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Steam Assisted Gravity Drainage Newsletter
  • MEG agrees to be taken over by oilsands neighbour MEG in $7.9B deal 22 Aug 2025 15:54 GMT

    … -and-stock takeover offer from oilsands neighbour Cenovus Energy Inc. worth … MEG have side-by-side oilsands properties at Christina Lake south … the top producers using the steam-assisted gravity drainage, or SAGD, method to extract …

  • Strathcona Resources aims to join oilsands ‘doppelgangers’ with MEG takeover bid 16 May 2025 17:01 GMT

    … to join two complementary oilsands players with its … businesses like some bigger oilsands players.  Earlier this week … to come from bigger oilsands players like Canadian … producer and fourth largest steam-assisted gravity drainage producer, with among the …

  • Canada 01 Sep 2025 13:44 GMT

    … and in situ mining and steam-assisted gravity drainage techniques. Crude oil output alone … from Alberta's Athabasca oil sands areas. Canada's production … , especially of oil sands, has been mainly restricted by …

  • Suncor’s ‘Rock Star’ Firebag Oil Sands Site Hits Output Record 22 Nov 2024 17:45 GMT

    … from Firebag, a so-called steam-assisted gravity drainage oil sands well site, where output rose … production when its Base Plant oil sands mine’s life is projected … -operated sites Data excludes oil sands mines, but includes oil sands well sites, and …

  • Is Cenovus Energy Stock a Buy? 31 Aug 2025 16:40 GMT

    … integrated energy company that develops oil sands, refines petroleum products, and … operates across multiple segments, including oil sands, conventional, offshore, and both … deal combines two leading SAGD (steam-assisted gravity drainage) operators, with MEG’s …

  • CNOOC Starts Production at Long Lake Oil Sands Project in Canada 12 Nov 2024 08:27 GMT

    … It will be developed with steam-assisted gravity drainage operation and 8 well … in the Long Lake oil sands, south of Fort McMurray … interest in the Syncrude oil sands project, which contributed around … stake in the Hangingstone oil sands project. CNOOC Ltd. …

  • Canadian Oil Sands Producers Invest in Operations 12 Jul 2024 16:16 GMT

    … Energy, was the first commercial steam-assisted gravity drainage (SAGD) facility in the Athabasca … processing and increases amount of oilsands moved per minute, in turn … water from suspended solids. All oil sands mining operations produce tailings consisting …

  • Canada Growth Fund Invests in Strathcona's Oil Sands Carbon Capture Initiatives 11 Jul 2024 16:18 GMT

    … capture projects at its oil sands assets with the public investment … infrastructure on Strathcona’s steam-assisted gravity drainage (SAGD) oil sands facilities across Saskatchewan and … Strathcona said that its oil sands operations at Lloydminster and Cold …

  • Is Cenovus Energy Stock a Buy Now? 25 Aug 2025 23:51 GMT

    … position as Canada’s top steam-assisted gravity drainage (SAGD) producer. The deal not … per day of high-quality oil sands production but also promises more … competitive player in the Canadian oil sands. So, if you’re looking …

  • Cenovus Makes $5.6 Billion Move To Consolidate Canadian Heavy Oil 25 Aug 2025 18:39 GMT

    … /D from the Athabasca oil sands to Cenovus’ portfolio, lifting pro … ,000 B/D from steam-assisted gravity drainage (SAGD) projects and further extending … -life portfolio of low-cost oil sands assets,” CEO Jon McKenzie said …

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