technology, announced that it has exceeded the second set of technical performance milestones for its oilsands project. CO 2 Solutions’ technology platform uses carbonic anhydrase to accelerate the capture of CO 2 with energy-efficient solvents. Nathalie J.M.C.
MCW Energy Group, a Canadian holding company involved in fuel distribution and the creation of oilsands extraction technology, announced successful results of processing random Alberta oilsands tailings ponds samples in a series of preliminary laboratory tests. of bitumen. Sale of hydrocarbons retrieved.
TransCanada Corporation has entered into binding agreements with Phoenix Energy Holdings Limited (Phoenix) to develop the Grand Rapids Pipeline project in Northern Alberta. The system will have the capacity to move up to 900,000 barrels per day of crude oil and 330,000 barrels per day of diluent.
However, the new forecast represents a slowing of future oilsands production growth compared to the predictions of last year’s forecast. According to CAPP’s 2014 Crude Oil Forecast, Markets and Transportation , total Canadian crude oil production will increase to 6.4 million barrels per day in 2013. In 2013, 1.9
Cenovus Energy Inc. received approval from the Alberta Energy Regulator (AER) for its 100%-owned Grand Rapids thermal oilsands project. Cenovus and its predecessor companies have been operating and producing oil in the area for more than 15 years from the Wabiskaw formation, which is a deeper geological zone.
The carbon intensity (CI) of Alberta oilsands production has significantly decreased over the last 40 years, according to a new study by a team from Stanford University published as an open access paper in the journal Environmental Research Letters. Trends in well-to-wheel pathway-specific CI. Click to enlarge. Englander et al.
Cenovus Energy Inc. is producing oil from phase D at its Christina Lake oilsands operation approximately three months ahead of schedule and within budget. Cenovus has decades of growth ahead in the oilsands. The manufacturing approach we use to develop our oilsands projects supports this long-term growth.
and owned by Kinder Morgan Energy Partners, L.P.: BP Canada Energy Trading Company; Canadian Natural Resources; Canadian OilSands Limited; Cenovus Energy Inc.; Devon Canada Corporation; Husky Energy Marketing Inc.; Imperial Oil Limited; Nexen Marketing Inc.; Suncor Energy Marketing Inc.;
The Woodland Pipeline Extension is being constructed to serve the Imperial Oil and ExxonMobil Kearl oilsands project and its recently announced expansion. Enbridge brought into service the Woodland Pipeline between the Kearl oilsands project and the Enbridge Cheecham terminal in the fall of 2012.
The report provides nine different Tailings Technology Deployment (TDD) Roadmaps to accelerate the implementation of oilsands tailings solutions in Alberta. After oilsands ore is excavated from the ground (surface mining operations, not in situ production), warm water is added to wash the bitumen off the. sand and clay.
Imperial Oil Limited has begun the initial development of the Kearl oilsands project ( earlier post ), which incorporates technology innovations to enhance environmental performance. Kearl will be the first oilsands mining operation that does not require an upgrader to make a saleable crude oil.
Suncor is targeting 1 million barrels per day output in 2020, with its growth in the oilsands underpinned by its alliance with Total. Canada-based Suncor Energy Inc., Approximately 80% of that production will be from the oilsands. Suncor Energy Inc. Click to enlarge.
Shell Canada has started its commercial-scale Atmospheric Fines Drying field demonstration for managing tailings from its oilsands operations. Tailings are a mixture of fine clay, sands, water and residual bitumen produced through extraction processes used with surface mining production (i.e., Tags: Oilsands.
Cenovus Energy Inc., a Canadian integrated oil company, reported an increase in third quarter crude oil production year-on-year of about 4% due to oilsands production that was 14% higher compared with the same period a year earlier. Conventional oil production slightly declined due to a combination of factors.
The study also found that any absence of oilsands on the US Gulf Coast would most likely be replaced by imports of heavy crude oil from Venezuela, which has the same carbon footprint as oilsands crude. This indicates that oilsands can grow using rail; it is already happening. Earlier post.). Earlier post.).
Diluted bitumen has no greater likelihood of accidental pipeline release than other crude oils, according to a new report from the National Research Council (NRC). The NRC committee was not asked to address whether the consequences of a diluted bitumen release differ from those of other crude oils. Earlier post.).
Suncor Energy has reached an agreement to sell the conventional portion of its natural gas business in Western Canada for $1 billion to a newly established partnership between Centrica plc and Qatar Petroleum International. Estimated production from this business in 2013 is approximately 42,000 boe/d (90% gas). Source: Suncor.
In a new, comprehensive study, a team from Argonne National Laboratory, Stanford University and UC Davis ITS has estimated the well-to-wheels (WTW) GHG emissions of US production of gasoline and diesel sourced from Canadian oilsands. g CO 2 e/MJ for US conventional crude oil recovery. This range can be compared to ∼4.4
TransCanada Corporation will hold a binding open season to obtain firm commitments from interested parties for a pipeline to transport crude oil from Western Canada to Eastern Canadian markets. The Energy East Pipeline could eliminate Canada’s reliance on higher priced crude oil currently being imported, TransCanada suggests.
