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Cenovus
Cenovus Energy Inc. (pronounced se-nō-vus) is an integrated oil and natural gas company headquartered in Calgary, Alberta. Cenovus was formed in 2009 when Encana Corporation split into two distinct companies, with Cenovus becoming focused on oil sands assets. In 2017, Cenovus purchased ConocoPhillips' 50 percent share of their Foster Creek Christina Lake (FCCL) oil sands projects and most of their conventional assets in Alberta and British Columbia, including the Deep Basin. Cenovus completed the acquisition of Husky Energy for C$3.9 billion in stock in January 2021. The combined company is Canada’s third-largest crude oil and natural gas producer and the second-largest Canadian-based refiner and upgrader. Cenovus is headquartered in Calgary's Brookfield Place, having completed a move from the neighbouring Bow in 2019. Operations Oil sands Cenovus has four producing projects in the oil sands – Foster Creek, Christina Lake (Alberta), Sunrise (jointly owned with BP Cana ...
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Wood River Refinery
The Wood River Refinery is an oil refinery located in Roxana, Illinois, approximately north of St. Louis, Missouri, on the east side of the Mississippi River. The refinery is currently owned by Phillips 66 and Cenovus Energy and operated by the joint-venture company WRB Refining, LLC (WRB). WRB was formed on 1 July 2007, with Encana taking a 49% interest in Wood River and also Phillips 66's Borger refinery. Encana subsequently spun off oil sands producer Cenovus and ConocoPhillips spun off Phillips 66. In return for a 49% stake in the refinery, ConocoPhillips gained a joint interest in two Alberta oil sands (bitumen) heavy oil projects: Christina Lake (Alberta) and Foster Creek. ConocoPhillips’ interest was sold to Cenovus in May 2017, leaving Cenovus the sole owner and operator of the assets. Cenovus uses SAGD ( steam-assisted gravity drainage) technology at those sites. The complex is capable of refining of crude oil per day and is the largest refinery operated by Philli ...
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Husky Energy
Husky Energy Inc. is a company engaged in hydrocarbon exploration, headquartered in Calgary, Alberta, Canada. It operates in Western and Atlantic Canada, the United States and the Asia Pacific region, with upstream and downstream business segments. In the 2020 Forbes Global 2000, Husky Energy was ranked as the 1443rd-largest public company in the world. In 2020, the company agreed to be acquired by Cenovus Energy. The deal closed in January 2021 and Husky became a subsidiary of Cenovus. History Husky Energy was founded in 1938 in Cody, Wyoming as the Husky Refining Company, with the acquisition by Glenn Nielsen of assets of the 4-year-old Park Refining Company from founder Valentine Monroe Kirk. The first refinery was in Cody, with a second constructed later in Riverton, Wyoming. In 1946, the Company relocated to Canada, with the Riverton refinery moved to Lloydminster, Alberta to take advantage of the expanding asphalt and heavy oil opportunities in the area. A wholly-ow ...
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Steam-assisted Gravity Drainage
Steam-assisted gravity drainage (SAGD; "Sag-D") is an enhanced oil recovery technology for producing heavy crude oil and bitumen. It is an advanced form of steam stimulation in which a pair of horizontal wells is drilled into the oil reservoir, one a few metres above the other. High pressure steam is continuously injected into the upper wellbore to heat the oil and reduce its viscosity, causing the heated oil to drain into the lower wellbore, where it is pumped out. Dr. Roger Butler, engineer at Imperial Oil from 1955 to 1982, invented the steam assisted gravity drainage (SAGD) process in the 1970s. Butler "developed the concept of using horizontal pairs of wells and injected steam to develop certain deposits of bitumen considered too deep for mining". In 1983 Butler became director of technical programs for the Alberta Oil Sands Technology and Research Authority (AOSTRA), a crown corporation created by Alberta Premier Lougheed to promote new technologies for oil sands and heavy ...
