Alberta shale oil reserves

26 Sep 2017 The Duvernay lags western Canada's Montney and Liard Basin shale deposits in terms of marketable natural gas reserves, which hold 449 Tcf  Shale gas is unconventional gas in locations that require special stimulation and/ or production techniques to achieve production. 13 Feb 2020 Shale in Alberta has significant potential for oil and natural gas. is much smaller than the remaining bitumen reserves in Alberta's oil sands 

18 May 2015 Figure 7: Evolution of Canada's Proven Gas Reserves. Western Canadian shale gas can be found along the Alberta/British. Columbia (BC)  10 Aug 2010 The Alberta tar sands region contains recoverable oil reserves Mining and processing tar sands and shale oil, though, requires much higher  8 May 2013 Despite the diminishing pie of reserves Crowfoot said that doesn't include what people commonly refer to as shale oil, shale gas, and shale  “Reserves” is the volume of oil or natural gas that can be recovered under current technical and economic conditions. The Alberta Energy Regulator includes low permeability non-shale oil and gas reserves (often considered as “tight” oil and gas) with conventional oil and gas reserves due to historical and administrative reasons. The province’s shale formations, including the Duvernay, Montney and Muskwa, could ultimately contain 3,324 trillion cubic feet of natural gas, 58.6 billion barrels of gas liquids and 423.6 billion barrels of oil, according to the research, conducted by the Alberta Energy Resources Conservation Board and Alberta Geological Survey. The Alberta Energy Regulator (AER), is evaluating the shale gas resource potential of all prospective shale gas formations in Alberta. As many as 15 prospective shale gas formations have been identified, five of these formations (Duvernay, Muskwa, Basal Banff/Exshaw, North Nordegg, and the Wilrich) may contain up 1,291 trillion cubic feet (TcF) of gas-in-place. An aerial view of one of Seven Generations Energy's drilling operations in the Montney, a huge deposit in Alberta. (Seven Generations Energy) The revolution in U.S. shale oil has battered Canada's energy industry in recent years, ending two decades of rapid expansion and job creation in the nation's vast oilsands.

Alberta's Shale Oil And Natural Gas Reserves Huge: Report. The Canadian Press CP. Alamy. CALGARY - Staggering amounts of oil and natural gas are locked in once-ignored Alberta rocks, according to

25 Aug 2009 (1) Also, the thickness of Green River oil shale deposits creates a favorable stripping ratio.(13) A plausible size for a commercial operation is 100  19 Feb 2013 Shale gas, for example, performs at about 6.5:1 to 7.6:1—a bit better than Canada is touted as having the third largest oil reserves in the world. additional barrels of oil sands that are sitting under Alberta's boreal forests,  20 Mar 2010 A junior oil and gas company from Alberta has been quietly scooping up land rights in southwestern Ontario, part of an audacious plan to bring  18 May 2015 Figure 7: Evolution of Canada's Proven Gas Reserves. Western Canadian shale gas can be found along the Alberta/British. Columbia (BC)  10 Aug 2010 The Alberta tar sands region contains recoverable oil reserves Mining and processing tar sands and shale oil, though, requires much higher 

29 Jan 2018 Canada's oil industry was brought to its knees with the U.S. shale boom Canada s shale gas sites near Rocky Mountain House in Alberta province where the oil sands and much of the nation's shale reserves are located.

The surprising growth of US shale oil production together with the deci- rapid discovery of new deposits and a steady stream of new investment. Finally 

10 Aug 2010 The Alberta tar sands region contains recoverable oil reserves Mining and processing tar sands and shale oil, though, requires much higher 

20 Mar 2010 A junior oil and gas company from Alberta has been quietly scooping up land rights in southwestern Ontario, part of an audacious plan to bring 

13 Feb 2020 Shale in Alberta has significant potential for oil and natural gas. is much smaller than the remaining bitumen reserves in Alberta's oil sands 

A 2008 estimate set the total world resources of oil shale at 689 gigatons—equivalent to yield of 4.8 trillion barrels (760 billion cubic metres) of shale oil, with the largest reserves in the United States, which is thought to have 3.7 trillion barrels (590 billion cubic metres), though only a part of it is recoverable. It should be noted that the EIA estimated Russia's Bazhenov shale in the West Siberian Basin as having OOIP of 1,243 billion barrels, but only 75 billion barrels as technically recoverable reserves. The AER reported Alberta’s remaining proved reserves as only 165 billion barrels at year-end 2015. The balance is concentrated in several other provinces and territories. Saskatchewan and offshore areas of Newfoundland in particular have substantial oil production and reserves. Alberta has 39% of Canada's remaining conventional oil reserves, offshore Newfoundland 28% and Saskatchewan 27%, but if oil sands are included, This is a list of countries by proven oil reserves.Proven reserves are those quantities of petroleum which, by analysis of geological and engineering data, can be estimated, with a high degree of confidence, to be commercially recoverable from a given date forward from known reservoirs and under current economic conditions. The province’s shale formations, including the Duvernay, Montney and Muskwa, could ultimately contain 3,324 trillion cubic feet of natural gas, 58.6 billion barrels of gas liquids and 423.6 billion barrels of oil, according to the research, conducted by the Alberta Energy Resources Conservation Board and Alberta Geological Survey. CALGARY — The Duvernay field in Alberta holds the country's largest marketable reserves of light shale oil and condensate, according to a new report from the national energy regulator. It is the first time the National Energy Board has done a detailed study of reserves in the 130,000 square kilometre Duvernay play, which covers around 20 per cent of Alberta, Canada's main crude-producing province. Shale-oil reserves for the Albert Mines zone, which yields an estimated 94 l/t of shale oil by Fischer assay, is estimated at 67 million barrels. The shale-oil resource for the entire oil-shale sequence is estimated at 270 million barrels (Macauley and others, 1984), or about 37 million tons of shale oil.

The province’s shale formations, including the Duvernay, Montney and Muskwa, could ultimately contain 3,324 trillion cubic feet of natural gas, 58.6 billion barrels of gas liquids and 423.6 billion barrels of oil, according to the research, conducted by the Alberta Energy Resources Conservation Board and Alberta Geological Survey.