SEPTEMBER PRODUCTION RECORDS Cenovus reported two production records in September. Production at Foster Creek rose to an ...

Bitumen contained within the oil sands is an extra-heavy petroleum which contains a large fraction of complex long-chain hydrocarbon molecules. These complex molecules, particularly asphaltenes, make ...

MEG Energy is reminding shareholders to vote "for" the Cenovus offer ahead of the proxy deadline next Tuesday. The transaction has the support of MEG's Board of Directors and two independent proxy ...

Differentials between oil prices at different locations largely reflect the cost of getting crude from the producer to the right customer. But other factors, like supply, demand and transportation ...

Oil prices slid lower in April, the third consecutive month of declines, tumbling about 20% for the month. While the global oil benchmarks are at 4-year lows, Western Canadian Select is holding up ...

Spur Petroleum is seeking regulatory approval to restart the McMullen Thermal Pilot Project, which was originally developed by Husky Energy. Spur acquired the asset from Cenovus Energy in 2024.

There are almost 200 benchmark crude streams produced around the world. Each stream has a unique quality specification, particularly in reference to density and sulphur content. Benchmark prices ...

Blackrod began as a pilot project in 2010 and is currently running 2 out of 3 test well pairs. The in-situ facility uses steam-assisted gravity drainage (SAGD) technology to extract bitumen from the ...

After being shut-in for more than three years, Marlin Resources has applied for a restart of the STP McKay SAGD asset, formerly operated by Everest Canadian Resources. Read More ...

According to the Alberta Energy Regulator (AER), the province produced 4.15 million bbl/day of crude oil and condensate in April, down 15,000 bbl/day from the December record high of 4.4 million ...

This post is an excerpt from our latest course — Subsurface Planning & Operations for Thermal In-Situ Recovery. Check out this link for more details → Alberta currently produces about 4 million ...