The feds are looking for research projects on CCUS, and the PTRC has a lot they can offer
Federal Minister of Natural Resources Jonathan Wilkinson announced on Jan. 25 an intake for “expressions of interest for carbon capture, utilization and storage (CCUS) research, development and demonstration (RD&D) projects and related science activities focused on carbon storage and transportation”
The Regina-based Petroleum Technology Research Centre (PTRC) has been heavily involved with such research for over 20 years. This includes the original research done on the Weyburn and Midale carbon dioxide-enhanced oil recovery projects that is now concluded, and ongoing work at the Aquistore project, part of SaskPower’s Boundary Dam Unit 3 Integrated Carbon Capture and Storage Project.
Natural Resources Minister Jonathan Wilkinson announces intake for CCUS projects
On Wednesday, Jan. 25, Minister of Natural Resources Jonathan Wilkinson made a significant announcement on the carbon capture, utilization and storage front, calling for expressions of interest for research, development and demonstration projects.
Oilsands execs say they can’t invest in decarbonization any faster, despite profits
Oilsands executives insist they are all in on cutting emissions and will make big investments in green technology, but they maintain there isn’t a place to invest that money yet.
Many companies are coming off a year of windfall profits not because they pumped out more product, but because the war in Ukraine and global supply chain crunches pushed world oil prices way up.
Carbon capture, utilization and storage summit added to Williston Basin Petroleum Conference
REGINA – This spring’s Williston Basin Petroleum Conference has a new addition, with the Saskatchewan CCUS Summit. It comes at a time when interest is gathering steam.
CCUS stands for carbon capture, utilization and storage, and after literal decades of being implemented in Saskatchewan via the Weyburn and Midale Units, as well as Aquistore, the rest of the world is waking up to its promise.
ROK Resources closes southeast Saskatchewan deal, provides guidance for first half
On Jan. 24, ROK Resources of Regina announced that they had closed on land swap deal that had been announced on Dec. 19, 2022.
That announcement on Dec. 19 indicated that they were doing both an acquisition and a disposition with another company. In what is largely a land swap, they were acquiring 1,400 boepd production (69 per cent liquids) in southeast Saskatchewan, but selling 475 boepd (100 per cent liquids) of mostly non-operated properties in southwest Saskatchewan to the same company they were buying land from in the southeast. ROK was paying $26.5 million to the other party as part of the deal.
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