Husky Energy Inc. has started commercial steam operations at the 10,000 bbl-per-day Rush Lake heavy oil thermal project in Saskatchewan, approximately eight weeks ahead of schedule.
May 21, 2015, 10:30 AM MDT
May 15, 2015, 10:38 AM MDT
May 14, 2015, 10:35 AM MDT
Next week (March 24-26), the international heavy oil community will gather in Canada’s oil capital, Edmonton, to examine the timely topic of ‘Producing More With Less’ at World Heavy Oil Congress.
March 19, 2015, 6 AM MDT
Quebec City-based CO2 Solutions Inc. says a CO2 capture unit for a pilot at Husky Energy Inc.’s Pikes Peak South thermal oil project in Saskatchewan is being built near Montreal and will be installed later this year.
February 3, 2015, 9:02 AM MST
Most of Canada’s polymer and alkaline surfactant polymer (ASP) floods generate an internal rate of return (IRR) of 15 per cent at an oil price of US$80 a bbl, Peters & Co. Limited found.
January 2, 2015, 10:21 AM MST
December 16, 2014, 10:32 AM MST
An independent assessment of Husky Energy Inc.’s heavy oil resources in the Lloydminster region has significantly increased the company’s overall working interest of total heavy oil initially in place estimate to 17 billion bbls, of which 16 billion bbls are discovered heavy oil initially in place.
December 10, 2014, 8:17 AM MST
October 8, 2014, 10:39 AM MDT
To-date, over 50 operators large and small have relied on Canadian Discovery Ltd. (CDL)’s ground-breaking Montney studies to inform and optimize their Montney programs. Two exciting new studies are now underway.
October 2, 2014, 8:15 AM MDT
Heavy oil producer Palliser Oil & Gas Corporation has entered into an amalgamation agreement with privately held Maha Energy Inc.
July 31, 2014, 8:05 AM MDT
The growing glut of light oil in the United States, coupled with tight pipeline capacity out of Western Canada, could result in widening discounts for Canadian light oil that reflect rail versus pipeline transportation costs to get it to export markets, says a new report.
July 23, 2014, 10:20 AM MDT
July 15, 2014, 9:24 AM MDT
When it comes to polymer flooding, Canadian Natural Resources Limited is best known for its large successful project at Pelican Lake in northeast Alberta.
June 19, 2014, 10:28 AM MDT
Bayshore Petroleum Corp. announces that a pilot test of heavy oil upgrading using the cold catalytic cracking process has been successfully implemented in Beijing’s Laboratory Centre.
June 11, 2014, 7:57 AM MDT
The chief executive of one of the country’s biggest heavy oil producers believes 2014 could be a breakout year for Canada’s heavy oil sector.
May 16, 2014, 10:18 AM MDT
Junior heavy oil producer BlackPearl Resources Inc. this year is undertaking the largest capital spending program in its history as it begins work on the Onion Lake thermal enhanced oil recovery (EOR) project in northwest Saskatchewan.
May 9, 2014, 9:19 AM MDT
May 8, 2014, 6:23 AM MDT
Gear Energy Ltd. has closed the acquisition of heavy oil assets focused near the company’s core producing areas of Wildmere in Alberta and Maidstone in Saskatchewan for $85 million, subject to post-closing adjustments.
May 1, 2014, 7:26 AM MDT
Invest in this year’s playbook for the Canadian heavy oil and oilsands sector.
April 22, 2014, 6 AM MDT
The Alberta Energy Regulator has accepted all the recommendations within its jurisdiction of an independent panel that conducted a hearing into odours and emissions from cold heavy oil production with sand (CHOPS) operations in the Peace River area.
April 16, 2014, 10:57 AM MDT
CO2 Solutions Inc. will install and operate a pilot unit capturing about 15 tonnes of carbon dioxide per day on a once-through steam generator at Husky Energy Inc.’s Pikes Peak South heavy oil project near Lloydminster, Sask.
April 16, 2014, 9:38 AM MDT
April 16, 2014, 9:46 AM MDT
Edge Resources Inc. says production from its newest CHOPS oil wells (cold heavy oil production with sand) continues to increase and the company’s total oil production is currently over 400 bbls of oil per day.
April 9, 2014, 9:28 AM MDT
Century Energy Ltd. says that it has sold the Vawn heavy oil assets, subject to shareholder and regulatory approval.
April 9, 2014, 9:26 AM MDT