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Encana Corporation
Ovintiv Inc. is a hydrocarbon exploration and production company organized in Delaware and headquartered in Denver, United States. It was founded and headquartered in Calgary, Alberta, under its previous name Encana. It was the largest energy company and largest natural gas producer in Canada, before moving to the United States in 2020. The company was rebranded as Ovintiv and relocated to Denver in 201920. Hydrocarbon production In 2021, the company's average production was per day, of which 26% was petroleum, 25% was natural gas liquids, and 49% was natural gas. Of 2021 production, 56% was in the United States and 44% was in Canada. History 1880s to 2002 - Canadian Pacific and PanCanadian years When the Canadian Pacific Railway was formed, the government of Sir John A. Macdonald compensated it for assuming the risk of developing the railroad with the subsurface rights for a checkerboard pattern of most of Alberta and part of Saskatchewan. These rights were later spun off ...
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The Bow (skyscraper)
The Bow is a skyscraper in downtown Calgary, Alberta, Canada. The 236 metre (774 ft) building is currently the second tallest office tower in Calgary, since construction of Cenovus' Brookfield Place; and the third tallest in Canada outside Toronto. The Bow is also considered the start of redevelopment in Calgary's Downtown East Village. It was completed in 2012 and was ranked among the top 10 architectural projects in the world of that year according to ''Azure'' magazine. It was built for oil and gas company Encana, and was the headquarters of its successors Ovintiv and Cenovus. History Early plans EnCana Corporation (now Ovintiv), North America's second largest natural gas producer, announced plans for the high-rise in 2006. Early designs suggested that the project would consist of a complex of towers (perhaps two or more) over two blocks. The tallest of these towers could be 60 stories tall, which would make it taller than the current tallest tower in Western Cana ...
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Enhanced Oil Recovery
Enhanced oil recovery (abbreviated EOR), also called tertiary recovery, is the extraction of crude oil from an oil field that cannot be extracted otherwise. EOR can extract 30% to 60% or more of a reservoir's oil, compared to 20% to 40% using primary and secondary recovery. According to the US Department of Energy, carbon dioxide and water are injected along with one of three EOR techniques: thermal injection, gas injection, and chemical injection. More advanced, speculative EOR techniques are sometimes called quaternary recovery. Methods There are three primary techniques of EOR: gas injection, thermal injection, and chemical injection. Gas injection, which uses gases such as natural gas, nitrogen, or carbon dioxide (CO2), accounts for nearly 60 percent of EOR production in the United States. Thermal injection, which involves the introduction of heat, accounts for 40 percent of EOR production in the United States, with most of it occurring in California. Chemical injection, w ...
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Christina Lake (Alberta)
Christina Lake is an elongate lake in northern Alberta, Canada, located near Highway 881 east of Conklin, between Lac La Biche and Fort McMurray. Christina Lake and the Christina River are named to honour Christine Gordon, originally from Scotland, who was the first white woman to live permanently in the Fort McMurray area. Water and Watershed Christina Lake lies at an elevation of and has a total area of . It has a mean depth of , a maximum depth of , and a drainage area of . The lake has six permanent inlets and one permanent outlet, the Jackfish River at its western end. The Jackfish River flows before it empties into the Christina River, a tributary of the Clearwater River. The waters eventually reach the Arctic Ocean via the Athabasca and MacKenzie Rivers. Lake History Christina Lake and the Christina River were named to honour Christine Gordon, originally from Scotland, who was the first white woman to live permanently in the Fort McMurray area, where she remained u ...
