Green Car Congress

JULY 20, 2011

an indirect wholly-owned subsidiary of CNOOC, will acquire oil sands producer OPTI Canada Inc for approximately US$2.1 The principal asset of OPTI consists of a 35% working interest in the Long Lake and three other oil sands project areas located in the Athabasca region of northeastern Alberta. CNOOC Luxembourg S.a

Oil-Sands 218

Oil-Sands Oil China Canada 218

Green Car Congress

AUGUST 8, 2010

Total will not use carbon capture technology in the first phase of its Joslyn North Mine oil sands project, citing excessive cost. In 2009, the company suggested it was considering carbon capture and storage in its oil sands projects in Canada. In July, Total E&P Canada Ltd. Earlier post.).

Oil-Sands 231

Oil-Sands Oil Carbon 2020 231

Green Car Congress

MAY 21, 2010

Growth of production of Canadian oil sands. The Canadian oil sands are now poised to become the number one source of US crude oil imports in 2010, according to new research from the IHS CERA Canadian Oil Sands Dialogue. The Role of Canadian Oil Sands in US Oil Supply”.

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Oil-Sands Oil 2010 Production 186

Green Car Congress

OCTOBER 27, 2011

a Canadian integrated oil company, reported an increase in third quarter crude oil production year-on-year of about 4% due to oil sands production that was 14% higher compared with the same period a year earlier. Conventional oil production slightly declined due to a combination of factors. Cenovus Energy Inc.,

Oil-Sands 210

Oil-Sands Oil Production 2010 210

Green Car Congress

DECEMBER 26, 2011

JAPEX), will postpone making a final investment decision (FID) for the Hangingstone Oil Sands Expansion Project ( earlier post ) in Alberta Province, Canada, based on a longer-than-expected approval process with the Alberta authorities. Japan Petroleum Exploration Co., operations by more than 300%.

Oil-Sands 199

Oil-Sands Oil Canada Japan 199

Green Car Congress

SEPTEMBER 11, 2009

million) to the Petroleum Technology Research Centre ( PTRC ) in Regina, Saskatchewan and StatoilHydro Canada for a project to reduce water use and carbon dioxide (CO 2 ) emissions for in situ oil sands recovery by steam-assisted gravity drainage (SAGD). Burning natural gas produces CO 2 emissions. Other SDTC awards.

Oil-Sands 218

Oil-Sands Oil Water Canada 218

Green Car Congress

DECEMBER 19, 2010

Suncor is targeting 1 million barrels per day output in 2020, with its growth in the oil sands underpinned by its alliance with Total. Approximately 80% of that production will be from the oil sands. The agreement with Total is an important element of Suncor’s plans to more than double our oil sands production.

Oil-Sands 199

Oil-Sands Oil 2020 2011 199

Green Car Congress

AUGUST 15, 2010

Examples of emerging oil sands related technologies and trade-offs. The paper is an examination of how various choices about the scale of the life cycle analysis applied to oil sands (i.e., The source material is neither oil nor tar but bitumen, but is most generally described as an example of ultraheavy oil.”.

Oil-Sands 225

Oil-Sands Oil Emissions Coal 225

Green Car Congress

OCTOBER 8, 2009

The provincial government of Alberta and the federal government of Canada will invest C$865 million (US$822 million) in a large-scale Carbon Capture and Storage (CCS) project in the Athabasca oil sands. Two injection wells are in the test phase until early 2010. The project will capture and store up to 1.2 billion (US$1.28

Oil-Sands 186

Oil-Sands Canada Oil Carbon 186

Green Car Congress

MARCH 17, 2012

An analysis of the US refining sector, based on linear programming (LP) modeling, finds that refining plausibly high volumes of Canadian oil sands crudes in US refineries in 2025 would lead to a modest increase in refinery CO 2 emissions (ranging between 5.4% to 9.3%) from a 2010 baseline, depending upon the supply scenario.

Oil-Sands 247

Oil-Sands Oil Emissions CO2 247

Green Car Congress

MAY 1, 2009

Williams plans to build a pipeline in Alberta, Canada, to transport natural gas liquids (NGL) and olefins from its extraction plant in Fort McMurray to its Redwater processing facility. The new 12-inch proposed pipeline will provide additional capacity for Suncor liquids, as well as natural gas liquids from other oil-sands producers’ off-gas.

Oil-Sands 150

Oil-Sands Oil Canada Gas 150

Green Car Congress

NOVEMBER 1, 2013

Royal Dutch Shell plc will proceed with its Carmon Creek project in Alberta, Canada, expected to produce up to 80,000 barrels of oil per day. Once the project is up and running the aim is to virtually eliminate the need for freshwater use for steam generation through recycling of water produced with the oil.

Oil-Sands 231

Oil-Sands Oil North America Water 231

Green Car Congress

NOVEMBER 26, 2014

When it takes up to four million pounds of sand to frack a single well, it’s no wonder that demand is outpacing supply and frack sand producers are becoming the biggest behind-the-scenes beneficiaries of the American oil and gas boom. says the output of wells is up to 30% higher when they are blasted with more sand.

