In southern Alberta, Saskatchewan, North Dakota and in Montana, tight oil production (from the Bakken Formation) is now approaching 1 million barrels per day. That is about 1% of world demand: not bad. Bakken production now challenges McMurray bitumen production, which is on the order of 2 million barrels per day and rising.<\/p>\n
The Bakken Formation has garnered less environmental attention than the McMurray deposits, and is an attractive resource from that point of view. However, it is a play that requires fracing and locally comes under scrutiny ( http:\/\/video.cnbc.com\/gallery\/?video=3000041249 ). The McMurray, on the other hand is a whopping huge deposit that promises steady cash flow and stability, but is either mined (see attached) or steamed ( http:\/\/www.conocophillips.ca\/EN\/tech\/sagd\/Pages\/index.aspx ).<\/p>\n
As usual, excellent choices! What do you think of these options?<\/p>\n","protected":false},"excerpt":{"rendered":"
In southern Alberta, Saskatchewan, North Dakota and in Montana, tight oil production (from the Bakken Formation) is now approaching 1 million barrels per day. That is about 1% of world demand: not bad. Bakken production now challenges McMurray bitumen production, which is on the order of 2 million barrels per day and rising. The Bakken … Continue reading Tight oil better than heavy oil?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-44","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/cms.eas.ualberta.ca\/gingras\/wp-json\/wp\/v2\/posts\/44","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cms.eas.ualberta.ca\/gingras\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cms.eas.ualberta.ca\/gingras\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cms.eas.ualberta.ca\/gingras\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cms.eas.ualberta.ca\/gingras\/wp-json\/wp\/v2\/comments?post=44"}],"version-history":[{"count":1,"href":"https:\/\/cms.eas.ualberta.ca\/gingras\/wp-json\/wp\/v2\/posts\/44\/revisions"}],"predecessor-version":[{"id":139,"href":"https:\/\/cms.eas.ualberta.ca\/gingras\/wp-json\/wp\/v2\/posts\/44\/revisions\/139"}],"wp:attachment":[{"href":"https:\/\/cms.eas.ualberta.ca\/gingras\/wp-json\/wp\/v2\/media?parent=44"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cms.eas.ualberta.ca\/gingras\/wp-json\/wp\/v2\/categories?post=44"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cms.eas.ualberta.ca\/gingras\/wp-json\/wp\/v2\/tags?post=44"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}