Global oil sands production

Oil sands extraction leads to about 70 percent more greenhouse gas per unit of energy on average than the global mean, according to research published in the journal Science in 2018 using data

While it produces conventional oil, most comes from the Alberta oil sands, the world’s third largest proven oil reserve at 170 billion barrels. Imperial Oil Ltd. last year delayed its C $2.6 billion Aspen oil-sands project, which had been approved and was scheduled to start production in 2022, because of Alberta’s production limits. In an interview Monday in Ottawa, IEA chief economist Fatih Birol said booming oil sands production can be consistent with global progress on climate change, which requires a greater focus on energy efficiency and reducing emissions from coal-fired electricity, especially in places such as China and India. Alberta's oil sands has the third largest oil reserves in the world, after Venezuela and Saudi Arabia. Alberta's oil sands’ proven reserves equal about 165.4 billion barrels (bbl). Crude bitumen production (mined and in situ) totalled about 2.8 million barrels per day (bbl/d) in 2017. With the topic of peak global oil production moving more into the mainstream, you have perhaps heard of the Canadian oil sands. There, huge tracts of remote forested land are strip-mined to obtain a type of thick crude oil called bitumen. Crude oil from oil sands will constitute a substantial share of future global oil demand. Oil sands deposits account for a third of globally proven oil reserves, underlie large natural forested areas, and have extraction methods requiring large volumes of freshwater.

Tar sands is extreme oil in every way. Its extraction is particularly energy and water-intensive, polluting, and destructive. It is either strip mined or produced by 

Mar 1, 2020 World oil supply, demand and OECD inventories updated monthly. Global production, consumption and reserves by country updated annually. The mining method. 47% of current production and 19% of oil sands reserves; In 2018, seven mining projects in Alberta produced  Oil sands are found in various countries throughout the world, but in vast quantities in Alberta and Venezuela. Alberta's oil sand reserves are estimated at 1.7 to  In 2011, production from the oil sands was 1.6 million barrels per day. While eight billion barrels of oil sands crude oil have been produced to date, this represents. Alberta's oil sands has the third largest oil reserves in the world, after Crude bitumen production (mined and in situ) totalled about 2.8 million barrels per day 

projects / bitumen production notes: 1 mining/in-situ capacity = barrels of bitumen per calendar day • upgrader capacity = barrels of synthetic crude oil per calendar day 2 pre-fid = awaiting final investment decision (fid) 3 c&su = currently in commissioning & start-up phase 4 capital expenditures for 2018/2019 estimated values

The mining method. 47% of current production and 19% of oil sands reserves; In 2018, seven mining projects in Alberta produced  Oil sands are found in various countries throughout the world, but in vast quantities in Alberta and Venezuela. Alberta's oil sand reserves are estimated at 1.7 to  In 2011, production from the oil sands was 1.6 million barrels per day. While eight billion barrels of oil sands crude oil have been produced to date, this represents. Alberta's oil sands has the third largest oil reserves in the world, after Crude bitumen production (mined and in situ) totalled about 2.8 million barrels per day  In 2010, surface mines produced 356.99 million barrels of crude oil, while in situ production (the hot water wells) yielded 189.41 million barrels of oil. Since then, 

National Energy Board concluded that oil sands production will grow from 1.1 million b/d in 2005 to 3.0 Global Crude Oil Reserves and US Imports (CAPP). 4  

Aug 8, 2014 The production and processing of that oil releases 17 percent more carbon emissions than the average barrel of crude oil produced elsewhere,  energy statistics / global: notes: 1 cdn oil sands reserves est. at 164 billion bbls (aer st98 2018 estimate) 2 eia estimates us crude oil reserves at 43.8 billion bbls at year-end 2018 3 oecd countries: canada, usa, mexico, chile, turkey, israel, australia, new zealand, japan, south korea and 22 eu countries (excl. bulgaria, croatia, cyprus, lithuania, malta, and romania) projects / bitumen production notes: 1 mining/in-situ capacity = barrels of bitumen per calendar day • upgrader capacity = barrels of synthetic crude oil per calendar day 2 pre-fid = awaiting final investment decision (fid) 3 c&su = currently in commissioning & start-up phase 4 capital expenditures for 2018/2019 estimated values Oil sands extraction leads to about 70 percent more greenhouse gas per unit of energy on average than the global mean, according to research published in the journal Science in 2018 using data Since then, oil sands production has outpaced conventional oil production. While conventional oil has held steady, oil sands output has gone up from 1 million barrels per day in 2005 to 2.4 million barrels per day in 2015. These images from Landsat satellites show the growth of surface mines over the Athabasca oil sands between 1984 and 2016. Oil Sands Production To Hit 4 Million Bpd By 2030. Crude oil production from Canada’s oil sands could rise by a million barrels from today’s average daily rate to as much as 4 million bpd in 2030 despite a slowdown in the annual growth rate, IHS Markit has forecast. Chief economist says oil sands production can be consistent with global progress on climate change, which requires a greater focus on energy efficiency and reducing emissions from coal-fired

new crude production from unsanctioned projects to meet demand NGL and other liquids Other OPEC Gulf Shale oil Oil sands Deepwater Shallow water Net  

projects / bitumen production notes: 1 mining/in-situ capacity = barrels of bitumen per calendar day • upgrader capacity = barrels of synthetic crude oil per calendar day 2 pre-fid = awaiting final investment decision (fid) 3 c&su = currently in commissioning & start-up phase 4 capital expenditures for 2018/2019 estimated values Oil sands extraction leads to about 70 percent more greenhouse gas per unit of energy on average than the global mean, according to research published in the journal Science in 2018 using data Since then, oil sands production has outpaced conventional oil production. While conventional oil has held steady, oil sands output has gone up from 1 million barrels per day in 2005 to 2.4 million barrels per day in 2015. These images from Landsat satellites show the growth of surface mines over the Athabasca oil sands between 1984 and 2016. Oil Sands Production To Hit 4 Million Bpd By 2030. Crude oil production from Canada’s oil sands could rise by a million barrels from today’s average daily rate to as much as 4 million bpd in 2030 despite a slowdown in the annual growth rate, IHS Markit has forecast. Chief economist says oil sands production can be consistent with global progress on climate change, which requires a greater focus on energy efficiency and reducing emissions from coal-fired

Alberta's oil sands has the third largest oil reserves in the world, after Crude bitumen production (mined and in situ) totalled about 2.8 million barrels per day  In 2010, surface mines produced 356.99 million barrels of crude oil, while in situ production (the hot water wells) yielded 189.41 million barrels of oil. Since then,