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The Alberta oil sands are not only doing important work with their in situ mining, open pit mining, and research into finding an alternative to natural gas, they also provide more oil to the United States than Saudi Arabia does – to the tune of 1.5 million barrels per day. By 2019, that number is expected to reach 3.3 million barrels per day.
Why will Alberta oil sands companies need more pipelines to transport diluted crude oil to North America?
Take a historic location where the Hudson Bay Company operated its trading post back in 1870 and you have Fort McMurray, which remains a focal point in the eyes of the world with its oil sands industry.
It’s official: Shell enters the oil sands rush with its Alberta project. It has plans to pursue the employment of steam-driven extraction methods.
As a small business owner servicing a niche market in the oil and gas industry, you’re planning on a major expansion into the Edmonton region.
It was midnight when you had a great idea, so you reached for a pen and a pad, but wait, where'd it go? That was when you realized you’d gone digital, so you powered up the bedside tablet and let the ideas flow.
As a new service provider to the Canadian oil and gas industry, you’ve learned quickly just how complicated it is to grow your business. Your goal is to gain entry into northern Alberta where the Athabasca reserves exist – your patented process for in situ extraction of bitumen has attracted a number of investors and you’re ready to work with clients servicing the Cold Lake Deposits.
You’d just arrived at a remote location up in the Alberta sands region to check on your install of your new product when a call came in from your bookkeeper back in Calgary. It was then you realized just how problematic the Open Invoice could be, when your “best practices” amounted to coffee-stained stacks of orders and invoices on the bookkeeper's desk.
Finally, all of your hard work is paying off – you just got word that one of the major Canadian oil companies in the Alberta oil sands wants your company to provide the product you’ve been pitching to them over the past few months.