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bp sells its Sunrise oil sands interest to Cenovus, picks up interest in Bay du Nord project

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bp has agreed to sell its 50% interest in the Sunrise oil sands project in Alberta, Canada, to Calgary-based Cenovus Energy, the other owner of the Sunrise project. In Canada, bp will no longer have interests in oil sands production and will shift its focus to future potential offshore growth. 650 water depth.

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ERCB Approves Total Upgrader for Oil Sands

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to construct and operate a 300,000 barrel-per-day oil sands upgrader in the Alberta Industrial Heartland area of Strathcona County. Satisfy the Board by not later than 1 October 2016 that construction of the project has commenced, or the approval will expire on 31 December 2016, unless the Board stipulates a later date.

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Oil sands production accounted for 28.8% of total Canadian gas demand in 2016

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Alberta’s oil sands operations accounted for 28.8% of Canadian natural gas demand in 2016, up from 11.8% From 2005 to 2016, natural gas purchased by oil sands projects more than tripled, from 0.73 Bcf/d in 2016. in 2005, according to a new report by Canada’s National Energy Board (NEB).

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Alberta approves Cenovus Narrows Lake oil sands project with demo and phase-in of solvent aided process to improve steam-oil ratio and production rate

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to proceed with its Narrows Lake oil sands project, with an ultimate gross production capacity of 130,000 barrels per day. SAP combines steam injection with solvents, such as butane, to help bring the oil to the surface. Cenovus also anticipates that SAP may increase total oil recovery by as much as 15%. Earlier post.).

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Cenovus increased oil sands production by 14% year-on-year in Q3; Wedge Wells for increased recovery and lower steam-to-oil ratio

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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.,

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Increase in US rig count will not cap oil prices

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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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Kiel nanoscale-sculpturing makes metal surfaces strong, resistant, and multifunctional; multi-material joining

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saw damage, mechanical damage after sand blasting, mechanical polishing, or even damages induced by ion implantation), etch out (selectively) grain boundaries, form metal oxide layers on the surface, thus having mostly an intrinsically 2D-character. A lotus effect with pure metals, i.e. without applying a water-repellent coating, that is new.

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