Thermal Lifts Saskatchewan Heavy Oil Output; EOR Brightens Cold Heavy Oil Outlook

While investment in new Alberta oilsands megaprojects has stalled, heavy oil activity in Saskatchewan is proceeding apace, albeit on a much smaller scale. Saskatchewan’s total thermal oil production, for example, is roughly 100,000 bbls a day. In the Alberta oilsands, a single project can be that size. But size increases capital risk. And at a […]