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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.
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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 276 288 564
SK 58 83 141
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This Month in Oilpatch History
The first seven days in January accounted for 104,960 acres of petroleum and natural gas exploration reservations being issued and 121,442…
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