Geological Mapping and Reservoir Characterization of Oil Sands Reservoir by Integrating 3D Seismic, Dipmeter, Core Description

NEXEN Inc. and OPTI Canada Inc. formed a 50/50 joint venture to develop the Long Lake property located about 40 km southeast of Fort McMurray in the Athabasca Oil Sands Region (AOSR) of northeastern Alberta (Figure 1). The project will be developed in several phases. Phase 1 development aims to produce approximately 70,000 barrels per day (b/d) of bitumen. Production will use Steam Assisted Gravity Drainage (SAGD) bitumen recovery technology that uses steam to transfer heat and mobilize extremely viscous bitumen. This technology is applied virtually in all existing and planned in-situ projects in the AOSR.

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