Search results
Results From The WOW.Com Content Network
Ontario was the centre of the Canadian oil industry in the 19th century. It had the oldest commercial oil well in North America (dug by hand in 1858 at Oil Springs, Ontario, a year before the Drake Well was drilled in Pennsylvania), and having the oldest producing oil field in North America (producing crude oil continuously since 1861). However ...
Commercial production of oil from the Athabasca oil sands began in 1967, with the opening of the Great Canadian Oil Sands (GCOS) plant in Fort McMurray. It was the first operational oil sands project in the world, owned and operated by the American parent company, Sun Oil Company.
In recent years technological breakthroughs have overcome the economical and technical difficulties of producing the oil sands, and by 2007 64% of Alberta's petroleum production of 1.86 million barrels per day (296,000 m 3 /d) was from oil sands rather than conventional oil fields. The ERCB estimates that by 2017 oil sands production will make ...
The Hibernia oil field is located 315 km from the east from Newfoundland in 80 m of water. The Hibernia platform is the world's largest oil platform by weight and size. The oil field was discovered in 1979 but production only began in 2007. The total oil field production is an estimated 704 million barrels as of 2010.
The list is incomplete; there are more than 25,000 oil and gas fields of all sizes in the world. [1] However, 94 % of known oil is concentrated in fewer than 1,500 giant and major fields. [ 2 ] Most of the world's largest oilfields are located in the Middle East , but there are also supergiant (>10 billion bbls ) oilfields in Brazil, Mexico ...
The production platform Hibernia is the world's largest oil platform [2] (by mass) and consists of a 37,000 t (41,000 short tons) integrated topsides facility mounted on a 600,000 t (660,000 short tons) gravity base structure. The platform was towed to its final site, and 450,000 t (500,000 short tons) of solid ballast were added to secure it ...
In 1980, a plant in Cold Lake was one of just two oil sands plants under construction in Alberta. [4] Although not developed as quickly and extensively as originally envisioned, an Imperial Oil plant in Cold Lake became the largest in situ oil sands project constructed in Alberta during the 1980s. By 1991, its daily oil production was 90,000 ...
The Athabasca Oil Sands, the Cold Lake Oil Sands and the Peace River Oil Sands, which contain initial oil-in-place reserves of 260 billion cubic metres (1.6 trillion barrels), an amount comparable to the total world reserves of conventional oil. The World Energy Council reported (2007) that the three Alberta oil sands areas contain at least two ...