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Oil sands deposits in Alberta, Canada. It is difficult to grasp the immensity of Canada's oil sands and heavy oil resource. Fields in northern Alberta include four major deposits which underlie almost 70,000 square kilometres of land. The volume of bitumen in those sands dwarfs the light oil reserves of the entire Middle East.
Finally, transporting oil and gas by rail is generally more expensive for producers than transporting it by pipeline. On average, it costs between US$10-$15 per barrel to transport oil and gas by rail compared to $5 a barrel for pipeline. [76] [77] In 2012,16 million barrels of oil were exported to USA by rail.
As the pressure built up, the oil and gas were forced to the surface through crevices and cracks. Geysers of mud, oil, and gas spouted out of the ground in hundreds of craters over a 10-acre (40,000 m 2) area around the well." [13] Atlantic #3 eventually caught fire, and the crew worked frantically for 59 hours to snuff out the blaze.
Canada's abnormally dry winter is worsening drought conditions across the western provinces, where most of the country's oil, gas, forest products and grain are produced. Western Canada is slowly ...
Natural gas production companies can't seem to catch a break. Despite more successful drilling and production numbers in 2012, lack of demand sank spot prices to 12-year lows. Now, just as these ...
The process of taking hydrogen sulphide out of a gas stream is called "sweetening" the gas. The Union Natural Gas Company of Canada (now Union Gas Ltd.) of Chatham-Kent, Ontario built Canada's first Koppers process sweetening plant in 1924 at Port Alma, Ontario, to scrub Tillbury gas. Hydrogen sulphide is a dangerous substance which at low ...
Production in the other major OECD producers (the United States, United Kingdom, Norway and Mexico) at that time have been declining, as was conventional oil production in Canada. Total crude oil production in Canada was projected to increase by an average of 8.6 percent per year from 2008 to 2011 as a result of new non-conventional oil projects.
As the Turner Valley story illustrates, the extraction of natural gas liquids goes back to the industry's early years. However, the development of partnerships between the large American oil company Amoco and the young, dynamic Dome Petroleum to create sophisticated liquids infrastructure in Western Canada.
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