who owns the oil sands in alberta

The largest of these was glacial Lake Agassiz, a gigantic body of water encompassing an area of hundreds of. We only took into consideration the projects that are currently operating or have started construction. As Canadian political scientist Peter Hogg elaborated. Syncrude operations near Mildred Lake north of Fort McMurray, late 1970s Source: Courtesy of Syncrude Canada Ltd. AOSTRA-sponsored technology develops through the late 1970s and early 1980s; the Cyclic Steam Stimulation bitumen recovery process injects steam through one well below the base of the oil sands, resulting in a heat zone that mobilizes the bitumen so that it can be pumped to the surface through a second production well. 1,572,500 = 18.1%. (adsbygoogle = window.adsbygoogle || []).push({}); CreditCardNerd.ca is one of Canada's best credit card comparison websites. Suncor (Total does have a 29.2% stake in the upcoming Fort Hills Mine), … Together they have mining operations capable of producing over 1.5 million barrels of oil a day and have construction projects that may produce up to 285,000 barrels of oil a day. ConocoPhilips Canada Oil Sands Operations. Although the oil sands have now become an essential economic commodity, they were little more than a curiosity to the fur traders. 1940 Source: University of Alberta Archives, 89-120-008, Abasand Oils Ltd. plant, ca. Source: University of Alberta, 84-25-132, The completed Alberta Government Oil Sands Project plant, ca. 1900 Source: Glenbow Archives, PA-3920-1, Sidney Ells at Clearwater River tar sands plant, August 1931 Source: Canada. The network map (next page) shows the ownership relationships for the eight largest companies: Enbridge, Suncor, Canadian Natural Resources Limited, Cenovus, Teck Resources, Encana, TransCanada Corporation and Pembina Pipeline. Echoes of the ancient history of the oil sands may be detected today, as the same flood that stripped off layers of sediment to reveal outcroppings of sandstone well-suited to ancient tool manufacture also revealed the thick exposures of oil sands so central to modern industry. Source: Courtesy of Alberta Innovates, Great Canadian Oil Sands Ltd. plant during its first week of operation, north of Fort McMurray, Alberta, 1967 Source: Courtesy of Suncor, Canada’s Prime Minister Pierre Elliott Trudeau and Alberta Premier Peter Lougheed, November 1, 1977; Trudeau and Lougheed clash over oil sands ownership, export taxation and natural resource revenue sharing arrangements. The United States produces 816,715 barrels and upgrades 285,390 barrels a day, which is 23.6% of the production and 18.1% of the upgrading capacity. Known as asphalt, bitumen or pitch, the kind of heavy, viscous petroleum found in northern Alberta has a long and storied past. © 1995 - 2020 Government of Alberta  |   Copyright and Disclaimer  |   Privacy  |   Accessibility. Finally, in 1930, the federal government and the three Prairie provinces came to an understanding that resulted in the transfer of ownership to the provinces. thousands of kilometres. Source: The Winnipeg Tribune. Source: Courtesy of Alberta Innovates, Great Canadian Oil Sands Ltd. plant during its first week of operation, north of Fort McMurray, Alberta, 1967 Source: Courtesy of Suncor, Canada’s Prime Minister Pierre Elliott Trudeau and Alberta Premier Peter Lougheed, November 1, 1977; Trudeau and Lougheed clash over oil sands ownership, export taxation and natural resource revenue sharing arrangements.

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