Talent from across the Globe that’s uniquely American

To compete in today’s intensely competitive global economy, finding and retaining talent is a fundamental requirement to ensure success.  Companies need to seek out talent from all corners of the world.  Education is critically important – as is direct hands-on experience.  Talented people are everywhere.   Diverse thinking and distinct approaches create breakthroughs and game-changing technologies.  The challenge is to recruit them and retain them.

People are what make Victory Energy successful.  You can’t make the best boilers without the best people.  The company is a uniquely American success story.  Started with the founder’s vision and passion to make great industrial boilers right here in American with great people that shared in the quest to be the best, the company is achieving tremendous growth.

Victory Energy is a direct reflection that great things can happen in America.  A place where employees of all walks of life, nationalities, backgrounds and educations come together for a common goal.  It is a microcosm for how this country is still the land of opportunity.

Throughout Victory Energy, there are people who have contributed to the success of the company that never imagined they’d end up working in Collinsville, Oklahoma.  For many, the journey was long, arduous and filled with personal struggles.

One example is Bochuan Lin, Ph.D who is Director of the Department of Technology – a vital position in the company.  He’s responsible for R & D in our new industrial boilers.  Bochuan grew up in China and achieved several degrees with academic institutions in Beijing.

7 Bochuan Lin Talent from across the Globe that’s uniquely American

Bochuan Lin, Ph. D
Director, Department of Technology
Victory Energy Operations, LLC

Bochuan is a critically important part of Victory Energy’s success.  Much like all our employees, he’s an integral fabric of what makes the company work.  He’s touched many of us, both personally and professionally.  The other day, the company celebrated Bochuan receiving his U.S. Citizenship.  All of us were as proud of him as he was of himself.  It’s another milestone in a long line of professional achievements that he’s realized in his career.

Much like our industrial boilers needing a fuel source to run effectively and efficiently, Victory Energy requires great people like Bochuan Lin to power the company.  It happens every day in our facilities in Collinsville and Cushing.

Bochuan Lin and Victory Energy are proof that the American Dream is alive and well.

For more information, visit the Victory Energy website. You can also find us on Facebook,Twitter and LinkedIn.

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Cynthia Herndon Joins Victory Energy as Manager of Human Resources

Victory Energy brings a wealth of experience to the Steam Team with their newest HR addition.

Cynthia Cynthia Herndon Joins Victory Energy as Manager of Human Resources

Cynthia Herndon
Manager – Human Resources

COLLINSVILLE, Okla., August 2014 — Victory Energy announces the addition of Cynthia Herndon as its new Manager of Human Resources.  In her role, she is responsible for the management of the Human Resources department and coordination of all employee benefit programs, professional and production staffing, policies and procedures, compensation, employee relations, safety, employee functions and organizational development for the company.

Herndon brings considerable expertise and an extensive background in the Human Resources field in several industries that Victory Energy serves.  She’s worked in a human resources capacity with both small and large international companies alike.  Cynthia brings an intimate knowledge for and understanding of the many diverse and differentiated HR and employee strategies that Victory Energy plans to employ.

“With Victory Energy realizing tremendous growth and expansion, it is critically important to have a person of Cynthia’s caliber to join the company to help guide our human resources initiatives,” stated Victory Energy President and CEO John Viskup.

She is a graduate of East Central University and holds a Masters of Human Relations degree from the University of Oklahoma.  Herndon’s career experience spans across and has touched several different HR disciplines and roles.  They include:

  • Manager of Human Resources – developed, implemented and managed all initial HR and Payroll functions for oil and gas company
  • HR Administrator – responsible for all payroll, benefit administration and design
  • HR Coordinator of Employee Relations and Recruitment – Corporate headquarters for large international company – employee relations, on boarding, recruitment and staffing including safety

About Victory Energy: 
Victory Energy Operations, LLC is a leading, single-source, concept-to-completion supplier of custom-engineered industrial boiler systems and advanced technologies worldwide, servicing a wide range of markets. Victory Energy products and services include Horizon® –HRSG steam generation/heat-recovery boilers (patented technology) Voyager® “O”-style watertube boilers, Discovery® “D”-style watertube boilers, Frontier® – firetube boilers, SolarGen® Series watertube boilers, and Explorer® series – enhanced heat recovery systems. Boiler sizes range from 20,000 PPH to 500,000 PPH, up to 1,500 PSIG and 1,050 degrees F.

Victory Energy also offers mobile/rental boilers, auxiliary equipment such as economizers, deaerators and stacks. Services include full-time aftermarket Field Services and aftermarket Spare Parts.

For more information, visit the Victory Energy website. You can also find us on Facebook, Twitter and LinkedIn.

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Diverse Applications Require Specific Boiler Systems

When it comes to specifying a boiler system, one size does not fit all. There are several types of commercial and industrial boilers available, and many are designed to perform a distinct function or supply specific processes. It’s not that using one type of boiler system over another may be wrong for an application, but you may experience a less-efficient operation by misapplying the technology. Here are some categories of boilers, with an explanation of their uses in residential, commercial, and industrial applications.

