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How It Works: Heavy Oil

Heavy Oil is an up and coming energy resource that is aggressively being sought out as the world's energy demand increases. As technology continues to improve, this once costly energy source is quickly becoming a more viable alternative. This section focuses solely on Heavy Oil, what it is, where it's found, and the technologies that make it acquisition possible.

China:  Far East Measures In As Heavy Oil Hotspot
After spending considerable time investing in Canadian and Venezuelan heavy oil ventures, China is looking to its own oil fields as a next source of production. To date, heavy oil has been discovered in 70 oil fields throughout 12 basins. All of these sources have remained largely unexploited.
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Heavy Oil Articles

Heavy Oil:  Catching the Wild Beast
Getty's formula has worked for American oil enthusiasts, yet oil is becoming increasingly difficult to find -- let alone recover. Among other concerns, peak oil theories and geopolitical agitations in OPEC nations have left operators scrambling to find inexpensive, more efficient methods of recovering nonconventional hydrocarbons, like heavy oil, that will satisfy the world’s demand for petroleum into the next century.
Heavy Oil Recovery - The Road Ahead
When analysts try to estimate the world’s remaining oil reserves, one of the largest variables is heavy oil. The question is not how much is in the ground, but how much of it can be recovered. For Canada’s heavy oil operators - those who could make Canada the world’s fifth-largest producer by 2015 - the answer depends on the efficiency of their recovery plans. If heavy oil is in your portfolio, here are some points to consider.
Heating up the Job Market
Whether or not conventional oil has a "peak," the world’s heavy oil reserves have only just been tapped. In fact, some experts estimate that heavy oil represents more than half of the globe’s known reserves - and those are just the known resources. Many heavy oil deposits remain unexplored.
Flow Control in Heavy Oil
A great number of heavy oil wells rely on horizontal completions and are thus prone to the flow control challenges inherent to this type of completion such as the "heel-to-toe" effect from friction loss along the wellbore, as well as pressure, fluid mobility and permeability contrasts in the producing section. There is a natural tendency to have much higher production at the heel (near the vertical part of well) than the toe (at the end of the well).
Heavier Crude Feedstocks:  Gaining Respect
Long regarded as virtual pariahs among crude oil feedstocks, heavier slates of crude are increasingly proving their worth at oil processing facilities worldwide. Cheaper to buy but costlier to refine, heavy oils have often taken the proverbial back seat to more expensive but easier-to-process light- and medium-gravity crudes. Now, heavier crudes are getting their due.
Unconventional Oil Update 2008 - Heavy Oil and Tars Sands Potential

This article in the four part series discusses the increased activity in heavy oil and tars sands with increased oil prices © Hart Energy Publishing, LP.

