In the United States a large supply of oil sands are found in Eastern Utah. These deposits of bitumen or heavy crude oil have the ability to generate about 12 to 19 billion barrels from a number of prominent sites. [1]
In the United States a large supply of oil sands are found in Eastern Utah. These deposits of bitumen or heavy crude oil have the ability to generate about 12 to 19 billion barrels from a number of prominent sites. [1]
Since the early 1900s the oil sand deposits have been extracted mainly for the use of road pavement. Later, in the 1970s, oil companies began to experiment with the deposits in the hope of using it for their benefit. These experiments ended in the late 1980s when the technologies being used were concluded inefficient and too expensive. [2] Recently, oil companies have again become interested in Utah's oil sands. Now that conventional oil is becoming harder to find, oil sands have become an alternative fuel source.
Utah's oil sands are made up of several different deposits all consisting of different amounts of heavy or crude oil. These sites are mostly found on public lands. They are mainly close together and many are found within the Uintah Basin of Utah, which is a section of the Colorado Plateaus province. Some of these sites include Sunnyside, P.R. Spring, Asphalt Ridge, Hill Creek, Circle Ridge, Circle Cliffs, White Rocks, and the Tar Sand Triangle, the highest deposit. [2]
The Tar Sand Triangle is located in Southeastern Utah and covers an area of 148,000 acres (600 km2). It is located between the Dirty Devil and Colorado Rivers in Wayne and Garfield Counties. The Tar Sand Triangle is the largest deposit of oil sands in the United States known today. It contains about 6.3 billion barrels of heavy oil, but is thought to have originally held more. At one point the Tar Sand Triangle could have consisted of 16 billion barrels of heavy oil, almost as much as in Utah today. [3]
Asphalt, also known as bitumen, is a sticky, black, highly viscous liquid or semi-solid form of petroleum. It may be found in natural deposits or may be a refined product, and is classed as a pitch. Before the 20th century, the term asphaltum was also used. The word is derived from the Ancient Greek ἄσφαλτος ásphaltos. The largest natural deposit of asphalt in the world, estimated to contain 10 million tons, is the Pitch Lake located in La Brea in southwest Trinidad, within the Siparia Regional Corporation.
Oil shale is an organic-rich fine-grained sedimentary rock containing kerogen from which liquid hydrocarbons can be produced, called shale oil. Shale oil is a substitute for conventional crude oil; however, extracting shale oil from oil shale is more costly than the production of conventional crude oil both financially and in terms of its environmental impact. Deposits of oil shale occur around the world, including major deposits in the United States. A 2016 estimate of global deposits set the total world resources of oil shale equivalent of 6.05 trillion barrels of oil in place.
Oil sands, tar sands, crude bitumen, or bituminous sands, are a type of unconventional petroleum deposit. Oil sands are either loose sands or partially consolidated sandstone containing a naturally occurring mixture of sand, clay, and water, soaked with bitumen, a dense and extremely viscous form of petroleum.
The Athabasca oil sands, also known as the Athabasca tar sands, are large deposits of bitumen or extremely heavy crude oil, located in northeastern Alberta, Canada – roughly centred on the boomtown of Fort McMurray. These oil sands, hosted primarily in the McMurray Formation, consist of a mixture of crude bitumen, silica sand, clay minerals, and water. The Athabasca deposit is the largest known reservoir of crude bitumen in the world and the largest of three major oil sands deposits in Alberta, along with the nearby Peace River and Cold Lake deposits.
For Peak brand motor oil, see Peak.
Unconventional oil is petroleum produced or extracted using techniques other than the conventional method. Industry and governments across the globe are investing in unconventional oil sources due to the increasing scarcity of conventional oil reserves. Unconventional oil and gas have already made a dent in international energy linkages by reducing US energy import dependency.
Heavy crude oil is highly-viscous oil that cannot easily flow to production wells under normal reservoir conditions.
Steam-assisted gravity drainage is an enhanced oil recovery technology for producing heavy crude oil and bitumen. It is an advanced form of steam stimulation in which a pair of horizontal wells is drilled into the oil reservoir, one a few metres above the other. High pressure steam is continuously injected into the upper wellbore to heat the oil and reduce its viscosity, causing the heated oil to drain into the lower wellbore, where it is pumped out. Dr. Roger Butler, engineer at Imperial Oil from 1955 to 1982, invented the steam assisted gravity drainage (SAGD) process in the 1970s. Butler "developed the concept of using horizontal pairs of wells and injected steam to develop certain deposits of bitumen considered too deep for mining". In 1983 Butler became director of technical programs for the Alberta Oil Sands Technology and Research Authority (AOSTRA), a crown corporation created by Alberta Premier Lougheed to promote new technologies for oil sands and heavy crude oil production. AOSTRA quickly supported SAGD as a promising innovation in oil sands extraction technology.