The Obama Administration will delay a decision on approving the Keystone XL pipeline from Canada until sometime in 2013—i.e., Among the relevant issues that would be considered are environmental concerns (including climate change), energy security, economic impacts, and foreign policy. after the US elections in November 2012.
When it takes up to four million pounds of sand to frack a single well, it’s no wonder that demand is outpacing supply and frack sand producers are becoming the biggest behind-the-scenes beneficiaries of the American oil and gas boom. says the output of wells is up to 30% higher when they are blasted with more sand.
Exxon Mobil has started production at its Kearl oilsands expansion project in Alberta, Canada ahead of schedule; the expansion is expected to double overall capacity to 220,000 barrels of bitumen a day, with the expansion itself ultimately expected to reach 110,000 barrels per day. Kearl will access approximately 4.6 Earlier post.).
Royal Dutch Shell plc will proceed with its Carmon Creek project in Alberta, Canada, expected to produce up to 80,000 barrels of oil per day. Once the project is up and running the aim is to virtually eliminate the need for freshwater use for steam generation through recycling of water produced with the oil.
Comparison of the percent differential for WTW (well-to-wheel) GHGs from gasoline produced from WCSB oilsands using different production processes relative to gasoline produced from reference crudes. The proposed Project is not likely to impact the amount of crude oil produced from the oilsands. Click to enlarge.
an innovator in the field of enzyme-enabled carbon capture technology, has entered into a Collaboration Agreement with Husky Energy. The project will be funded in part by the Government of Canada’s ecoENERGY Innovation Initiative (ecoEII) program, as previously announced on 24 January 2013. energy aqueous solvents.
Exxon Mobil Corporation plans to invest approximately $185 billion over the next five years to develop new supplies of energy to meet expected growth in demand, Chairman and CEO Rex W. Tillerson said that even with significant efficiency gains, ExxonMobil expects global energy demand to increase by 30% by 2040, compared to 2010 levels.
The proposed pipeline was to carry oilsands crude from Canada to the US Gulf Coast. I’m disappointed that Republicans in Congress forced this decision, but it does not change my Administration’s commitment to American-made energy that creates jobs and reduces our dependence on oil. Earlier post.).
CN will start serving a new advanced frac sand terminal north of Grande Prairie, Alta., starting in November 2013. The new 20-acre facility being built by Di-Corp of Edmonton will have an annual throughput capacity of 550,000 tons of frac sand and have three tracks capable of holding 44 rail cars for unloading.
The Alberta Energy Regulator (AER) reports that 1,275.7 HPCSS has been used in oil recovery in Alberta for more than 30 years, AER noted. The heat softens the bitumen and the water dilutes and separates the bitumen from the sand. The incident site locations are approximately 45 km NW of Cold Lake, Alberta.
turbocharged engine is available in the 2013 Chevrolet Malibu. engine that also is new in the 2013 Malibu—and builds on previous GM turbo engines with features that enhance efficiency, durability and refinement. Additional engine features include: A precision sand-cast engine block with cast-in-place iron liners.
BP said that 2013 had been its most successful year for new field exploration for almost a decade. In mid-December 2013, BP announced its discovery in the Gila prospect, its latest in the Paleogene in the deepwater US Gulf of Mexico. billion barrels of oil equivalent, according to Cobalt. Click to enlarge.
A report on their work is published in the ACS journal Energy & Fuels. Current heavy oil and bitumen production processes are high-energy and water-intensive and, consequently, have significant environmental footprints because of the production of gaseous emissions such as CO 2 and generating huge amounts of produced water.
The cost associated with replacing a barrel of produced oil has risen from $6 per barrel in 1998 to $27 per barrel in 2011, according to Lux Research—an increase of 350%. Unconventional oil will be a key area of focus for producers. will be in the oilsands. Cost to replace each barrel of oil produced.
The US Department of Energy (DOE) is providing $41,270,609, with the remainder funded by industry and the research partners. Post-cruise analyses will determine the in situ concentrations, the physical properties, the lithology, and the thermodynamic state of methane hydrate bearing sand reservoirs.
As the world population increases by the estimated 30% from 2010 to 2040, ExxonMobil sees global GDP rising by about 140%, but energy demand by only about 35% due to greater efficiency. Even as demand increases, the world will continue to become more efficient in its energy use, according to the 2015 Outlook for Energy: A View to 2040.
Investment into emerging oil and gas E&P (exploration and production) technologies, which were nearly non-existent in 2003, at just $57 million, have attracted nearly $7 billion in private investment from 497 unique transactions, according to a new report from Lux Research, “ Investing in Next Generation Oil and Gas Technologies ”.
Despite what appears to be a saturated oil market in 2014, oil producers around the world will struggle to meet rising demand over the next few decades. Global oil demand is expected to increase by 37 percent by 2040, with a dominant proportion of that coming from developing countries—i.e. China and India.
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