Results 1 to 5 of 5

Thread: Alberta’s conventional oil resources - how much is left?

  1. #1

    Default Alberta’s conventional oil resources - how much is left?

    Just wondering how long it’s taken to deplete this resource and what remains recoverable.

  2. #2

  3. #3
    Addicted to C2E
    Mr. Reality Check

    Join Date
    Mar 2006
    Location
    Edmonton, Alberta
    Posts
    11,491

    Default

    Quote Originally Posted by Marcel Petrin View Post
    "If you did not want much, there was plenty." Harper Lee

  4. #4

    Default

    Found it. Thanks.

  5. #5
    C2E Hard Core Contributor
    Join Date
    Jan 2008
    Location
    Edmonton
    Posts
    2,602

    Default

    Quote Originally Posted by KC View Post
    Just wondering how long it’s taken to deplete this resource and what remains recoverable.
    Table 1 of this Executive Summary provides some of the data you're looking for.

    Available here: https://www.aer.ca/documents/sts/ST9...ve_Summary.pdf

    The technologies to extract conventional oil are getting better with each passing year so how much is remaining is a moving target. The short answer is lots. The Alberta Energy Regulator's latest estimate is that Alberta has about a 120 year supply of ultimately recoverable conventional oil at current production rates. What can be economically recovered with today's prices and technologies is of course much less (about 11 years).
    Last edited by East McCauley; 09-08-2018 at 06:05 PM.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •