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The In Situ Opportunity

Less than 2 percent of the in situ established reserves are currently under active development.

About one-quarter of Alberta’s mineable established oil sands reserves are under active development, with a number of projects in varying stages of expansion, construction, regulatory application or planning and design. Mining opportunities have become much more difficult to find and develop due to the industry’s historical focus on near-surface deposits, the large concentrated reserve base, ultimate project scale and the high capital cost of developing mining projects.

Less than 2 percent of the in situ established reserves are currently under active development, with over 82 percent of cumulative in situ production from the Cold Lake area. This leaves a tremendous untapped potential for future in situ projects in the Athabasca and Peace River regions.

Laricina Live

Learn more about Laricina’s oil sands innovations, including initiatives in the carbonate formation, use of core imaging tools, and solvent-assisted process development.

Photo Gallery

See what's going on at Laricina's SAGD operations and who's making it happen. Click to view our Photo Gallery.

Operations

Laricina's land base encompasses the Grosmont, Grand Rapids, Winterburn and McMurray formations and include five development areas – Germain, Saleski, Burnt Lakes, Poplar Creek and Conn Creek.
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Technology & Innovation

Laricina is able to advance new and innovative in situ recovery technologies through a combination of lab-based research, advanced simulation modelling and in-field testing.
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