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The results were excellent, and the petroleum industry soon began producing bitumen through SAGD well pairs drilled and operated from the surface. The largest single plant in Canada to use in situ production is Imperial Oil's Cold Lake oil sand plant. This plant uses a technique called cyclic steam injection. Using this method, the company ...
Some petroleum production takes place today in every province and territory but Prince Edward Island and Nunavut. Today's oil and gas frontiers are in the territories and in the offshore regions of Atlantic Canada and British Columbia. Canada's early petroleum discoveries took place near population centres or along lines of penetration into the ...
The jurisdiction over the petroleum industry in Canada, which includes energy policies regulating the petroleum industry, is shared between the federal and provincial and territorial governments. Provincial governments have jurisdiction over the exploration, development, conservation, and management of non-renewable resources such as petroleum ...
Canada also boasted the world's first oil pipeline when, in 1862, a line connected the Petrolia oilfield to Sarnia, Ontario. In 1895, natural gas began flowing to the United States from Ontario's Essex field through a 20-centimetre pipeline laid under the Detroit River. In Western Canada, Eugene Coste built the first important pipeline in 1912.
In 1960, Phillips Petroleum became Pacific's largest shareholder with a 39 per cent stake, and Pacific began selling retail gasoline under the "66" brand. Between 1978 and 1979, the crown corporation Petro-Canada purchased Pacific for $1.5 billion in what was then the most expensive corporate takeover in Canadian history. [1]
In 1951 Dome became public, selling a half-million shares, and in 1958 it changed its name to Dome Petroleum and moved into the new Dome Building at 706 8th Avenue South West. Having become fascinated with the Canadian North during the summer of 1936, Gallagher remained interested in the potential for northern oil and gas exploration.
Leduc No. 1 was a major crude oil discovery made near Leduc, Alberta, Canada, on February 13, 1947. It provided the geological key to Alberta's most prolific conventional oil reserves and resulted in a boom in petroleum exploration and development across Western Canada. The discovery transformed the Alberta economy; oil and gas supplanted ...
Upon the acquisition by Maygill, Pierce was elected a director of Ranger. In 1958 Maygill merged with Ranger and on 5 August 1958 became Ranger Oil (Canada) Limited. [6] In the early 1970s Pierce partnered with British Petroleum in a North Sea exploration project. In January 1974 the BP-Ranger 3/8-1 well discovered crude in the Ninian Field.