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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.
Operates Alberta's electrical grid and electricity generation market (which as of November 2023, is 46% owned by TransAlta [6] [7]). Affordability and Utilities: Alberta Utilities Commission: Regulatory/Adjudicative Responsible for regulating the utilities sector, natural gas, and electricity markets. Affordability and Utilities: Balancing Pool ...
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 ...
This discovery indirectly contributed to post-war exploration in Alberta, and the decision to drill Leduc No. 1. Like Leduc, the Norman Wells discovery was drilled into a Devonian reef. After the Second World War, Imperial identified what it thought might be the same kind of structure in Alberta, and consequently located the great Leduc oil field.
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]
Alberta's first energy regulatory body was created in 1938. A succession of agencies led to the new ERCB being established 1 January 2008, as a result of the realignment of the Alberta Energy and Utilities Board (EUB) into the ERCB and the Alberta Utilities Commission. The ERCB also includes the Alberta Geological Survey.
The Alberta government's Energy and Utilities Board (EUB) estimated in 2007 that about 173 billion barrels (27.5 × 10 ^ 9 m 3) of crude bitumen were economically recoverable from the three Alberta oil sands areas based on then-current technology and price projections from the 2006 market prices of $62 per barrel for benchmark West Texas ...
Wabasca is an oil field in a remote area of northern Alberta, Canada. It is the fourth largest deposit of oil sands located in Alberta, located southwest of the larger Athabasca oil sands deposit. [1] [2] [3] It is also known as the Pelican Lake Oilfield. [4] The closest community is Wabasca.