Oil-Sands 262

Oil-Sands Arkansas Oil Mariner 262

Green Car Congress

SEPTEMBER 9, 2013

BP Egypt announced a “significant” gas discovery in the East Nile Delta. It is the first well in the North Damietta Offshore concession granted in February 2010 and operated by BP. The wireline logs, fluid samples and pressure data confirmed the presence of gas and condensate in 38m (125 feet) net of Oligocene sands in Salamat.

Egypt 199

Egypt Gas Oil-Sands Africa 199

Green Car Congress

DECEMBER 15, 2013

By 2040, hybrids are expected to account for about 35% of the global light-duty vehicle fleet, up from less than 1% in 2010. In 2010, about 75% of the world’s vehicles were in OECD countries. liters per 100 km) in 2010. China will see the largest increase—more than 4 million oil-equivalent barrels per day.

Oil-Sands 309

Oil-Sands Energy Hybrid Sale 309

Green Car Congress

MARCH 8, 2012

Tillerson said that even with significant efficiency gains, ExxonMobil expects global energy demand to increase by 30% by 2040, compared to 2010 levels. Demand for electricity will make natural gas the fastest growing major energy source and oil and natural gas are expected to meet 60% of energy needs over the next three decades.

Saudi Arabia 231

Saudi Arabia Oil Oil-Sands 2012 231

Green Car Congress

SEPTEMBER 10, 2014

Dashed red line shows 2010 consumption of 87 MMbbl/d. Crude and lease condensate includes tight oil, shale oil, extra-heavy crude oil, field condensate, and bitumen (i.e., oil sands, either diluted or upgraded). oil shale), and refinery gain. Source: EIA. Click to enlarge.

Asia 341

Asia Transportation Oil-Sands Oil Prices 341

Green Car Congress

SEPTEMBER 8, 2014

Flowback water treatment is a critical sustainability issue for the oil and gas industry. One to five million gallons of water mixed with sand and chemicals are required for the fracking of each well. Using biochar could help oil and gas companies save money and responsibly treat flowback water for reuse.

Water 257

Water Low Cost Oil-Sands San Antonio 257

Green Car Congress

FEBRUARY 6, 2011

Increasing crude processing intensity and energy intensity with worsening oil quality. OQ: Crude feed oil quality. Switching to heavy crude oil and synthetic crude oil derived from oil sands bitumen in refineries could double or triple refinery emissions and add 1.6-3.7 PI: Crude processing intensity.

Oil 287

Oil Oil-Sands Emissions Hydrogen 287

Green Car Congress

DECEMBER 11, 2011

Exxon Mobil Corporation’s new The Outlook for Energy: A View to 2040 , released last week, projects that global energy demand in 2040 will be about 30% higher than it was in 2010 as population grows to 9 billion and global GDP doubles. By 2040, heavy duty fuel demand will be up about 60 percent versus 2010. L/100 km) by 2040.

Personal 408

Personal Global Transportation Fuel 408

Green Car Congress

APRIL 25, 2010

to continue to import roughly half of its crude oil supply for the foreseeable future, despite strong growth in renewable biofuels supply. In the case of residual oil, there is also relatively strong potential for near term economic impacts. Demand for liquid fossil fuels will require the US. Unconventional Fossil Energy”.

Oil-Sands 210

Oil-Sands Energy Coal Oil 210

Green Car Congress

DECEMBER 10, 2014

As the world population increases by the estimated 30% from 2010 to 2040, ExxonMobil sees global GDP rising by about 140%, but energy demand by only about 35% due to greater efficiency. Across OECD nations, the Outlook assumes the implied cost of policies to reduce greenhouse gas emissions will reach about $80 per tonne in 2040.

Energy 252

Energy Global 2010 Oil-Sands 252

Green Car Congress

DECEMBER 9, 2012

Comparison of GHGenius, JACOBS, TIAX, and the new PRELIM gasoline greenhouse gas (GHG) estimates using base case estimates and variations from the scenario analysis. In the US, GHG emissions from refineries in 2010 represented nearly 12% of US industrial sector emissions or 3% of the total US GHG emissions. Click to enlarge.

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Oil-Sands Emissions Oil Hydrogen 236

Green Car Congress

OCTOBER 27, 2013

Based on the interim results of a new study, MIT researchers are warning smaller nations to proceed with caution in pursuing the development of their natural gas resources. The interim report analyzed the economics of natural gas project development options in Cyprus with a focus on exports. —Sergey Paltsev. Click to enlarge.

Cyprus 261

Cyprus MIT Gas Gas-Electric 261

Green Car Congress

FEBRUARY 17, 2011

The Alberta government has successfully negotiated contracts for two projects that will advance the upgrading and refining of oil sands bitumen to diesel fuel. billion barrels of oil from conventional reservoirs throughout the province, potentially generating up to $25 billion in additional provincial royalties and taxes.

