Oil sands take smaller steps

Hunt for cost controls in Alberta projects turns to phased projects

Gary Park

Petroleum News Calgary Correspondent

The think-big approach that has ruled development of Alberta’s oil sands over three decades is getting shrunk. Instead of the multi-billion-dollar schemes that have dominated exploitation of a 180 billion barrel resource, operators are finding greater virtue in phased developments as they wrestle w....

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Three possible scenarios

Three-stage developments

Oil sands deposits now recognized

Introduction

Who’s who in the oil sands line-up