Husky Energy Inc. is seeking approval to increase the capacity of its Sunrise SAGD project to 69,000 bbls of bitumen a day from the current design capacity of 60,000 bbls a day.
February 21, 2017, 11:55 AM MST
Alberta’s recent oilpatch technology history is littered with partial upgrading processes that sounded promising, but never advanced to large-scale commercial development.
February 15, 2017, 6 AM MST
Slower supply growth will bolster world oil prices this year, but accelerating production and slowing demand are expected to keep a lid on prices in 2018, says a Wood Mackenzie analyst.
February 9, 2017, 11:19 AM MST
In 2011, Imperial Oil Limited’s Cold Lake thermal bitumen project set a production record for the year of an average 160,000 bbls, beating the previous annual record of 154,000 bbls a day set in 2007 (DOB, Jan. 31, 2012).
February 3, 2017, 9:23 AM MST
Alberta’s Minister of Economic Development and Trade defended his government’s climate plan on Wednesday as people in industry voiced fears that the carbon emissions reduction strategy would hurt the province’s competitiveness.
February 2, 2017, 11:41 AM MST
Imperial Oil Limited expects capital spending of about $1 billion this year, down from $1.16 billion in 2016.
January 31, 2017, 10:44 AM MST
A few years ago Canadian Natural Resources Limited talked about increasing the output of its Horizon oilsands mine to 500,000 bbls a day.
January 27, 2017, 12 PM MST
Husky Energy Inc. is optimistic about proceeding with its West White Rose offshore project and reinstating its corporate dividend, though it foresees higher service costs in Western Canada and is monitoring U.S. political developments.
January 26, 2017, 11:58 AM MST
GMP FirstEnergy expects further firming of world oil prices and a bullish upswing in North American natural gas prices in 2017, says Martin King, director of institutional research.
January 18, 2017, 6 AM MST
Would the United States actually pass a law that would make the oil and natural gas it imports from Canada more expensive for U.S. consumers?
January 18, 2017, 12:08 PM MST
Last week the Bulletin looked at technologies being developed to reduce oilsands costs. In the final story today: one man's thoughts on the way forward.
December 19, 2016, 5:56 AM MST
One of the most complicated components of a SAGD central processing facility is the lime-softening process commonly used to prepare produced water to be recycled through the steam generators.
December 16, 2016, 6 AM MST
Using carbon dioxide from flue gas could help reduce chemical costs by roughly $1 million a year on 50,000-bbl-a-day thermal oil projects where lime softeners treat boiler feed water, an engineering firm estimates.
December 16, 2016, 6 AM MST
WorleyParsons Limited, the Australian engineering company, believes a process used in other industries for decades could replace most lime softeners used in the Alberta oilsands.
December 15, 2016, 6 AM MST
Both California and Alberta are major thermal oil producers, but there’s one big difference.
December 14, 2016, 6 AM MST
Could electric heaters optimize some cold heavy oil wells?
December 13, 2016, 7:58 AM MST
As oil prices plunged over the past two years, several small SAGD projects shut down, and although some new projects obtained regulatory approval, none have started construction.
December 12, 2016, 8:42 AM MST
When Montney producer Canbriam Energy Inc. began in 2007, the shale revolution had yet to transform North American hydrocarbon production.
November 22, 2016, 3:11 AM MST
Tourmaline Oil Corp. today announced a $1.35 billion capital program for 2017, based on the acquisition of Alberta Deep Basin and northeast British Columbia Montney assets from Royal Dutch Shell plc.
November 15, 2016, 11:49 AM MST
Harvest Operations Corp. will continue to keep spending reined in and has not set a date for the startup of its mothballed oilsands project.
November 11, 2016, 10:41 AM MST
Peyto Exploration & Development Corp. has announced a preliminary 2017 capital program of between $550 million and $600 million, up from estimated 2016 capital spending of $475 million.
November 10, 2016, 12:02 PM MST
Few issues are more important to Alberta’s oil sector than access to tidewater, and Donald Trump may be more predisposed to approving new pipelines than rival U.S. presidential candidate Hillary Clinton, an Alberta economist said on Tuesday.
November 9, 2016, 11:43 AM MST
Canadian Natural Resources Limited will ramp up capital spending during the rest of 2016 with the biggest share of the increase going to drilling.
November 3, 2016, 12 PM MDT
Penn West Petroleum Ltd. has acquired Mitsubishi Corporation’s 50 per cent interest in the Cordova natural gas joint venture in northeast British Columbia.
November 2, 2016, 11:35 AM MDT
Saskatchewan has thousands of cold heavy oil wells that are nearing the end of their productive lives. Those wells will eventually be abandoned, but current cold heavy oil technology leaves roughly 90 per cent of the resource in the reservoir after production has ended.
November 1, 2016, 9:59 AM MDT