Operator Cancels SAGD Scheme

Due to economics and new reservoir thinking

After three years in the approval queue, this applicant decided to cancel his application for a new SAGD Scheme. He cites the current economic climate and a fresh look at the reservoir and the driving factors for this withdrawal. Perhaps we'll see this one deposit exploited with different technology.

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Tags: Regulator, Thermal, Heavy Oil

Granger Low  27 Aug 2015

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