Page added on July 8, 2009
One has to realize the enormous reserve base of the oil sands, allowing these companies to produce larger quantities of oil for a longer periods of time to a substantial degree. If that doesn’t spark your interest, there are several companies that have an oil sands operation to complement their flagship operations. The three largest projects in the Oil Sands are Synacrude, The Suncor Mine and The Albian Sands. They all continue to grow output year after year which is very significant as many oil companies’ production is dropping off in the face of peak oil.
If all these plans come to fruition, these five companies will be producing over 3.3 million bbl/d (500,000 m3/d) of oil from oil sands by 2028.
Seeking Alpha, with graphs.
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