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Oilfield service companies may produce, maintain, and repair equipment used in oil extraction and oil transportation. [1] In 2019, the global oilfield services market was US $ 267.8 billion. [ 2 ]
In 1980, a plant in Cold Lake was one of just two oil sands plants under construction in Alberta. [4] Although not developed as quickly and extensively as originally envisioned, an Imperial Oil plant in Cold Lake became the largest in situ oil sands project constructed in Alberta during the 1980s. By 1991, its daily oil production was 90,000 ...
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.
However, in 1947 the first big oil discovery was made in Alberta when Leduc No. 1 struck oil 40 kilometres (25 mi) southwest of central Edmonton, Alberta. It was followed by many even larger discoveries in Alberta, so pipelines were built to take the newly discovered oil to refineries in the American Midwest and from there to refineries in Ontario.
The development of which produced even more oil. The field was eventually determined to be 32 km (20 mi.) long and 6½ km (4 mi.) wide. By 1953 the oil field supported 926 wells and was producing almost 30% of the entire province's output. The large volume of crude being produced made the construction of large transmission pipelines essential. [32]
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]
Horizon Oil Sands is an oil sands mining and upgrading project in Bitumount, Alberta, Canada. The project includes a surface oil sands mining and bitumen extraction plant, complemented by on-site bitumen upgrading with associated infrastructure. [1] Initial examination of the Horizon project began in 2004. [2]
the Suncor Edmonton Refinery (Suncor Energy), which can process 135,000 barrels per day (21,500 m 3 /d) [7] The other main refineries in the Edmonton area are also located in Strathcona County, in a separate concentration around Scotford, Alberta. Refinery Row suffered F4 damage from the Edmonton Tornado on July 31, 1987.
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