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Introduction To Canadian Oil Sands

Oil sands

Oil sands are reservoirs of partially biodegraded oil still within the strategy of escaping and being biodegraded, but they contain so much migrating oil that, although most of it has escaped, huge amounts are still present—more than will be present in standard oil reservoirs. The lighter fractions of the crude oil are destroyed first, leading to reservoirs containing an extremely heavy type of crude oil, referred to as crude bitumen in Canada, or additional-heavy crude oil in Venezuela. These two nations have the world’s largest deposits of oil sands. Chronos Consulting has operations and legal entities to serve each locations and is at present engaged in these strategic areas.

Canadian Oil Sands Initiatives
Canada is the biggest supplier of crude oil and refined merchandise to the United States, supplying about 20% of whole U.S. imports, and exports more oil and merchandise to the U.S. than it consumes itself. In 2006, bitumen manufacturing averaged 1.25 million barrels per day via 81 oil sands tasks, representing forty seven% of total Canadian petroleum production. This proportion is anticipated to increase in coming many years as bitumen production grows whereas typical oil production declines. Chronos Consulting is now actively engaged in recruitment outsourcing projects in the realm and we’ve a spread of vacancies on www.chronosconsulting.com.

Many of the oil sands of Canada are situated in three main deposits in northern Alberta. These are us crude oil exports by year the Athabasca-Wabiskaw oil sands of north northeastern Alberta, the Cold Lake deposits of east northeastern Alberta, and the Peace River deposits of northwestern Alberta. Between them they cowl over 140,000 square kilometres (54,000 sq mi) – an space bigger than England – and hold proven reserves of 1.Seventy five trillion barrels of bitumen in place. About 10% of that is estimated by the federal government of Alberta to be recoverable at current prices utilizing present expertise, which quantities to 97% of Canadian oil reserves and 75% of complete North American petroleum reserves. The Chilly Lake deposits prolong throughout the Alberta’s jap border into Saskatchewan. Along with the Alberta oil sands, there are main oil sands deposits on Melville Island in the Canadian Arctic islands that are unlikely to see business production in the foreseeable future mainly due to environmental issues – please see www.coberongreen.com for extra details. The Alberta oil sand deposits comprise at the least 85% of the world’s reserves of pure bitumen. The largest bitumen deposit, containing about eighty% of the Alberta total, and the only one appropriate for floor mining, is the Athabasca Oil Sands alongside the Athabasca River. The mineable space (as outlined by the Alberta government) contains 37 townships masking about 3,400 square kilometres (1,300 sq mi) close to Fort McMurray.

The smaller Chilly Lake deposits are important because some of the oil is fluid sufficient to be extracted by typical strategies. All three Alberta areas are suitable for manufacturing using in-situ methods akin to cyclic steam stimulation (CSS) and steam assisted gravity drainage (SAGD). The Alberta oil sands have been in business manufacturing since the original Great Canadian Oil Sands (now Suncor) mine began operation in 1967. A second mine, operated by the Syncrude consortium, started operation in 1978 and is the most important mine of any type in the world. The third mine within the Athabasca Oil Sands, the Albian Sands consortium of Shell Canada, Chevron Corporation and Western Oil Sands Inc. [bought by Marathon Oil Corporation in 2007] started operation in 2003. One of the largest constraints to manufacturing is the supply of expert manpower for all there operations. It is in this important space that Chronos Consulting and its oil and gasoline recruiting partners function.

Dr Simon Harding
www.chronosconsulting.com

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