Published June 15, 1992 | Version v1
Journal article

China joins Alberta oilsands research

Creators

Description

This paper reports that China's state oil company has bought a stake in an in situ oilsands research project in northern Alberta. China National Petroleum Corp. (CNPC) will invest $6.5 million in the Underground Test Facility (UTF) operated by Alberta Oilsands Technology and Research Authority (Aostra) near Fort McMurray. It is the first foreign research investment for CNPC. The UTF is a joint venture by provincial agency Aostria, the Canadian federal government, and commercial partners in underground mining techniques to extract crude oil from bitumen. Alberta opened a trade office in Beijing in 1991 and now sells several hundred million dollars a year in petroleum equipment and services to China. A horizontal well in situ steam injection process is approaching the production stage at the UTF. It is to begin producing at a rate of 2,000 b/d this fall. The current project is a followup to a pilot project

Additional details

Publishing Information

Journal Title
Oil and Gas Journal
Journal Volume
90
Journal Issue
24
Series
Oil Gas J.
Journal Page Range
29
ISSN
0030-1388
CODEN
OIGJA