Discoveries

Archive for September, 2008

Construction Starts At Jackfish 2 Oilsands Project

Monday, September 29th, 2008 Posted in Uncategorized | Comments Off

Oklahoma City-based Devon Energy Corp. has started clearing the site for its Jackfish 2 in-situ oilsands project in northern Alberta. The company’s original Jackfish project lies about 10 kilometers east ... Read more..

Huge Cost Jump In Fort Hills Oilsands Project

Saturday, September 20th, 2008 Posted in Uncategorized | Comments Off

Calgary-based Petro-Canada has raised its cost estimates for its massive Fort Hills oilsands project in northern Alberta, Canada, by a stunning 50%. The company reports that preliminary results from its ... Read more..

CO2 Floods Offer Both Bonus Oil And Environmental Benefit

Sunday, September 7th, 2008 Posted in Uncategorized | Comments Off

CO2 flooding is one of an arsenal of enhanced oil recovery (EOR) methods used to wring oil from older fields. Thermal strategies, such as steam injection, are popular in low-gravity ... Read more..