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Oilsands mining companies need to adopt next-generation systems—including autonomous equipment and remote operations and maintenance monitoring—in order to cope with lower oil prices, tight labour supplies and safety concerns, says a long-time mining industry consultant. But because of the unique conditions and characteristics of oilsands mining versus other materials and regions, it won’t be simple and it is unlikely to happen fast.
Three decades ago, Glen Perry was in the place that many of the current Canadian LNG proponents are today: trying to do a deal.
Here is what we know. WTI oil prices have declined by 30 per cent since June, and as of early November were hovering in the US$77 per bbl range.
News
Oilpatch 101, a two-day introductory course on the Canadian oilpatch, is offering a class in Vancouver on Feb. 18-19.
A new study by the Fraser Institute counters calls from environmentalists to ban crude oil tankers off Canada’s West Coast, noting that despite higher tanker traffic worldwide, oil spills have not proliferated.
Nominate a Rising Star by January 31, 2015.
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Current Rig Activity
PROVINCE ACTIVE DOWN TOTAL
AB 280 284 564
SK 62 78 140
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MB 10 10 20
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Canada 413 387 800
Oil & Gas Prices
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AECO/NGX Spot Price
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This Month in Oilpatch History
IMPERIAL OIL LTD, resuming operations in the VIKING-KINSELLA, area where during the past year it has proven up one of the largest Natural…
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