Wednesday, January 16, 2008

Forecasted Oil Sands Production

The annual production forecast for oil sands from Alberta is projected to be 5 million b/day by 2030. These production levels are expected to last well beyond 2050.

In situ mining is expected to be the dominant production method as open pit mines are exhausted and become to costly.

Oil sands contain 12% bitumen. In situ extraction takes place when water is boiled into steam. The steam is blasted into the oil sands to separate the bitumen from the sand. The bitumen is then pumped back to the surface.

Steam assisted gravity drainage





















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