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The Athabasca oil sands, also known as the Athabasca tar sands, are large deposits of 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. [3]
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. [1][2] Kearl is owned ...
The largest Canadian oil sands deposit, the Athabasca oil sands is in the McMurray Formation, centered on the city of Fort McMurray, Alberta. It outcrops on the surface (zero burial depth) about 50 km (30 miles) north of Fort McMurray, where enormous oil sands mines have been established, but is 400 m (1,300 ft) deep southeast of Fort McMurray.
As of December 2009, Athabasca Oil Corporation owns leases and permits on 1,570,000 acres (6,400 km 2) in the Athabasca oil sands, but does not operate any commercial developments. [2] As of June 2010, the company's reserves included an estimated 8.6 billion barrels (1.37 × 10 9 m 3 ) of contingent resource (potentially recoverable oil) and ...
The Albertan petroleum industry has had massive, social, economical, political, cultural, and demographic influences on the province of Alberta during the 20th century and 21st century, especially during the second half of the 20th century. Oil and gas replaced Agriculture, and ranching as the primary industry and resulted in the province ...
Peace River oil sands. The Peace River oil sands deposit lies in the west of Alberta, and is deeper than the larger, better known Athabasca oil sands. Located in northwest-central Alberta, the Peace River oil sands deposit is the smallest of four large deposits of oil sands [1] of the Western Canadian Sedimentary Basin formation. [1]
There was to be royalties of $0.063 per cubic metre on production for the first five years, and $0.31 per cubic metre thereafter. Mining at the Abasand plant began May 19, 1941. By the end of September, 18,475 tonnes of oil sand had produced 2,690 cubic metres of oil, but in November fire destroyed the plant.
Athabasca oil sands. The Athabasca oil sands, which are situated almost entirely in Alberta, are the "fourth most carbon intensive on the planet behind Algeria, Venezuela and Cameroon" according to an August 8, 2018 article in the American Association for the Advancement of Science's journal Science. Their research concluded that "Canada's ...
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