Tar Sands
According to Petroleum Economist, "Although tar sands occur in more than 70 countries, the bulk is found in Canada in four regions: Athabasca, Wabasca, Cold Lake, Peace River; together covering an area of some 77,000 km2".(1) In fact, the reserve considered to be technically recoverable is estimated at 280-300 Gb (billions of barrels), larger than the Saudi Arabia oil reserves estimated at 240 Gb. The total reserves for Alberta, including oil not recoverable using current technology, are estimated at 1,700-2,500 Gb.
That at oilcrisis.com , 2nd google hit on "tar sands". There was discussion of development of these reserves here last fall, but SI search is hosed again. How unusual. My recollection is that the 2 major developers of these reserves are on track to be producing o(100k ) barrels a day each, not enough to make any difference. |
