Lecture 3: Overview of in-situ SAGD assets: CNRL, MEG Energy, Cenovus, Suncor, Athabasca

Overview of the various assets in Alberta and Saskatchewan to better understand geographically what's taking place, study of the CPF and connections to pads, review of some of the surface facilities connections and development strategies.

[@Ceasariscoming1776]

SOR question: 2:1 is a current rate correct? Is there any monitoring of a cumulative SOR? Maybe this is a dumb thought, but if you’re circulating the steam and recycling that water back down hole after reheating, eventually some of those water molecules are going to do multiple trips. So if you had a closed system (which we don’t have) over time the same water/steam would get reused, causing the SOR on a cumulative basis to fall.
Most of the energy is going to be used to keep that steam hot, so reusing the H2O molecules wouldn’t have much of a Financial or GHG impact, but needing to “refill the system” with less new water over time would make the water intensity lower. Water intensity is a big deal in other asset types (like Permian unconventional).
So I guess I’m just wondering if there’s other ways to think about the SOR from an environmental perspective that could shed light on what assets are having the least cumulative environmental impact (besides the sole focus of GHG in recent years)
Great stuff!