China
China has one of the world's most voracious appetites for oil. Its rapidly growing demand is so strong, in fact, that it has pushed the country to develop all the limited oil resources it has available--even heavy oil reserves in hard-to-reach locations.
Madagascar: Heavy Oil Promises a Bright Future for this Island Country
Soon, the world’s fourth-largest island may be known more for heavy oil than it is known for the ring-tailed lemur. Experts estimate that half of the island is covered by the heavy oil-rich sedimentary basins of Morondava, Majunga and Ambilobe.
Brazil
Brazil is set to achieve energy self-sufficiency this year, thanks in large part to its production of heavy oil. Most of its crude oil production is offshore in the Campos, Espírito Santo, and Santos basins in deep and ultra-deep waters.
Heavy Oil Planning
Until recently, many producers thought commercial quantities of heavy oil were unique to a handful of large fields in Canada, Venezuela and the United States. Now that market conditions have changed, prospects are quickly opening up around the world.
Heavy Oil Fluid Characterization
Success with heavy oil depends as much on understanding the fluid properties of the reservoir as it does on knowing the geology of the reservoir itself. The reason is that the chemical differences between heavy oil and conventional oil ultimately affect their viscosity.
Why Heavy Oil
Because the challenging, yet almost entirely untapped, deposits of heavy oil hold some of the largest reserves of hydrocarbons in the world. According to Bill Bush of the API, "Heavy oils, oil sands, and potentially shale, could contribute substantially to future U.S. and world oil supplies."
Russia
For decades, Russia has been a major player on the global energy scene. At times, the vast country has even bested Saudi Arabia as the world's top oil producer. Throughout history, the country has relied on its largely mature supply of conventional oil.
Where is Heavy Oil
Heavy oils are found around the world, with an estimated 69 percent of the world's technically recoverable heavy oil and 82 percent of the technically recoverable natural bitumen located in the Western Hemisphere.
Husky Steams Ahead with Tucker Project
Husky Energy, a fixture in Canada’s oil and gas industry for 60 yrs with extensive experience in heavy oil production, recently completed construction of its first-ever oil sands project.
Heavy Oil Production
Because heavy oil is so viscous, conventional methods, such as vertical wells, pumps, and pressure maintenance, are inefficient at extracting the oil. So, new technologies are being used to recover heavy oil including: cold heavy oil production with sand (CHOPS), vapor extraction (VAPEX), and thermal in situ methods.
Venezuela
Home to the world's largest single accumulation of heavy and extra-heavy oil, Venezuela boasts an estimated 1.2 trillion barrels of oil in place. Approximately 270 billion of those barrels could be recovered and produced from the Orinoco Heavy Oil Belt.
Heavy Oil
Heavy oil is thick crude oil that is viscous and has a low API gravity, making it difficult to produce using conventional methods.
Alberta
Used in previous centuries for various tasks, the bitumen found in Alberta's Athabasca Oil Sands may serve another purpose: securing Canada's role as an important oil producer with nearly 500 billion barrels of potential oil.

HeavyOilinfo.com

The upstream heavy oil information and discussion forum
Heavy Oil Stats
Heavy Oil Reserves by Region
  Heavy Oil Bitumen
North America 35.3 530.9
South America 265.7 0.1
Africa 7.2 43
Middle East 78.2 0.0
Asia 29.6 42.8
Russia 13.4 33.7
Western Hemi 301 531
Eastern Hemi 128.4 119.5
Worldwide 429.4 650.5
source: U.S. Geological Survey
Heavy Oil Releated Job Opportunities
Quality Assurance (QA) Specialist - Mechanical
Fort McMurray, AB | Posted on September 16, 2014
Construction Coordinator
Fort McMurray, Alberta | Posted on October 20, 2014
Field Engineer
| Posted on October 09, 2014
Plant Operator - SAGD and CSS - Primrose and Wolf Lake
Bonnyville, Alberta | Posted on October 20, 2014
Engineering Technician Job
Houston | Posted on October 31, 2014
VP Operations & Project Manager
Bakersfield | Posted on October 08, 2014
Operation Manager-Drilling
Calgary, Alberta | Posted on October 28, 2014
Senior Production Technologist
London | Posted on October 16, 2014
Site Surplus Disposal Contact
Fort McMurray Area- Kearl Site | Posted on October 14, 2014
Freight Trader
Madrid | Posted on October 23, 2014
Find more Heavy Oil jobs in the downstream sector at
Recent Headlines on Heavy Oil
EU Policy Makers Propose Scrapping Mandatory Tar Sands Label
10/7/2014 - Canada :: The European Commission proposes to scrap a mandatory requirement to labour tar sands as highly-polluting, which could enable Canada to ship crude from tar sands to Europe.
Statoil Calls Off 40,000-Bpd Canadian Oil Sand Development
9/25/2014 - Canada :: Statoil postpones plans to develop its Corner field oil sands project in Alberta, Canada, the firm says.
Athabasca Raises Capital Budget, Says CEO To Retire
9/8/2014 - Canada :: Athabasca Oil increases its capital budget for the year and said its chief executive of seven years would retire Sept. 30.
Conoco Plans 4-5 Week Turnaround At Surmont Oil Sands In 3Q
8/11/2014 - Canada :: Production at ConocoPhillips' Surmont oil sands project will shut down during a four to five week turnaround, with 30,000 barrels per day going offline, a company spokeswoman says.
Canadian Natural Resources Lowers 2014 Oil Production Guidance
8/7/2014 - Canada :: Canadian Natural Resources lowers its 2014 oil production guidance as a result of issues at its Kirby South and Primrose oil sands projects in northern Alberta.