•There are 173 billion barrels of oil in the oil sands proven to be recoverable with today’s technology.
•Oil sands are contained in three major areas of northeastern Alberta beneath about 140,000 square kilometres, with approximately 500 square kilometres of land disturbed by oil sands surface mining activity.
•Approximately 80 per cent of recoverable oil sands is through in-situ production, with less than 20 per cent recoverable by mining.
•In March 2008, the Alberta government issued its first reclamation certificate to Syncrude Canada Ltd. for the 104-hectare parcel of land known as Gateway Hill approximately 35 kilometres north of Fort McMurray
•There are 91 active oil sands projects in Alberta. Of these, five are mining projects; the remaining projects use various in-situ (in place) recovery methods.
•In 2007, Alberta exported about 1.34 million barrels per day of crude oil to the U.S., supplying 13 per cent of their crude oil import.
•Every dollar invested in the oil sands creates about $9 worth of economic activity; with one-third of that economic value generated outside Alberta - in Canada, the U.S. and around the world.
•One in 13 jobs in Alberta is directly related to energy.
•Oil sands make up about five per cent of Canada’s overall greenhouse gas emissions and less than one-tenth of one per cent of the world’s emissions.
•A $2 billion investment to advance steel-in-the-ground carbon capture and storage (CCS) projects is expected to reduce emissions by five million tonnes in annual reductions by 2015. That's the equivalent of taking one million vehicles, or one third of all registered vehicles, off of Alberta roads.
•The Government of Alberta and private industry have each invested more than $1 billion in oil sands research. Combined efforts will continue to bring science solutions that reduce the environmental footprint of oil sands development and increase economic recoveries.
Tar sands