Alberta bitumen production on the way up
Provinceís energy regulator points to 131% increase over next decade to 3 million bpd; forecasts 36% drop in gas, excluding shale
By Gary Park
For Petroleum News
Alberta bitumen production will increase by 131 percent over the next decade to 3 million barrels per day, accounting for 88 percent of the provinceís total oil output, the Energy Resources Conservation Board has predicted.
The regulatorís annual report takes a more bullish view of the long-term tha....
[additional news subjects in this story]
Bitumen reserves 170B barrels
Some positive gas showings
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