JACOS

Japan Canada Oil Sands Limited
Corporation
Industry Oil and gas industry
Founded 1978
Headquarters Calgary, Canada
Area served
 Athabasca
Key people
 Toshiyuki (Toshi) Hirata, President
Products Heavy crude oil
bitumen
Parent JAPEX (Japan Petroleum Exploration Company Limited)
Website www.jacos.com

Japan Canada Oil Sands Limited (JACOS) is an oil sands extraction company. It is the operator of the Hangingstone oil sands project. JACOS is a subsidiary of JAPEX (Japan Petroleum Exploration Company Limited).

History

JACOS started oil sands activities in the Athabasca area in 1978 on leases held by Petro-Canada, Canadian Occidental (Nexen) and Imperial Oil to form the PCEJ group.[1] It was the first Asian-owned oil company to exploit the Athabasca oil sands.[2] JACOS and its partners experimented with a cyclic steam stimulation (CSS) pilot project on the Hangingstone Lease from 1984 to 1994.[3]

In 1992, JACOS parent company JAPEX participated in the Alberta Oil Sands Technology and Research Authority (AOSTRA) steam-assisted gravity drainage (SAGD) pilot experiments at the underground test facility (UTF) site.[4] With the positive results from the UTF project, JACOS decided to further pursue SAGD technology at the Hangingstone site. A 3-phase demonstration project was designed and constructed with the first phase becoming operational in 1999.[2]

Operations

The JACOS Hangingstone SAGD facilities are located on Lease OSL70, approximately 50 kilometres (31 mi) southwest of Fort McMurray and 25 kilometres (16 mi) west of the community of Anzac.

See also

References

  1. ↑ "Long focus brings good yield for JACOS!". Alberta Chamber of Resources. Archived from the original on August 11, 2007. Retrieved 2008-03-15.
  2. 1 2 "Company plans more than 100 oilsands wells". The Vancouver Sun. 2007-04-13. Retrieved 2008-03-15.
  3. ↑ "Japan Canada Oil Sands Ltd. Hangingstone demo project 2005" (PDF). Energy resources conservation board. 2006-03-07. Retrieved 2008-03-13.
  4. ↑ Wayne Patton; Ian Gates; Tom Harding; Mark Lowey; Ron Schlenker (November 2006). "Steam Assisted Gravity Drainage (SAGD): A Unique Alberta Success Story with Implications for Future Investment in Energy Innovation. Paper No. 20 of the Alberta Energy Futures Project" (PDF). Institute for Sustainable Energy, Environment and Economy (ISEEE). Retrieved 2008-03-15.
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