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increased its oilsands production 14% in 2013, from 89,736 barrels per day in 2013 to 102,500 bbls/day in 2013. The increase in production from the company’s oilsands operations in 2013 was largely driven by its Christina Lake project. By the end of 2013, Cenovus had rail capacity to transport 10,000 bbls/d of oil.
NineSigma, representing the General Electric Company, is inviting participation in a GE GHG Ecomagination Innovation Challenge to create value from excess low grade heat resulting from Steam Assisted Gravity Drainage (SAGD) oilsands production and/or related surface facility operations. Submissions are due 30 September 2014.
Athabasca OilSands Corp. AOSC) announced that the Alberta Energy Resources Conservation Board and Alberta Environment and Water has issued full regulatory approval for the MacKay River commercial oilsands project to MacKay Operating Corp. The company was formed to operate the jointly owned MacKay River oilsands leases.
(JAPEX) plans to invest ¥65-70 billion (US$830–893 million) in its Canadian oilsands projects, Chief Executive Osamu Watanabe told Dow Jones Newswires. China’s biggest offshore oil and gas producer, said it will buy Canadian oil-sands developer OPTI Canada Inc. Oilsands production using SAGD.
TransCanada and Phoenix will each own 50% of the proposed $3-billion pipeline project that includes both a crude oil and a diluent line to transport volumes approximately 500 kilometers (311 miles) between the oilsands producing area northwest of Fort McMurray and the Edmonton/Heartland region.
Athabasca OilSands Corp. has exercised its option to divest its 40% interest in the MacKay River oilsands project to Cretaceous Oilsands Holdings Limited, a wholly owned subsidiary of PetroChina International Investment Limited, for C$680 million (US$672 million) in cash. Earlier post.) Earlier post.). properties.
liter TSI four-cylinder engine in the 2014 Jetta and Passat, followed by the 2014 Beetle. In a presentation at Volkswagen of America’s 2014 line drive in St. The cylinder head places extremely high demands on the casting process, uses a die with 12 sand cores in the bottom casting method. The 2014 Jetta.
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.
2014 Jeep Cherokee. Chrysler introduced the new 2014 Jeep Cherokee mid-size SUV at the New York International Auto Show. liter Tigershark MultiAir 2 I-4 engine is standard in the 2014 Jeep Cherokee. The 2014 Jeep Cherokee provides a choice of three 4x4 systems. Click to enlarge. The 16-valve, 2.4-liter 4x4 systems.
The GREET (The Greenhouse Gases, Regulated Emissions, and Energy Use in Transportation Model) team at Argonne National Laboratory has released a new version of the widely used GREET lifecycle analysis tool, GREET 2014. Expanded oilsands modeling with more detailed and refined operation data.
Ford’s all-new 2014 Transit full-size van, which goes on sale late next year, will be offered with a new 3.2-liter 2014 Transit full-size van. Ford’s 5-cylinder, 3.2-liter liter Power Stroke diesel will be Ford’s second in North America. Click to enlarge. liter Power Stroke five-cylinder diesel. Duratorq TDCi 200). Click to enlarge.
Hydraulic fracturing is a method used to improve gas and oil production from low permeability formations (shale and tight sand reservoirs). During hydraulic fracturing, large volumes of sand and water, with small volumes of chemical additives, are injected into low-permeability subsurface formations.
Oil flow rates, though limited by testing equipment constraints, exceeded 13,000 barrels of oil per day. The test, in Walker Ridge Block 678, targeted Lower Tertiary sands more than 20,000 feet (6,096 m) under the sea floor and was conducted during August and September 2012. Chevron’s Jack/St. The jointly developed Jack and St.
Despite what appears to be a saturated oil market in 2014, oil producers around the world will struggle to meet rising demand over the next few decades. Global oil demand is expected to increase by 37 percent by 2040, with a dominant proportion of that coming from developing countries—i.e. China and India.
Profound shifts in the regional distribution of oil demand and supply growth will redefine the refining industry and transform global oil trade over the next five years, according to the annual Medium-Term Oil Market Report (MTOMR) released by the International Energy Agency (IEA). The oil market is at a crossroads.
Venezuela state-owned PDVSA and Italy-based Eni are finalizing a planned 60:40 joint venture to produce heavy crude oil in Junin Block 5 in the Orinoco Oil Belt in Venezuela in 2014. The initial phase, starting in 2014, is targeting the production of 75,000 barrels per day. Click to enlarge.
Inter Pipeline shipped nearly 30% of Canadian crude oil supply and about 40% of oilsands volumes in 2012. Canexus is undertaking a major expansion of its rail operations to enable loading of crude oil unit trains which will access both the Canadian Pacific and Canadian National Railway systems.
China will see the largest increase—more than 4 million oil-equivalent barrels per day. As conventional production declines, more of the world’s oil demand will be met by emerging sources that only recently became available in significant quantities: oilsands, tight oil, deepwater, NGLs and biofuels.
The development will utilize a dry tree Extended Tension Leg Platform with an on-board drilling rig and have production capacity of 75,000 barrels of oil and 25 million cubic feet of natural gas per day. First oil is anticipated in 2014. Chevron, through its subsidiary Chevron USA Inc.,
The catalyst is a sand-like material made fluid by the hot vapor and liquid fed into the FCC. The slurry oil can be blended with residual fuel oil or further processed in the coker. This carbon, known as catalyst coke, adheres to the catalyst, reducing its ability to crack the oil.
RTP rapidly heats biomass at ambient pressure to generate high yields of pourable, liquid pyrolysis oil. The pyrolysis oil—essentially a bio crude oil—will then be upgraded to green transport fuels using technology developed by UOP working with DOE, the DOE’s National Renewable Energy Lab and Pacific Northwest National Laboratory (PNNL).
