Report counts on oil sands bonanzaAlberta Chamber of Resources says five-fold increase to 5 million barrels per day is possible from oil sands by 2030; but group acknowledges wide range of technological challenges Gary Park Petroleum News Calgary Correspondent
Technology has been the key to achieving production of almost 1 million barrels per day from Alberta’s oil sands and will underpin expansion to 2 million bpd in 2012 and possibly 5 million bpd in 2030, said the Alberta Chamber of Resources.
In an 82-page study released Jan. 30, the chamber predicte....
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