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The Pembina oil field is one of the largest and most prolific conventional oil fields in the province of Alberta, Canada. [ 1 ] The mature field is centered on Drayton Valley and is named for the Pembina River , which crosses the region from southwest to northeast.
The greatest discovery, in terms of quantity, size, and overall effect on the industry was the discovery of the Pembina oil field by Mobil Oil in February 1953. [33] [32] With the discovery of the Leduc oil field in 1947 and the Redwater oil field in 1948 Manning's government realized the incredible potential of the massive oil reserves ...
Jobs, Economy, and Trades: Alberta Labour Relations Board (ALRB) Regulatory/Adjudicative Administers, reviews, and rules on applications and filings related to Alberta's labour laws, including unionization votes, strike votes, and union busting. Jobs, Economy, and Trades: Northern Alberta Development Council Advisory
The energy industry provided 7.7% of all jobs in Alberta in 2013, [7] and 140,300 jobs representing 6.1% of total employment of 2,286,900 in Alberta in 2017. [11] The unemployment rate in Alberta peaked in November 2016 at 9.1%. Its lowest point in a ten-year period from July 2009 to July 2019, was in September 2013 at 4.3%. [12]
The federal government took a 15 per cent interest, Alberta 10 per cent and Ontario five per cent. The private partners - Cities Service Canada, Gulf Oil Canada and Imperial Oil - agreed to retain their $1.4 billion interest in the project, but gave Alberta the option to convert a $200 million loan to Gulf and Cities Service into ownership ...
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By 1973 the importance of the Alberta oil sands was already realized as an enormous back up supply but was considered to be the second line of defence in comparison to the oil shales of western Colorado and parts of Utah and Wyoming. [5] The Peace River oil deposits production followed technological advances.
The first well to be fractured in Canada was the discovery well of the giant Pembina oil field in 1953 and since then over 170,000 wells have been fractured. The Pembina field is a "sweet spot" in the much larger Cardium Formation , and the formation is still growing in importance as multistage horizontal fracturing is increasingly used.