Combined, Canada and the US produced about 17.5 million bbl/day of crude oil in 2023. Two-thirds of that oil came from unconventional deposits, like tight oil from shale and carbonate reservoirs in places like Texas and North Dakota, and the bitumen from the oil sands, mostly near Cold Lake and in the Athabasca area.
But what exactly is unconventional oil, and how is it extracted from the ground? In this video, we'll take a look at the two most common methods of unconventional oil extraction - hydraulic fracturing and steam-assisted gravity drainage (SAGD).
TIMESTAMPS
00:00 • Intro
00:34 • Unconventional Oil Defined
00:48 • Unconventional vs Conventional
01:23 • Eagle Ford vs Athabasca Oil Sands
03:50• Eagle Ford - Hydraulic Fracturing
04:34 • Athabasca Oil Sands - Steam-Assisted Gravity Drainage
05:32 • Unconventional Oil Production (Canada and USA)
WEB VERSION - UNCONVENTIONAL OIL EXPLAINED
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