Ramping Up Recovery – A Business Case for the Increased Recovery of Oil and Gas (Western Canadian Sedimentary Basin)
Abstract
This project represents an investment of over $1 million of direct funding and in-kind investment by the governments of Alberta, British Columbia and Saskatchewan, and the upstream oil and gas industry in Western Canada. It was prepared to provide a detailed business case for increasing recovery factors, and recoverable reserves, of conventional oil and gas, through research and technology development, transfer, demonstration and commercialization. The business case, in turn, is providing the basis for development of technology roadmaps that detail the paths toward increased recovery of conventional oil and conventional gas and inform decisions by industry, government and academia concerning research, development and demonstration investment.