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Vol. 7, No. 28 Week of July 14, 2002
Providing coverage of Alaska and northern Canada's oil and gas industry


Oil sands surpass conventional crude production in Alberta

All major reserve categories decline in 2001, despite record drilling; established natural gas reserves could be gone in eight years, conventional crude in 6.5 years

Gary Park

PNA Canadian Correspondent

Alberta crossed a threshold in 2001,with production from the oil sands region surpassing conventional crude for the first time, the beginning of a trend that will see the oil sands contribute as much as 75 percent of output within 10 years. The Alberta Energy and Utilities Board reported that the p....

    [additional news subjects in this story]

Only 2 percent of oil sands produced

Successful wells down

Drilling to average 10,000 wells until 2011

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