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Canadian Natural Resources Limited
Canadian Natural Resources Limited, or CNRL or Canadian Natural is a senior Canadian oil and natural gas company that operates primarily in the Western Canadian provinces of British Columbia, Alberta, Saskatchewan, and Manitoba, with offshore operations in the United Kingdom sector of the North Sea, and offshore Côte d'Ivoire and Gabon. The company, which is headquartered in Calgary, Alberta, has the largest undeveloped base in the Western Canadian Sedimentary Basin. It is the largest independent producer of natural gas in Western Canada and the largest producer of heavy crude oil in Canada. In the 2020 Forbes Global 2000, Canadian Natural Resources was ranked as the 306th-largest public company in the world. Overview CBC described CNRL as a "Calgary-based oil and gas giant." CNRL owns and operates Horizon Oil Sands and the Athabasca Oil Sands Project (AOSP) which are about 70 km north of Fort McMurray, Alberta in the Athabasca region. According to a May 13, 2021, Forbes re ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Natural Gas
Natural gas (also fossil gas, methane gas, and gas) is a naturally occurring compound of gaseous hydrocarbons, primarily methane (95%), small amounts of higher alkanes, and traces of carbon dioxide and nitrogen, hydrogen sulfide and helium. Methane is a colorless and odorless gas, and, after carbon dioxide, is the second-greatest greenhouse gas that contributes to global climate change. Because natural gas is odorless, a commercial odorizer, such as Methanethiol (mercaptan brand), that smells of hydrogen sulfide (rotten eggs) is added to the gas for the ready detection of gas leaks. Natural gas is a fossil fuel that is formed when layers of organic matter (primarily marine microorganisms) are thermally decomposed under oxygen-free conditions, subjected to intense heat and pressure underground over millions of years. The energy that the decayed organisms originally obtained from the sun via photosynthesis is stored as chemical energy within the molecules of methane and other ...
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Alberta
Alberta is a Provinces and territories of Canada, province in Canada. It is a part of Western Canada and is one of the three Canadian Prairies, prairie provinces. Alberta is bordered by British Columbia to its west, Saskatchewan to its east, the Northwest Territories to its north, and the U.S. state of Montana to its south. Alberta and Saskatchewan are the only two landlocked Canadian provinces. The eastern part of the province is occupied by the Great Plains, while the western part borders the Rocky Mountains. The province has a predominantly humid continental climate, continental climate, but seasonal temperatures tend to swing rapidly because it is so arid. Those swings are less pronounced in western Alberta because of its occasional Chinook winds. Alberta is the fourth largest province by area, at , and the fourth most populous, with 4,262,635 residents. Alberta's capital is Edmonton; its largest city is Calgary. The two cities are Alberta's largest Census geographic units ...
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Northern Alberta
Northern Alberta is a geographic region located in the Canadian province of Alberta. An informally defined cultural region, the boundaries of Northern Alberta are not fixed. Under some schemes, the region encompasses everything north of the centre of the Calgary–Edmonton Corridor, including most of the province's landmass as well as its capital, Edmonton. Other schemes place Edmonton and its surrounding farmland in Central Alberta, limiting Northern Alberta to the northern half of the province, where forestry, oil, and gas are the dominant industries. Its primary industry is oil and gas, with large heavy oil reserves being exploited at the Athabasca oil sands and Wabasca area in the east of the region. Natural gas is extracted in Peace region and Chinchaga- Rainbow areas in the west, and forestry and logging are also developed in the boreal forests of this region. As of 2023, the region had a population of approximately 374,572. Geography Various definitions exist of ...
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Synthetic Crude
Synthetic crude is the output from a bitumen/extra heavy oil upgrader facility used in connection with oil sand production. It may also refer to shale oil, an output from an oil shale pyrolysis. The properties of the synthetic crude depend on the processes used in the upgrading. Typically, it is low in sulfur and has an API gravity of around 30. It is also known as "upgraded crude". Synthetic crude is an intermediate product produced when an extra-heavy or unconventional oil source is upgraded into a transportable form. Synthetic crude is then shipped to oil refineries where it is refined into finished products. Synthetic crude may also be mixed, as a diluent, with heavy oil to create synbit. Synbit is more viscous than synthetic crude, but can also be a less expensive alternative for transporting heavy oil to a conventional refinery. Syncrude Canada, Suncor Energy Inc., and Canadian Natural Resources Limited are the three largest worldwide producers of synthetic crude with a ...
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Natural Gas Liquids
Natural-gas condensate, also called natural gas liquids, is a low-density mixture of hydrocarbon liquids that are present as gaseous components in the raw natural gas produced from many natural gas fields. Some gas species within the raw natural gas will condense to a liquid state if the temperature is reduced to below the hydrocarbon dew point temperature at a set pressure. The natural gas condensate is also called condensate, or gas condensate, or sometimes natural gasoline because it contains hydrocarbons within the gasoline boiling range, and is also referred to by the shortened name condy by many workers on gas installations. Raw natural gas used to create condensate may come from any type of gas well such as: * Crude oil wells: Natural gas that comes from crude oil wells is typically called ''associated gas''. This gas could exist as a separate gas cap above the crude oil in the underground reservoir or could be dissolved in the crude oil, ultimately coming out of solut ...
