Western Canada’s onshore plays yield comparable results to key liquids-heavy producing regions in the Lower 48 states, a positive sign once prices strengthen and demand for oilsands diluent grows, Wood Mackenzie Ltd. is estimating.
Oilsands
Articles from Oilsands
Booming Oilsands Lifting Canada’s NatGas
Nearly twice as much new oilsands production will be added as Alberta companies have postponed since prices fell, in a development wave sustaining growth of Canada’s biggest industrial natural gas consumer.
Alberta Feels Biggest Oil Price Pain in Bitumen Royalties
Alberta Premier Jim Prentice is highlighting a government reason for persistent growth of oilsands plants and their natural gas use as he canvasses his electorate for politically acceptable revenue alternatives to royalties on production of provincially owned energy resources.
Canada Oilsands Production Continues Growth, Strong NatGas Use
Canadian natural gas producers are going to keep their biggest industrial customer as thermal oilsands plants weather the fourth global oil price storm since commercial production of the northern Alberta resource began 47 years ago.
Keystone Won’t Be Big Contributor to GHG, Says State Department
TransCanada Corp.’s controversial Keystone XL pipeline, designed to carry heavy crude from oilsands production in Alberta to Gulf Coast markets, won’t significantly affect greenhouse gas (GHG) emissions, the U.S. State Department has concluded. However, whether it gains approval from the Obama administration remained in question on Friday.
NGLs on the Move in Western Canada
While natural gas prices and production languish in Western Canada, demand for liquid byproducts has made drilling and building extraction plant and pipeline capacity into a growth specialty.
Yinka Dene Alliance Leverages LNG in BC Pipeline Fight
Enbridge Inc.’s hotly contested Northern Gateway pipeline proposal for an oilsands conduit from Edmonton to a new tanker terminal on the northern Pacific Coast at Kitimat, BC, hit another hurdle this past week when the Yinka Dene Alliance sent a cease and desist letter, warning Enbridge against trespassing in their traditional territories as the company seeks temporary permits for drilling and tree removal for the pipeline project.
Yinka Dene Alliance Leverages LNG in BC Pipeline Fight
Enbridge Inc.’s hotly contested Northern Gateway pipeline proposal for an oilsands conduit from Edmonton to a new tanker terminal on the northern Pacific Coast at Kitimat, BC, hit another hurdle this week when the Yinka Dene Alliance sent a cease and desist letter, warning Enbridge against trespassing in their traditional territories as the company seeks temporary permits for drilling and tree removal for the pipeline project.
Western Canada’s Unconventionals Seen Doubling Oil Output by 2025
Western Canada’s oil production should hit 5.7 million b/d by 2025, which is double the current output, boosted by unconventional growth from the oilsands and shale formations, according to ITG Investment Research (IR). Unconventional natural gas production also is seen lifting gas supplies by 3 Bcf/d from current numbers.
BC Natives Restless Over LNG Exports
Opposition to Alberta oilsands pipeline plans is spreading and escalating into a constitutional, aboriginal rights challenge against liquefied natural gas (LNG) exports from the Pacific Coast of British Columbia (BC).