DantesPeak wrote:A Crash Program Scenario for the Canadian Oil Sands Industry
Bengt Söderbergh, Fredrik Robelius and Kjell Aleklett
Contact: Kjell Aleklett
Uppsala Hydrocarbon Depletion Study Group
Uppsala University, Box 535, SE-751 21, Sweden
Contact e-mail:
[email protected]Abstract
The report Peaking of World Oil Production: Impacts, Mitigation and Risk Management, by Robert L. Hirsch et al., concludes that Peak Oil is going to happen and that worldwide large-scale mitigation efforts are necessary to avoid its possible devastating effects for the world economy. These efforts include accelerated production, referred to as crash program production, from Canada’s oil sands. The objective of this article is to investigate and analyse what production levels that might be reasonable to expect from a crash program for the Canadian oil sands industry, within the time frame 2006-2018 and 2006-2050. The implementation of a crash program for the Canadian oil sands industry is associated with serious difficulties. There is not a large enough supply of natural gas to support a future Canadian oil sands industry with today’s dependence on natural gas. It is possible to use bitumen as fuel and for upgrading, although it seems to be incompatible with Canada’s obligations under the Kyoto treaty.
For practical long-term high production, Canada must construct nuclear facilities to generate energy for the in situ projects. Even in a very optimistic scenario Canada’s oil sands will not prevent Peak Oil. A short-term crash program from the Canadian oil sands industry achieves about 3.6 mb/d by 2018. A long-term Crash program results in a production of approximately 5 mb/d by 2030.
Peakoil.netWarning: 46 page PDF
"Canada must construct nuclear facilities to generate energy..."
and
"It is possible to use bitumen as fuel and for upgrading, although it seems to be incompatible with Canada’s obligations under the Kyoto treaty"
Will Canadian Oil sands prevent PO? No. But Please! If these guys are going to make such absolute statements they need to do more research, and then they would see they can't make such absolute statements.
All it will take is a technology such as THAI to prove both of those statments that I quoted wrong, wrong, wrong.
THAI would radically reduce the need for natural gas and makes nuclear a non-starter (not that I'm against nuclear). THAI would also help immensely with Kyoto goals, as the majority of CO2 is trapped underground, it would reduce emissions 50%.
To learn more about THAI:
www.petrobank.com
Click on "WhiteSands Insitu" and there's lots of good stuff to read.
Disclaimer: I own stock in PBG, but for a very good reason.