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Lower costs see oil sands emerge as one of North America’s most attractive plays
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Lower costs see oil sands emerge as one of North America’s most attractive plays
Alberta’s oil sands have emerged as one of North America’s most attractive oil plays as costs rise in competing basins like the Permian in Texas, according to a recent report. The oil sands hold 177 billion barrels of proved reserves, making it the largest play in North America by a wide margin. Existing operations have some of the continent’s lowest production costs, said Trevor Rix, a director with Enverus Intelligence Research. “Operators h…
·Welland, Canada
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