• StatoilHydro announced it has plans to participate in new field research to test a novel in situ oil sands technology at its Leismer project that could reduce water usage and carbon dioxide emissions. The steam-solvent co-injection (SCI) project (SOLVE) technology will reduce the steam-to-oil ratio in oil sands extraction. This will have "a direct effect on reducing water use and CO2 emissions since the solvent increases the amount of bitumen produced per barrel of water and fuel consumed," the company stated. Extensive field testing will be conducted by StatoilHydro’s partner, the Petroleum Technology Research Centre, in Regina, Saskatchewan. To date, the technology has received $6 million in funding from Sustainable Technology Development Canada to assist in its development.
  • Suncor announced its oil sands production is up approximately 25% and costs are down 15% when compared with the same time last year. The company’s strategy is to increasingly shift production to Canadian oil sands so that an estimated 65% of Suncor’s production will come from the oil sands in three years, compared with approximately 50% that currently comes from oil sands.
  • Suncor further announced it is on track for meeting or exceeding its operating and capital efficiency targets. Oil sands production at the company averaged 312,000 bpd in August whereas year-to-date oil sands production averaged 294,000 bpd. These figures for production include upgraded sweet and sour synthetic crude oil and diesel, along with non-upgraded bitumen sold directly to market.
  • Excelsior Energy, a junior oilsands company, submitted an application to the Energy Resources Conservation Board and Alberta Environment in June to enable it to operate three combustion overhead gravity drainage ("COGD") wells at its proposed Athabasca oilsands project. The company announced the "application was an important milestone for Excelsior and the culmination of extensive geological, engineering and environmental work that was completed on time and on budget." Target production for the wells is 1,000 bbls of bitumen per day. The COGD wells would make use of an experimental proprietary technology owned by the company.