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ConocoPhillips
ConocoPhillips Company is an American multinational corporation engaged in hydrocarbon exploration and production. It is based in the Energy Corridor district of Houston, Texas. The company has operations in 15 countries and has production in the United States (49% of 2019 production), Norway (10% of 2019 production), Canada (5% of 2019 production), Australia (12% of 2019 production), Indonesia (4% of 2019 production), Malaysia (4% of 2019 production), Libya (3% of 2019 production), China (3% of 2019 production), and Qatar (6% of 2019 production). The company's production in the United States included production in Alaska, the Eagle Ford Group, the Permian Basin, the Bakken Formation, the Gulf of Mexico and the Anadarko Basin. Approximately 1/3 of the company's U.S. production is in Alaska, where it has operations in the Cook Inlet Area, the Alpine oil field off the Colville River, and the Kuparuk oil field and Prudhoe Bay Oil Field on the Alaska North Slope. As of Decem ...
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S&P/TSX 60
The S&P/TSX 60 Index is a stock market index of 60 large companies listed on the Toronto Stock Exchange. Maintained by the Canadian S&P Index Committee, a unit of Standard & Poor's, it exposes the investor to nine industry sectors. Combined with the S&P/TSX Completion Index it forms the S&P/TSX Composite Index. The S&P/TSX 60 Index is designed to represent leading companies in leading industries. Its 60 stocks make it ideal for coverage of companies with large market capitalizations and a cost-efficient way to achieve Canadian equity exposure. The S&P/TSX 60 Index also represents the Canadian component of Standard & Poor's flagship S&P Global 1200. The S&P/TSX 60 Index was launched on December 30, 1998. Constituents As of October 12, 2022 the constituents were: Sector weights The weighting of the Global Industry Classification Standard (GICS) as of October 12, 2022 are: TSX 60-based funds The iShares S&P/TSX 60 Index Fund () and the Horizons S&P/TSX 60 Index ETF () are C ...
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Brookfield Place (Calgary)
Brookfield Place is a skyscraper located in downtown Calgary, Alberta, Canada. The complex is home to Brookfield Place East, a 56-storey office tower, which upon its completion in 2017, became the tallest building in Calgary, exceeding The Bow. The commercial complex between 1st and 2nd Streets and 6th and 7th Avenues SW in downtown Calgary, was originally imagined as a full-block development with a 56-storey East and 41-storey West office tower, the project has since been scaled back with groundbreaking indefinitely delayed for the West tower. Construction The Brookfield Place complex was designed by London and Toronto-based architecture firm Arney Fender Katsalidis. The delivery architect was Calgary based Dialog. The original name for the site was "225 Sixth", which was later changed to Brookfield Place. The design would feature a three-storey, 50,000 square foot transparent glass pavilion connected to the City's Plus 15 pedway system, a winter garden, and numerous sustain ...
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Axe Lake Aerodrome
Axe Lake Aerodrome is located near the Axe Lake oil sands discovery in north-west Saskatchewan, Canada. The aerodrome is located near the border with Alberta Alberta ( ) is one of the thirteen provinces and territories of Canada. It is part of Western Canada and is one of the three prairie provinces. Alberta is bordered by British Columbia to the west, Saskatchewan to the east, the Northwest T ..., just south of Vande Veen Lake. The nearest highway is Highway 955 to the east. A gravel road connects the airport to the highway. See also * List of airports in Saskatchewan References Registered aerodromes in Saskatchewan {{Saskatchewan-airport-stub ...
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Calgary
Calgary ( ) is the largest city in the western Canadian province of Alberta and the largest metro area of the three Prairie Provinces. As of 2021, the city proper had a population of 1,306,784 and a metropolitan population of 1,481,806, making it the third-largest city and fifth-largest metropolitan area in Canada. Calgary is situated at the confluence of the Bow River and the Elbow River in the south of the province, in the transitional area between the Rocky Mountain Foothills and the Canadian Prairies, about east of the front ranges of the Canadian Rockies, roughly south of the provincial capital of Edmonton and approximately north of the Canada–United States border. The city anchors the south end of the Statistics Canada-defined urban area, the Calgary–Edmonton Corridor. Calgary's economy includes activity in the energy, financial services, film and television, transportation and logistics, technology, manufacturing, aerospace, health and wellness, retail ...
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