TransCanada Corporation has received additional binding commitments in support of the proposed Keystone XL pipeline system—designed to bring Canadian oilsands crude to Gulf Coast refineries—following the successful conclusion of the Keystone Houston Lateral Open Season. Keystone Pipeline System map.
Results of a Rice University laboratory study suggests that using foam may maximize enhanced oil recovery (EOR). Oil resides in formations of rock and sand in small cracks and crevices that have proved devilishly difficult to tap. Drillers pump various substances downhole to loosen and either push or carry oil to the surface.
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.
Chevron Corporation announced a significant oil discovery at the Anchor prospect in the deepwater US Gulf of Mexico. 2 encountered oil pay in multiple Lower Tertiary Wilcox Sands. Anchor is Chevron’s second discovery in the deepwater Gulf in less than a year. Anchor co-owners are Cobalt International Energy, Inc. (20%),
The well encountered high-quality reservoir sands, with per well productivity anticipated to be approximately 250 million cubic feet of natural gas per day. At Dantzler, wireline logging data indicates that the well encountered over 120 net feet of primarily crude oil pay in two high-quality Miocene reservoirs. with 20 percent.
Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year. Oil discoveries declined to 2.4
Fracking fluid is largely composed of water and sand, but oil and gas companies also add a variety of other chemicals, including anti-bacterial agents, corrosion inhibitors and surfactants. Surfactants reduce the surface tension between water and oil, allowing for more oil to be extracted from porous rock underground.
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.
GM developed the new engines for the company’s global vehicle portfolio; the engines will power many of the company’s highest-volume small cars and compact crossovers, including the next-generation Chevrolet Cruze specifically tailored for China, which launches in 2014 as a 2015 model. Efficiency-enhancing oiling system.
The team, from the Desert Research Institute, University of Colorado Boulder and NOAA, and Stanford University, began by defining a consistent vocabulary, first by jettisoning the popular umbrella label of “fracking” applied to unconventional oil and natural gas development. Christopher W. Branosky, E.; Stevens, A.;
G&G data and information are used to identify sand and gravel resources suitable for coastal protection and restoration; site renewable energy installations; and locate oil and gas resources. The Final PEIS is available for public comment until 7 April 2014.
The party is over for tight oil. Despite brash statements by US producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies. Reports this week from IEA and EIA paint a bleak picture for oil prices as the world production surplus continues. percent in September 2014 to 1.2
On September 10 th , the EIA reported a production decline in the Lower 48—essentially shale production—of 208,000 BOPD (barrels of oil per day). Rather, Goldman Sachs was grabbing all the headlines with its $20 call on oil. Pundits will claim otherwise, suggesting that oil in the 50s or 60s will spur activity.
The UT-led field study was a cooperative effort involving experts from the Environmental Defense Fund; Anadarko Petroleum Corporation; BG Group plc; Chevron; Encana Oil & Gas (USA) Inc.; During hydraulic fracturing, liquids that typically consist of water, sand and additives are injected at high pressure into low-permeability formations.
Fresh air is used in addition to oil and water to cool the turbocharger. liter V8 engines, starting with the AMG GT in 2014. Complex interior geometries can be realized with the help of enclosed sand cores. The modifying signals include the intake air temperature, engine temperature, engine speed and atmospheric pressure.
Body-in-White (BIW) Modules developed included e-coated and non-e-coated assemblies; aluminum extrusions, aluminum & steel stampings; aluminum low pressure sand and high pressure die castings. Tim Skszek, Jeff Conklin, “Multi-Material Lightweight Vehicles,” DOE AMR 2014 Project ID #LM072. Click to enlarge. hood and trunk lids, doors).
The researchers expect to finish the larger report in August 2014; the study is sponsored by The Cyprus Research Promotion Foundation. While natural gas is often cheaper than oil and gives off fewer emissions, developing the resource comes with risks, especially for smaller nations.
That's because a pair of European oil companies plan to add electric-car charging at certain fuel stations. CHECK OUT: Electric-Car Charging Station At Gas Station In Tar-Sands Land (Nov 2014). But electric-car drivers in certain European countries will soon be going to them to charge.
Cruze sales in the US in 2014 were 273,060 units —a 10% increase over 2013. 2014 Ecotec 1.4L Variable-flow oil pump enhances efficiency. Piston-cooling oil jets contribute to optimal performance, efficiency and refinement. That helps ensure the oiling system maintains full pressure during extreme driving conditions.
million barrels per day of gasoline, jet fuel, diesel, natural gas liquids and crude oil through more than 8,000 miles of pipelines. Carbon dioxide is used in enhanced oil recovery projects. Second largest oil producer in Texas, producing more than 50,000 barrels per day. billion cubic feet per day. and Washington state.
Results from a new modeling assessment of contamination in the Athabasca OilSands Region (AOSR) suggest that officially reported emissions of polycyclic aromatic hydrocarbons (PAHs) in that region have been greatly underestimated. Average emissions densities from Shen et al. are represented by the dashed black line. Click to enlarge.
The Alberta government has successfully negotiated contracts for two projects that will advance the upgrading and refining of oilsands bitumen to diesel fuel. Construction of Phase One of the bitumen refinery is targeted for completion in mid-2014. —Premier Ed Stelmach.
Enbridge is developing two pipelines in the Canadian oilsands area for a combined investment of about $3 billion. billion, depending on scope, to meet the needs of multiple producers in the Athabasca oilsands region. The first is a new industry diluent pipeline with associated capital of up to $1.4 Total E&P Canada Ltd.
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