Heavy Oil Recovery and the Strategic Decisions That Need to be Made
January 30, 2008
Category: Technology
Tags: Alberta Research Council, CHOPS, heavy oil, petroleum, recovery plan, reservoir, toe-to-heel air injection
No Comments →
The question is not how much heavy oil is in the ground, but how much of it can be recovered. For Canada’s heavy oil operators – those who could make Canada the world’s fifth-largest producer by 2015 – the answer depends on the efficiency of their recovery plans More →
But surging natural gas production, beyond depressing prices in the US$3 per mcf range, has companies such as Encana Corp. and Shell Canada racing to tap into a market that has long been ignored. 
Entries