2011 Oil-Sands Price Water 
Green Car Congress
JULY 23, 2012
CNOOC Limited—China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. The price represents a premium of. billion cash. Earlier post.).
Green Car Congress
SEPTEMBER 11, 2009
SOLVE adds a solvent to the steam in SAGD (basic operation depicted above) to reduce energy input and water consumption. The production well extracts the bitumen to surface heavy oil production facilities. SAGD is the predominant in-situ recovery method currently used in Canada’s oil sands. Source: StatoilHydro.
Green Car Congress
DECEMBER 24, 2011
Canada-based Osum Oil Sands Corp. million callable common share purchase warrants, each exercisable into one common share at any time without conditions by Osum, at a price of $12.50 billion barrels (net) of Best Estimate Contingent Resources through both acquisitions and additional geological and reservoir work in 2011.
Green Car Congress
JUNE 27, 2012
World oil production capacity to 2020 (crude oil and NGLs, excluding biofuels). Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6 Source: Maugeri 2012.
Green Car Congress
MARCH 2, 2013
The US Department of State (DOS) has released its Draft Supplemental Environmental Impact Statement (SEIS) in response to TransCanada’s May 2012 application for the Keystone XL pipeline that would run from Canada’s oils sands in Alberta to Nebraska. The pipeline would primarily transport crude oil from the WCSB and Bakken regions.
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.
Green Car Congress
DECEMBER 18, 2011
Gasoline section shows results for fuel derived from both conventional oil and oil sands. The fracture fluid is typically water-based and contains proppants to maintain fracture openings once pumping of the fluid has ceased. Expansion bars show the components of fuel production. Credit: ACS, Burnham et al.
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