THE OIL SANDS BY THE NUMBERS |
There will be 35,000 jobs in the oil sands in 2021, up 73 per cent from 2011.
Technology will remain a game-changer in oil sands production.
As a result of widespread use of in situ extraction technologies, in situ production will overtake mining production after 2015.
BY THE NUMBERS
$17.2 billion | Capital spending on in situ mining and upgrading |
$3.7 billion | Royalty payments to the province of Alberta |
135 million | Barrels of in situ bitumen reserves |
1.46 million | Barrels of oil a day of both mining and bitumen |
1.19 | Barrels a day of upgrader capacity |
$36.7 billion | Industry revenue |
Source: Canadian Association of Petroleum Producers – statistics for 2010
