by Robert Tuttle, June 26, 2018 in Bloomberg
While U.S. drillers deploy more rigs than any time since 2015 amid a fracking surge in the Permian Basin, companies including ConocoPhillips, Royal Dutch Shell Plc and Equinor ASA have sold operations or pulled out of Canada’s oil sands, the world’s third largest source of crude reserves.
by Seismological Society of America, May 17, 2018 in ScienceDaily
The experiments conducted by Lawrence Livermore National Laboratory researcher Kayla Kroll and her colleagues were prompted by a recent spike in induced earthquake activity related to oil and gas production in the U.S. and Canada. The rise in induced earthquakes has some scientists proposing changes in injection or production processes to reduce the fluid pressures that destabilize faults in these regions.
In their simulations, Kroll and colleagues “found that active management was most advantageous for wells that were closest to a fault. This scenario is most successful at reducing the total number of seismic events and also the maximum magnitude of those events,” Kroll said. In their simulations, a “close well” was one to four meters away from a fault (…)
by Simon Fraser University, March 29,2018 in ScienceDaily
A new 53 million-year-old insect fossil called a scorpionfly discovered at B.C.’s McAbee fossil bed site bears a striking resemblance to fossils of the same age from Pacific-coastal Russia, giving further evidence of an ancient Canada-Russia connection.
by Allan Chatenay, October 21, 2017
Dear Prime Minister Trudeau and Minister McKenna;
Canada has a problem.
Climate Change is Killing Us.
Or more precisely, your view of climate change is killing us.
by Kevin Orland, August 24, 2017 in BloombergNews
Canada’s tar sands, which contain the planet’s third-largest oil reserves, were a prized possession for global energy companies when crude was trading above $100 a barrel. But since prices fell to $50 in 2015, where they have lingered, Royal Dutch Shell, ConocoPhillips, and Marathon Oil have unloaded their holdings amid concerns that these capital-intensive projects would struggle to turn a profit.
(…) In recent earnings announcements, Suncor and rival Cenovus Energy Inc. said they can now sustain production with oil at $40 a barrel without jeopardizing the dividend they pay shareholders.
by University of Alberta, June 26, 2017 in ScienceDaily
For the past two years, U. Alberta geophysicist Mirko Van der Baan and his team have been poring over 30 to 50 years of earthquake rates from six of the top hydrocarbon-producing states in the United States and the top three provinces by output in Canada: North Dakota, Ohio, Oklahoma, Pennsylvania, Texas, West Virginia, Alberta, British Columbia, and Saskatchewan.
With only one exception, the scientists found no province- or state-wide correlation between increased hydrocarbon production and seismicity. They also discovered that human-induced seismicity is less likely in areas that have fewer natural earthquakes.
par Peter Budgell, 12 février 2016
Si le Canada est le 5e producteur mondial de pétrole (derrière les États-Unis, l’Arabie saoudite, la Russie et la Chine), il le doit à ses gisements de sables bitumineux qui le placent au 3e rang en matière de réserves prouvées (derrière le Venezuela et l’Arabie saoudite). Face à la chute des cours du brut, l’Alberta est toutefois en difficultés et le Premier ministre canadien Justin Trudeau a récemment annoncé une aide financière pour relancer l’économie de cette province pétrolière. Les sables bitumineux sont d’autre part montrés du doigt en raison de leur impact environnemental. Quel sera l’avenir de ces ressources ?
Egalement : les ressources naturelles sont-elles inépuisables?