The Western Canada Sedimentary Basin (WCSB) is a vast sedimentary basin underlying 1,400,000 square kilometres (540,000 sq mi) of Western Canada including southwestern Manitoba, southern Saskatchewan, Alberta, northeastern British Columbia and the southwest corner of the Northwest Territories. It consists of a massive wedge of sedimentary rock extending from the Rocky Mountains in the west to the Canadian Shield in the east. This wedge is about 6 kilometres (3.7 mi) thick under the Rocky Mountains, but thins to zero at its eastern margins. The WCSB contains one of the world's largest reserves of petroleum and natural gas and supplies much of the North American market, producing more than 16,000,000,000 cubic feet (450,000,000 m3) per day of gas in 2000. It also has huge reserves of coal. Of the provinces and territories within the WCSB, Alberta has most of the oil and gas reserves and almost all of the oil sands.
Canada's oil sands and heavy oil resources are among the world's great petroleum deposits. They include the vast oil sands of northern Alberta, and the heavy oil reservoirs that surround the small city of Lloydminster, which sits on the border between Alberta and Saskatchewan. The extent of these resources is well known, but better technologies to produce oil from them are still being developed.
Shale oil extraction is an industrial process for unconventional oil production. This process converts kerogen in oil shale into shale oil by pyrolysis, hydrogenation, or thermal dissolution. The resultant shale oil is used as fuel oil or upgraded to meet refinery feedstock specifications by adding hydrogen and removing sulfur and nitrogen impurities.
Oil shale economics deals with the economic feasibility of oil shale extraction and processing. Although usually oil shale economics is understood as shale oil extraction economics, the wider approach evaluates usage of oil shale as whole, including for the oil-shale-fired power generation and production of by-products during retorting or shale oil upgrading processes.
The Utah Oil Sands Joint Venture is a joint venture between Nevtah Capital Management, Inc., and Black Sands Energy Corp. to develop oil sands resources at the Uintah Basin in Utah.
Oil reserves in Canada were estimated at 172 billion barrels as of the start of 2015 . This figure includes the oil sands reserves that are estimated by government regulators to be economically producible at current prices using current technology. According to this figure, Canada's reserves are third only to Venezuela and Saudi Arabia. Over 95% of these reserves are in the oil sands deposits in the province of Alberta. Alberta contains nearly all of Canada's oil sands and much of its conventional oil reserves. The balance is concentrated in several other provinces and territories. Saskatchewan and offshore areas of Newfoundland in particular have substantial oil production and reserves. Alberta has 39% of Canada's remaining conventional oil reserves, offshore Newfoundland 28% and Saskatchewan 27%, but if oil sands are included, Alberta's share is over 98%.
The proven oil reserves in Venezuela are recognized as the largest in the world, totaling 300 billion barrels (4.8×1010 m3) as of 1 January 2014. The 2019 edition of the BP Statistical Review of World Energy reports the total proved reserves of 303.3 billion barrels for Venezuela (slightly more than Saudi Arabia's 297.7 billion barrels).
The Melville Island oil sands are a large deposit of oil sands on Melville Island in the Canadian Arctic Archipelago.
The Cold Lake oil sands are a large deposit of oil sands located near Cold Lake, Alberta. Cold Lake is east of Alberta's capital, Edmonton, near Alberta's border with Saskatchewan, and a small portion of the Cold Lake field lies in Saskatchewan.
Located in northwest-central Alberta, the Peace River oil sands deposit is the smallest of four large deposits of oil sands of the Western Canadian Sedimentary Basin formation.
Carabobo is an oil field located in Venezuela's Orinoco Belt. As one of the world's largest accumulations of recoverable oil, the recent discoveries in the Orinoco Belt have led to Venezuela holding the world's largest recoverable reserves in the world, surpassing Saudi Arabia in July 2010. The Carabobo oil field is majority owned by Venezuela's national oil company, Petroleos de Venezuela SA (PDVSA). Owning the majority of the Orinoco Belt, and its estimated 1.18 trillion barrels of oil in place, PDVSA is now the fourth largest oil company in the world. The field is well known for its extra Heavy crude oils, having an average specific gravity between 4 and 16 °API. The Orinoco Belt holds 90% of the world's extra heavy crude oils, estimated at 256 billion recoverable barrels. While production is in its early development, the Carabobo field is expected to produce 400,000 barrels of oil per day.
Petroteq Energy, Inc. is a Canadian oil and gas company. Petroteq Energy's oil sands extraction operations are located in Utah.