Heavy Oil and Tar Sands
The U.S. has over
100 billion barrels of heavy oil resources, with the largest deposits in
California and Alaska. There are smaller but still
significant deposits of
several hundred million barrels in a number of other states.
Heavy oil
is a dense molasses like substance that does not flow easily and
often requires some type of thermal injection, solvents, or in situ
combustion method to make it viscous enough to produce
economically. The properties of heavy oil and it's high sulfur
content require extra refining steps and thus the
price for heavy oil is significantly less than for lighter, "sweeter"
oils.
Tar sands, also referred to as oil sands, are composed mainly of sand and
bitumen. We have about
60 - 80 billion barrels
of oil in tar sands located mainly in Utah and Alaska. Currently,
no commercial production of tar sands occurs in the U.S.
Various techniques such as
surface mining,
cold heavy oil production
with sand (CHOPS),
cyclic steam stimulation (CSS),
steam assisted
gravity drainage (SAGD),
vapor extraction process (VAPEX), and
toe to
heel air injection (THAI) have been used successfully on heavy oil
and tar sands. A new
"teleperfs" technology is undergoing testing and
water alternating with gas (WAG) has also shown success.
California has been producing heavy oil commercially
since the 1850's.
The state currently uses mainly steam injection to produce about
400,000 barrels of heavy
oil daily from about 30,000 wells, less than 14
barrels per day per well on average.
Alaska is beginning to develop the heavy
oil resources that exist in large formations on the North Slope.
Techniques that do not use heat are required to protect the
tundra. BP is using CHOPS and testing
a
new type of pump.
Canada, which has massive tar sand resources, produced about
1.2 million barrels of oil
per day from tar sands in 2007 and is expected to increase that to 2.8
million barrels per day by 2015 and 3.5 million barrels per day by 2020.
The
bitumen is processed into a synthetic crude oil. We have refineries
in place that process Canadian tar sands synthetic oils so it will be
easy to process domestic products either through substitution or
expansion of refining capacity.
Canadian tar sands production costs, including capital expenses, vary between
$9 and $27 per barrel
depending on the production method used. U.S. tar sands
production costs will be marginally higher due to differences in the
properties of the resources but will still be economical with crude oil
prices above about
$30 per barrel.
Additional Heavy Oil/Tar Sands Resources
About Tar Sands
Unconventional Fuels Task Force
UFTF Press Release
UFTF Report To Congress/President
Unconventional Fuels Task Force Report: Development of America's Strategic Unconventional Resources
Secure Fuels from Domestic Resources: The Continuing Evolution of America's Oil Shale and Tar Sands Industries
NPR's National Strategic Unconventional Resource Model
"From Reservoir to Refinery" and Other Educational Posters
Energy Efficiency of Strategic Unconventional Resources
Carbon Management for Strategic Unconventional Resources
USGS Heavy Oil Fact Sheet
World Heavy Oil and Bitumen Resources
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