Search results
Results From The WOW.Com Content Network
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 [36] of the Western Canadian Sedimentary Basin formation. [36]
Because proven reserves include oil recoverable under current economic conditions, nations may see large increases in proven reserves when known, but previously uneconomic deposits become economic to develop. In this way, Canada's proven reserves increased suddenly in 2003 when the oil sands of Alberta were seen to
The Athabasca oil sands, also known as the Athabasca tar sands, are large deposits of oil sands rich in 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.
This figure includes the oil sands reserves that are estimated by government regulators to be economically producible at current prices using current technology. [1] According to this figure, Canada's reserves are third only to Venezuela and Saudi Arabia. Over 95% of these reserves are in the oil sands deposits in the province of Alberta. [2]
The second largest the, Cold Lake oil sands deposit is south of Athabaska and the Wabasco oil sands are south of Athabaska and usually linked to it. [1] According to the Petroleum Economist , oil sands occur in more than 70 countries, but the bulk is found in these four regions together covering an area of some 77,000 square kilometres (30,000 ...
The Tar Sand Triangle is located in Southeastern Utah and covers an area of 148,000 acres (600 km 2). It is located between the Dirty Devil and Colorado Rivers in Wayne and Garfield Counties. The Tar Sand Triangle is the largest deposit of oil sands in the United States known today.
The United States has the largest known deposits of oil shale in the world, according to the Bureau of Land Management and holds an estimated 2.175 trillion barrels (345.8 km 3) of potentially recoverable oil. [21] Oil shale does not actually contain oil, but a waxy oil precursor known as kerogen.
In common usage, deposits rich in oil are known as oil fields, and deposits rich in natural gas are called natural gas fields. In general, organic sediments buried in depths of 1,000 m to 6,000 m (at temperatures of 60 ° C to 150 °C) generate oil, while sediments buried deeper and at higher temperatures generate natural gas.