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Monday, May 13, 2013

Urgent: Takeaway Capacity For Alberta's Oil Sands Crude Oil

Oil & Gas Journal is reporting:
Bitumen will claim an increased share of sharply higher oil production in Alberta over the next 10 years, ....
In an annual outlook, [the Alberta provincial government] projects an increase in supply of crude oil and equivalent to 4.2 million b/d in 2022 from 2.5 million b/d in 2012.

In 2012, bitumen production from in situ projects exceeded that from mines for the first time. The trend is expected to continue.

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