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Oil sands were by then the source of 62% of Alberta's total oil production and 47% of all oil produced in Canada. [33] As of 2010, oil sands production had increased to over 1.6 million barrels per day (250,000 m 3 /d) to exceed conventional oil production in Canada. 53% of this was produced by surface mining and 47% by in-situ techniques.
From 1999 to 2004, ATP technology was used for shale oil extraction at the Stuart Oil Shale Plant in Australia. [ 1 ] [ 4 ] [ 6 ] During that time, 1.5 million barrels (238.48 × 10 ^ 3 m 3 ) of shale oil was extracted before the owner, Southern Pacific Petroleum Pty Ltd went into receivership.
The Athabasca oil sands, also known as the Athabasca tar sands, are large deposits of oil sands rich in bitumen, a heavy and viscous form of petroleum, in northeastern Alberta, Canada. These reserves are one of the largest sources of unconventional oil in the world, making Canada a significant player in the global energy market.
The Alberta Oil Sands Technology and Research Authority (AOSTRA) was an Alberta crown corporation to promote the development and use of new technology for oil sands and heavy crude oil production, and enhanced recovery of conventional crude oil. It was funded by the Alberta Heritage Savings Trust Fund. Its head office and information centre ...
In 2007 the World Energy Council estimated that these oil sands areas contained at least two-thirds of the world's discovered bitumen in place at the time, [3] with an original oil-in-place (OOIP) reserve of 260,000,000,000 cubic metres (9.2 × 10 12 cu ft) (1.6 trn barrels), an amount comparable to the total world reserves of conventional oil.
Map of all pipelines regulated by the Canadian Energy Regulator that originate from Alberta. Graph outlining oil prices and breakevens for different extraction. methods used in Alberta. Planned production in the Athabasca oil sands. This is a brief timeline covering the history of the petroleum industry Alberta and its predecessor states.
The Kearl Oil Sands Project is an oil sands mine in the Athabasca Oil Sands region at the Kearl Lake area, about 70 kilometres (43 mi) north of Fort McMurray in Alberta, Canada that is operated by the 143-year old Calgary, Alberta-headquartered Imperial Oil Limited—one of the largest integrated oil companies in Canada.
This is a list of articles related to Canadian oil sands: Athabasca oil sands; Black Bonanza; BP § Canadian oil sands; Canadian Centre for Energy Information; Canadian oil sands (disambiguation) Climate change in Canada; Cold Lake oil sands; Environmental impact of mining; History of Alberta § oil sands; History of the petroleum industry in ...