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Oil-Sands Carbon Oil 2009 231

Green Car Congress

SEPTEMBER 29, 2012

Russian oil and gas major Rosneft, 75% owned by the government, will invest $16 billion in a planned joint venture project with Venezuela’s state oil and gas company PDVSA to develop the Carabobo 2 block in the southern Orinoco extra-heavy crude belt in Venezuela, according to Rosneft CEO Igor Sechin. oil sands).

Venezuela 257

Venezuela Oil Oil-Sands Gas-Electric 257

Green Car Congress

JUNE 12, 2015

The financial pages of Canadian newspapers have been full of headlines lately announcing the potential of two large shale oil fields in the Northwest Territories said to contain enough oil to rival the Bakken Formation of North Dakota and Montana. billion barrels. enthused the Financial Post.

Oil-Sands 150

Oil-Sands Oil North Dakota Oil Prices 150

Green Car Congress

DECEMBER 13, 2011

Encana Oil & Gas (USA) Inc., a subsidiary of Encana Corporation, says it strongly disagrees with the US Environmental Protection Agency’s (EPA) preliminary conclusions on fracking in its draft report related to the groundwater study in the Pavillion natural gas field of Wyoming. Earlier post.)

EPA 210

EPA Wyoming Oil-Sands Water 210

Green Car Congress

AUGUST 24, 2011

To be sited at Jie Yang City, Guangdong Province, the Nanhai refinery will be operational in early 2015, with a capacity to process 400,000 barrels of heavy and extra heavy crude oil per day (400 kbd) from the Orinoco Oil Belt. Oil and Gas Journal (OGJ) pegged Venezuela’s 2011 reserves at 211 billion barrels, up from 99.4

Saudi Arabia 186

Saudi Arabia Venezuela Oil Oil-Sands 186

Green Car Congress

JANUARY 1, 2014

BP also confirmed the recently-announced Pitu oil discovery in the frontier deepwater of the Potiguar basin off Brazil’s equatorial margin, announced by Petrobras. The well, which penetrated multiple Paleogene-aged reservoir sands, was drilled to a total depth of 29,221 feet (8,907 meters). Click to enlarge. Click to enlarge.

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Angola Mexico Brazil 2013 220

Green Car Congress

JANUARY 19, 2012

Argentina and Venezuela will form a joint venture targeting production of 100,000 barrels of extra-heavy oil per day in the Junin field area of the Orinoco Oil Belt. The US Geological Survey (USGS) characterizes extra-heavy oil as having an API gravity of less than 10°. billion project will also include a refinery. Source: EIA.

Venezuela 210

Venezuela Argentina Oil Oil-Sands 210

Green Car Congress

JANUARY 19, 2011

However, both cases result in global CO 2 emissions well above the IEA 450 scenario—a back-cast which illustrates what is required to stabilize greenhouse gas concentrations at 450 ppm. Between 2010 to 2030 the contribution to energy growth of renewables (solar, wind, geothermal and biofuels) is seen to increase from 5% to 18%.

Energy 210

Energy Economy Global Oil-Sands 210

Green Car Congress

FEBRUARY 8, 2011

Hydraulic fracturing (“fracking”) is a process in which large volumes of water, sand and chemicals are injected at high pressures to extract oil and natural gas from underground rock formations. During the past few years, the use of hydraulic fracturing has expanded across much of the country. Earlier post.).

EPA 207

EPA Oil-Sands Water Escape 207

Green Car Congress

MAY 26, 2010

Hardy Oil and Gas plc, an oil and gas exploration and production company with assets predominantly in India, has temporarily suspended drilling on the KGV-D3-W1 exploration well due to unresolved mechanical issues associated with the blow out preventer (BOP) of the Transocean Deepwater Expedition drilling rig. “In

India 199

India Oil-Sands Oil Mexico 199

Green Car Congress

JULY 2, 2013

In contrast to arguments that peak conventional oil production is imminent due to physical resource scarcity, a team from Stanford University and UC Santa Cruz has examined the alternative possibility of reduced oil use due to improved efficiency and oil substitution. 2010, to above 140 $/bbl in constant 2010 dollars).

Oil 207

Oil Oil-Sands Fuel Economy Transportation 207

Green Car Congress

JUNE 23, 2011

Chevron’s focus on optimizing the thermal management of the Kern River field has resulted in a steady drop in the steam:oil ratio (barrels steam water per barrel oil), resulting in improved economics of the field even with slowly declining production. Data: California DOGGR. Click to enlarge. Source: Chevron. Click to enlarge.

Chevron 244

Chevron Oil Oil-Sands Production 244

Green Car Congress

JUNE 23, 2016

The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. Too many analysts continue to believe drilling and service has the same problem with rising oil prices. by David Yager for Oilprice.com.

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Oil Prices Oil Price Oil-Sands 150