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Petroleum
Petroleum, also known as crude oil or simply oil, is a naturally occurring, yellowish-black liquid chemical mixture found in geological formations, consisting mainly of hydrocarbons. The term ''petroleum'' refers both to naturally occurring unprocessed crude oil, as well as to petroleum products that consist of refining, refined crude oil. Petroleum is a fossil fuel formed over millions of years from anaerobic decay of organic materials from buried prehistoric life, prehistoric organisms, particularly planktons and algae, and 70% of the world's oil deposits were formed during the Mesozoic. Conventional reserves of petroleum are primarily recovered by oil drilling, drilling, which is done after a study of the relevant structural geology, sedimentary basin analysis, analysis of the sedimentary basin, and reservoir characterization, characterization of the petroleum reservoir. There are also unconventional (oil & gas) reservoir, unconventional reserves such as oil sands and oil sh ...
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Cogeneration
Cogeneration or combined heat and power (CHP) is the use of a heat engine or power station to generate electricity and useful heat at the same time. Cogeneration is a more efficient use of fuel or heat, because otherwise- wasted heat from electricity generation is put to some productive use. Combined heat and power (CHP) plants recover otherwise wasted thermal energy for heating. This is also called combined heat and power district heating. Small CHP plants are an example of decentralized energy. By-product heat at moderate temperatures ( can also be used in absorption refrigerators for cooling. The supply of high-temperature heat first drives a gas or steam turbine-powered generator. The resulting low-temperature waste heat is then used for water or space heating. At smaller scales (typically below 1 MW), a gas engine or diesel engine may be used. Cogeneration is also common with geothermal power plants as they often produce relatively low grade heat. Binary cycle ...
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Synthetic Crude
Synthetic crude is the output from a bitumen/extra heavy oil upgrader facility used in connection with oil sand production. It may also refer to shale oil, an output from an oil shale pyrolysis. The properties of the synthetic crude depend on the processes used in the upgrading. Typically, it is low in sulfur and has an API gravity of around 30. It is also known as "upgraded crude". Synthetic crude is an intermediate product produced when an extra-heavy or unconventional oil source is upgraded into a transportable form. Synthetic crude is then shipped to oil refineries where it is refined into finished products. Synthetic crude may also be mixed, as a diluent, with heavy oil to create synbit. Synbit is more viscous than synthetic crude, but can also be a less expensive alternative for transporting heavy oil to a conventional refinery. Syncrude Canada, Suncor Energy Inc., and Canadian Natural Resources Limited are the three largest worldwide producers of synthetic crude with a ...
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Fort McMurray, Alberta
Fort McMurray ( ) is an urban service area in the Regional Municipality of Wood Buffalo in Alberta, Canada. It is located in northeast Alberta, in the middle of the Athabasca oil sands, surrounded by boreal forest. It has played a significant role in the development of the national petroleum industry. The 2016 Fort McMurray wildfire led to the evacuation of its residents and caused widespread damage. Formerly a city, Fort McMurray became an urban service area when it amalgamated with Improvement District No. 143 on April 1, 1995, to create the Municipality of Wood Buffalo (renamed the RM of Wood Buffalo on August 14, 1996). Despite its current official designation of urban service area, many locals, politicians and the media still refer to Fort McMurray as a city. Fort McMurray was known simply as McMurray between 1947 and 1962. History Before the arrival of Europeans in the late 18th century, the Cree were the dominant First Nations people in the Fort McMurray area. T ...
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Athabasca Oil Sands Project
Albian Sands Energy Inc. is a mining company which operates the Muskeg River Mine and Jack Pine Mine, an oil sands mining project located north of Fort McMurray, Alberta, Canada. It is a joint venture between Shell Canada (10%), CNRL (70%) and Chevron Canada (20%). The company's legal headquarters are located in the Shell Centre in Calgary, Alberta. Albian Sands got its name from the Albian Boreal Sea, which during the Albian age of the Cretaceous (over 100 million years ago), moved over the McMurray sands and deposited a blanket of marine shale on its floor which trapped the hydrocarbons of the McMurray Formation. The oil sands resources of the Muskeg River Mine are a legacy of the Albian Sea. At full production, Albian Sands can produce of crude bitumen, a naturally occurring semi-solid form of crude oil. The mine product, diluted bitumen or '' dilbit'', is sent to be upgraded at the Scotford Upgrader in Fort Saskatchewan. The Muskeg River Mine stands on a Shell Canad ...
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Horizon Oil Sands
Horizon Oil Sands is an oil sands mining and upgrading project in Bitumount, Alberta, Canada. The project includes a surface oil sands mining and bitumen extraction plant, complemented by on-site bitumen upgrading with associated infrastructure. Initial examination of the Horizon project began in 2004. Construction started in 2005 and it started operating on February 28, 2009. Horizon is owned and operated by Canadian Natural Resources. The company holds leases that are estimated to contain approximately of bitumen initially in place (BIIP), with best estimate contingent resources other than reserves of of bitumen and of proved and probablereserves. The Horizon Oil Sands are located on these leases just north of Fort McMurray Fort McMurray ( ) is an urban service area in the Regional Municipality of Wood Buffalo in Alberta, Canada. It is located in northeast Alberta, in the middle of the Athabasca oil sands, surrounded by boreal forest. It has played a significa ... ...
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