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The
Alberta Oil Industry
For over
50 years the driving force in Alberta’s economy has been the
oil and gas industry, giving the province thousands of jobs
in exploration, production, transportation, distribution,
refining, and has contributed over $3.7 billion in direct
royalty payments to the Alberta Government in less then
three years (2003 - 2006).
Even though Alberta’s conventional oil sector has been
around for over 50 years the province has created a large
infrastructure that is dedicated to the continued growth of
the conventional oil sector through exploration, drilling,
and transporting as well as creating new technologies that
would assist Alberta’s oil industry. Between the years 2000
and 2005 private industry has invested more the $100 billion
in the provinces conventional oil and gas industries with
hopes of growing the business well into the next 50 years.
The majority of the crude oil that is produced in Alberta is
exported to other countries.
Along with the conventional oil and gas industry Alberta
also has an enormous oil resource in its oil sands. The oil
sands reserves are the second largest oil reserves in the
world, second to Saudi Arabia. Time magazine has said
Alberta’s Oil Sands could satisfy the world’s oil demands
for the next century.
What exactly are the Oil Sands? Alberta’s Oil Sands are
deposits of bitumen, hard oil that will not flow unless it
is heated or thinned with lighter hydrocarbons. The Oil Sand
deposits are primarily located in three areas in north
eastern Alberta and are believed to be much larger then the
state of Florida.
In 2005 the Alberta Oil Sands produced approximately 58% of
Alberta’s oil and about 40% of all crude oil produced in
Canada.
The Alberta Oil Sands industry is growing at a steady rate;
it is currently producing about 966,000 barrels or oil per
day and is estimated to grow to around 3 million barrels per
day by the year 2020 and 5 million barrels per day by 2030.
So as you can see the Alberta oil industry is definitely in
it’s infancy with plenty of great money making years to
come.
Other
Alberta Oil Jobs Free Articles
The Drilling Industry
In this
guide we will discuss the drilling industry in Alberta, what
it is, employment opportunities, and everything else you may
want to know about Alberta’s drilling rigs.
Basic Requirements for a Job
in Alberta’s Oil Field
This
guide outlines the basic requirements you should have before
looking for work in the Alberta oil field and what employers
are looking for when hiring new employees.
Alberta’s Oil Field Safety
Courses
In this
guide we will introduce you to several safety courses that
will help you get a job in Alberta’s oil field.
All about Drilling Rigs
Have you
ever wondered what it would be like to work on a drilling
rig in Alberta? If so, this guide is for you. We will go
over everything you could ever want to know about drilling
rigs such as working conditions, working locations, safety,
and the makeup of a drilling rig crew.
A Day in the life of a
Service Rig Roughneck
In this
guide we talk about the life of a roughneck on a service
rig, what your life will be like, the pay, your job duties,
and what to expect while working in the Alberta oil fields.
Job Profile: Well Tester
In this
guide we look at the job of a well tester, what well testers
do, their salary, and what you need in order to become a
well tester.
Job Profile: Service Rig
Roughneck
In this
guide we meet Shawn, a roughneck on a service rig operated
by Great Plains Well Servicing in Brooks Alberta and learn
first hand about what a roughneck’s life and job are like.
Job Profile: Drilling Rig Leasehand
In this
Job Profile we look at job of a drilling rig leasehand, what
their job entails, a leasehand’s salary expectations, and
everything you may want to know about being a leasehand on a
drilling rig. |
