MASS MEDIA DISTRIBUTION NEWSWIRE

Bitumen Recovery and Technology A New Report from Energy Business Reports
January 19, 2007
 
Sample Image Energy Business Reports


Press Contact:
Barbara Drazga
This email address is being protected from spam bots, you need Javascript enabled to view it
Tel 800-304-0345
www.energybusinessreports.com

 

 
Bitumen Recovery and Technology A New Report from Energy Business Reports
 
  • In 2005, crude oil derived from oil sands and associated bitumen accounted for about 50% of Canada’s crude oil output. The figure is expected to increase to 77% by 2012.
  • Over the next decade, synthetic crude produced from Alberta's oil sands will be between 1.5 and 1.7 million barrels per day, and the amount of bitumen shipped to market will double from its current volume of around 350,000 bbl/d.

In recent years, investments in oil sands projects have become more attractive due to the increasing price of crude oil and technology improvements that have brought down the costs of bitumen production. The latest report from Energy Business Reports, an energy industry think tank, focuses on the issues, challenges and potentialities associated with bitumen recovery.

Environmental Challenges: For every unit volume of bitumen recovered, six or more units of wet sands and water-saturated tailings must be handled, processed, and eventually reclaimed. In addition, the overburden scraped away from the oil sands layers also needs to be reclaimed. Emissions from oil sands operations include carbon dioxide, sulfur dioxide, nitrogen oxides, hydrogen sulfide, carbon monoxide, methane and other volatile organic compounds, ozone, and particulate matter. Air pollution, acid rain, snow, dust, and ground level smog are all issues for the bitumen industry.

Synthetic Crude Oil (SCO) Quality: SCO derived from bitumen currently has limited value across an expanded market base because of its quality drawbacks.  The high aromaticity (strong smell) of SCO is a big problem, and collaborative research is needed to address this issue. The current push toward ultra-low sulfur fuels in both Canada and the U.S. is another quality issue calling for investment.

The Need for Research and Development: Research and development is needed in virtually all areas of the industry to address the numerous challenges, improve recovery, and lower the production costs of bitumen. This report outlines the areas of R&D that offer potential, including chemical enhancements to help improve the flow characteristics of bitumen; biotechnology that may enhance recovery using tailored microbes; low pressure SAGD to improve thermal efficiency; water recycling methods; and various techniques to improve drilling and ore processing. Universities, government, and industry researchers are all working to advance these technologies in both laboratory and in-field experimentation.

At-Face Mining: Bitumen can be recovered by mining or in-situ production. Moving the extraction step to the mine face is commonly known as at-face mining. The concept of at-face mining includes the integration of various steps in the mining-to-tailings chain through integrated equipment, such as the tar sands combine. This device uses only 20% of the normal extraction water (after recycling) and produces geo-technically stable tailings. Power consumption is also significantly reduced.

Alberta, Canada is home to 85% of the world’s bitumen, and Canadian deposits are virtually the only ones that are economically recoverable for conversion to oil. The growth potential for the bitumen industry is enormous. Its development along the lines outlined in this report will bring major growth in employment, infrastructure, and government tax and royalty intake over the long term. However, extensive research and development is needed to bring costs down further and to address numerous other challenges associated with bitumen extraction and production.

About the Publisher: "Bitumen Recovery and Technology" is published by Energy Business Reports (www.EnergyBusinessReports.com), an energy industry think tank and leading source for energy industry information and research products. Other reports available from EBR include: Market for Cellulose Ethanol, Potential of Oil Sands as an Energy Source, Weather Risk Management, Natural Gas Storage Effects on Energy Trading, Fuel Cell Technology, Outlook for Unconventional Gas, Securing Energy Assets and Infrastructure, Market for Solar Photovoltaics, and Understanding the China Energy Market. This can be ordered at www.EnergyBusinessReports.com

 
< Prev   Next >

Press Release Summary

In recent years, investments in oil sands projects have become more attractive due to the increasing price of crude oil and technology improvements that have brought down the costs of bitumen production. The latest report from Energy Business Reports, an energy industry think tank, focuses on the issues, challenges and potentialities associated with bitumen recovery.