The Oil Sands Explained ... in 10 minutes

Alberta’s oil sands is the world’s third largest oil reserves, and a huge part of Canada's economy, generating billions annually in government taxes, revenues and royalties, supporting small and medium-sized businesses from coast to coast, and attracting hundreds of thousands of workers from across the country. But how much do you know about the oil sands? Timestamps: 0:00 Intro 0:50 Geological formation 1:15 Oil sands reserves 1:41 Deposit geology 2:00 Properties of bitumen 2:42 Getting oil from the oil sands 2:56 Extraction methods - in-situ vs mining 3:09 In-situ extraction 3:57 Surface mining 5:28 Bitumen upgrading 6:42 Production volumes - diluted bitumen vs synthetic crude 7:10 Buyers of oil sands crude - Canada vs USA 8:07 Export pipelines 9:24 Oil prices explained 10:13 GHG emissions from the oil sands 11:31 Outro Oil Sands 101 — Short Course (full version): https://www.oilsandsmagazine.com/courses/short-course-oil-sands-101 Technical Library: https://www.oilsandsmagazine.com/technical Weekly Newsletter: https://www.oilsandsmagazine.com/newsletter-sign-up Social Media: https://twitter.com/OilSandsMag https://www.linkedin.com/company/oil-sands-magazine