Tag: SAGD
Big Data and analytics part of technology push by Cenovus – Part 2
Cenovus opex costs already under $9/b, can it be reduced another 20% to 30%? In Part 1 of this column on Cenovus Energy, I reported on the company’s drive to lower it operating costs by substituting light hydrocarbon solvents for steam generated by burning natural gas. In Part 2, I’ll look at how Cenovus is […]
Suncor applies to construct new 40,000 barrels a day oil sands project
Construction would start as early as 2022 The Alberta Energy Regulator announced in a press release that Suncor Energy Inc. applied under the Oil Sands Conservation Act and the Environmental Protection and Enhancement Act, Oil and Gas Conservation Act, Pipeline Act, Public Lands Act and Water Act to construct, operate, and reclaim the Meadow Creek West Project. The project would recover 6359 cubic metres […]
Oil/gas innovation brief July 10: Lithium from wastewater pilot project completed in Alberta
Also in this brief: Wireless sensing energizes oil/gas pipeline monitoring, Alberta engineering sector begins recovering in 2017 Lithium from SADG wastewater process pilot plant completed in Alberta MGX Minerals Inc. – a Canadian company with a patent to extract lithium from SAGD (steam assisted gravity drainage, used in oil sands production) wastewater – has completed an operating […]
Alberta oil sands economics much better than BC pipeline opponents allege
Oil sands costs down/productivity up, which drives higher volumes, increases need for new pipelines When oil prices collapsed in late 2014, oil producers did what they always do in such circumstances: drove down costs in order to survive. Saudi Arabia, attempting to push American shale drillers from the market, under-estimated just how low non-OPEC companies could […]
Koch Oilsands cancels project, citing Alberta climate plan
Following cancellation announcement, Koch filed application for 12,000 bbl/d SAGD project with Pengrowth In a letter to Alberta Energy Regulator, Koch Oilsands Operating ULC has requested the approved Muskwa SAGD project be rescinded before Dec 3. The 10,000 bbl/d project received regulatory approval in June 2014. “KOSO does not believe the current nor medium term economic environment in Alberta […]
Pan Orient announces contingent bitumen resources for Sawn Lake, AB project of Andora Energy
Andora is focused on developing bitumen resources at Sawn Lake in the Peace River Oil Sands Region using SAGD development CALGARY, ALBERTA – Pan Orient Energy Corp., on behalf of its 71.8 per cent owned subsidiary Andora Energy Corporation, is pleased to release the June 30, 2016 Contingent Resources Report which is a National Instrument 51-101 compliant resources […]
Waste Heat Challenge example of how Alberta oil sands will lick GHG emissions issue
Technology competitions like Waste Heat Challenge are terrific policy for stimulating technical innovation When Alberta Premier Rachel Notley announced her climate change policies last Nov., energy industry leaders promised they would “take the carbon out of the barrel,” which is not coincidentally is the goal of a new competition, the “COSIA-ARCTIC Waste Heat Challenge.” Unless you’re […]
One dead, one injured in explosion at Nexen oil sands plant
Calgary-based Nexen Energy ULC was acquired by China’s state-owned CNOOC Ltd. more than 2 years ago One worker was killed and one critically injured Friday afternoon in an explosion at a Nexen oilsands plant near Fort McMurray, Alta. Nexen Energy ULC issued a news release saying there is no immediate danger to the neighbouring community or to […]
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