(EnergyAsia, June 23, Monday) — Canada’s Alberta province holds as estimated bitumen reserves of almost 173 billion barrels as well as reserves of 1.5 billion barrels of conventional oil, according to the Energy Resources Conservation Board (ERCB). Last year, the province produced 482 million barrels, or 1.32 million b/d of bitumen, exceeding conventional oil production…
MARKETS: Canada’s Alberta conventional and bitumen reserves top 174 billion barrels
Posted on June 22, 2008 by EnergyAsia