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Oil Sands: The Canadian Experience

Oil Sands: The Canadian Experience James J. Heron Manager, Resource Intelligence, Resource Information Services, Department of Energy and Natural Resources, Government of the Province of Alberta, Edmonton, Alberta, Canada Elma K. Spady General Counsel, Alberta Oil Sands Technology and Research Authority, Edmonton, Alberta, Canada OIL SANDS IN CANADA-RESERVES AND SUPPLY/DEMAND ISSUES Canada, because of its cold climate, immense distances and highly industralized economy, is the largest per capita user of oil in the world. Canadians consume approximately 1. 74 million barrels of petroleum a day. About 5 1 0,000 barrels a day are imported and the remainder is provided from domestic supplies. The high rate of production required to maintain this supply is rapidly depleting Canada's reserves of conventional oil. Some 87% of the oil produced in Canada comes from the province of Alberta (Figure 1). For a number of years following major petroleum discoveries in 1 947, additions to reserves exceeded production in the province. In 1 970, however, this trend was reversed and has so continued for the past 1 2 years. As a result, the Alberta Energy Resources Conservation Board (AERCB) reported that the remaining established reserves at the end of 198 1 had declined to 4.38 billion barrels. At http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Annual Review of Environment and Resources Annual Reviews

Oil Sands: The Canadian Experience

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Publisher
Annual Reviews
Copyright
Copyright 1983 Annual Reviews. All rights reserved
Subject
Review Articles
ISSN
1543-5938
DOI
10.1146/annurev.eg.08.110183.001033
Publisher site
See Article on Publisher Site

Abstract

James J. Heron Manager, Resource Intelligence, Resource Information Services, Department of Energy and Natural Resources, Government of the Province of Alberta, Edmonton, Alberta, Canada Elma K. Spady General Counsel, Alberta Oil Sands Technology and Research Authority, Edmonton, Alberta, Canada OIL SANDS IN CANADA-RESERVES AND SUPPLY/DEMAND ISSUES Canada, because of its cold climate, immense distances and highly industralized economy, is the largest per capita user of oil in the world. Canadians consume approximately 1. 74 million barrels of petroleum a day. About 5 1 0,000 barrels a day are imported and the remainder is provided from domestic supplies. The high rate of production required to maintain this supply is rapidly depleting Canada's reserves of conventional oil. Some 87% of the oil produced in Canada comes from the province of Alberta (Figure 1). For a number of years following major petroleum discoveries in 1 947, additions to reserves exceeded production in the province. In 1 970, however, this trend was reversed and has so continued for the past 1 2 years. As a result, the Alberta Energy Resources Conservation Board (AERCB) reported that the remaining established reserves at the end of 198 1 had declined to 4.38 billion barrels. At

Journal

Annual Review of Environment and ResourcesAnnual Reviews

Published: Nov 1, 1983

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