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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Peter van Steennis who wrote (48578)9/7/2005 4:03:38 PM
From: Taikun  Read Replies (2) of 206183
 
That Shell process is similar to PBG.TO's THAI process. THAI has been proven in the lab but the pilot isn't up and running yet. If it works, THAI will revolutionize oil sands extraction, which currently uses NG to produce steam. Oil sands' consumption of NG and water is already adding to op costs.

THAI will use less water and burn OOIP in the SAGD process. Recoverable barrels is also expected to increase form 60% in conventional SAGD to 80-90%

petrobank.com
petrobank.com
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