Hot Water / Building Heat Units – Commercial and residential boiler systems supply hot water, building heat, or both to office complexes, apartment buildings, and similar structures. “Heat Only” boilers do just that, supply only heat to a building, and as a result are usually compact. “Hot Water Units” require a separate storage tank and piping distribution system to deliver a constant supply of water to a facility, and are designed such that multiple users can pull from the system simultaneously.

Combination Units – Combination units supply both hot water and heat to a building, but are slightly different than Hot Water units in that hot water is supplied instantaneously on an as-needed basis instead of being stored in a tank. These units have the advantage of being more energy efficient because fuel is not wasted heating water that will sit in a tank, but have the disadvantage of being limited to the water supply line capacity, usually only a couple of users at a time.

Condenser Units – Condenser units are boiler systems that capture and re-use the steam condensate after most of the usable energy has been extracted. These types of industrial boilers usually include a turbine-generator with the condenser located after the low-pressure stage. Condenser units are very efficient because the condensate they reuse contains some residual heat that offsets the fuel requirements. The condensate is also treated, which saves money in terms of chemical addition cost over raw feedwater. A condensing boiler system has an efficiency that typically exceeds 90 percent.

Cogeneration Units – Cogeneration [also known as Cogen or Combined-Heat-and-Power (CHP)] boiler systems are common in both utility and industrial settings, and are so named because they supply two different sources of energy from a common fuel, usually electricity and process steam. In industrial plants, steam drives a turbine to produce electricity, and the extracted steam is used to heat processes within the facility. Utility cogen boiler systems also use steam to drive a turbine, but the extracted steam is used to heat a town, community, or district.

Diverse Applications Require Specific Boiler Systems2 Diverse Applications Require Specific Boiler Systems

HRSG Watertube Heat Recovery Boiler.
© 2014 Victory Energy Operations, LLC

Heat Recovery Units – Heat recovery boiler systems (also called Heat Recovery Steam Generators, or HRSGs), are installed to capture heat that would otherwise be wasted from an industrial or utility process. HRSGs are commonly found on the outlets of gas turbines, smelting plants, or blast furnaces, where heat is required to perform the process, but not necessarily needed for any other purpose. HRSGs are installed to cool the flue gasses from these processes prior to discharge, and have the added benefit of generating steam to be used for other facility processes or for district heating. Heat recovery units are common in cogeneration plants where heat that would otherwise be wasted after steam generation is recovered to provide lower pressure steam for additional facility heating or feedwater and combustion air preheating.

Diverse Applications Require Specific Boiler Systems3 Diverse Applications Require Specific Boiler Systems

O-style Waste Heat Boiler.                     © 2014 Victory Energy Operations, LLC

Refuse Boilers – Refuse (or waste) boiler systems generate energy from a waste stream such as used tires, biomass, sludge, or residential trash. They serve the dual purpose of reducing the final volume of refuse that finds its way to landfill and producing steam for other processes. They operate in a method similar to other types of industrial boilers, the main difference being the fuel source.

This is only a sampling of the many different types of boiler systems available. By combining the right boiler technology with the desired outcomes, almost any application can be properly designed, installed, and operated. Starting with a knowledgeable boiler expert is the key to ending up with a system that meets your needs. The engineering teams at Victory Energy are experts in boiler design and technology.

For more information, visit the Victory Energy website. You can also find us on Facebook, Twitter and LinkedIn.

 

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Take a Look Inside a Firetube Boiler

A firetube boiler is one of many different types of industrial boilers available, and is popular due to its relatively simple design and ease of operation, as well as its compact footprint. The term “firetube” is a bit of misnomer, since there is no actual fire inside the tubes; however, the name does rightfully imply that the inside of the tubes is hot, and the heat is used to boil water surrounding the outside of the tubes. Firetube boilers are found in a great number of industrial and commercial facilities, supplying low pressure (up to 450 psig), saturated steam to processes, buildings, and machinery.

In its simplest form, a firetube boiler has a fuel source, one or more tubes, a boiler shell, water inlet, steam outlet, and a chimney. Fuel is heated in a chamber with excess air. The hot gasses leave the chamber and pass through the inside of the tube(s), then exit through a chimney or stack. On the outside of the tubes, water contained in a cylindrical boiler shell is heated to its boiling point. The steam given off during boiling rises to the top of the boiler shell into a dome, where it is extracted and distributed to the facility.

Take A Look Inside A Firetube Boiler Take a Look Inside a Firetube Boiler

Early firetube boilers were used to drive steam engines (railroad and marine), drive industrial equipment, power line shafts in manufacturing facilities, and provide process heat. They had a firebox that contained fuel (usually a solid fuel such as wood or coal), a once-through bank of horizontal tubes, and a stack through which to exhaust flue gasses. Water was pumped into the bottom of the boiler shell and steam was extracted from the top.

A modern firetube boiler takes advantage of today’s clean-burning fuels and is designed to maximize the use of the available heat. The fuel source is usually a self-contained, high-efficiency gas or oil burner, and the gasses make two, three, or four passes through the boiler shell before being exhausted to take advantage of all the heat contained in the system. In some cases, the flue gasses are used to preheat the water entering the boiler, thus increasing thermal efficiency. External Superheaters are also occasionally included to dry out and heat up the steam leaving the boiler.

Take A Look Inside A Firetube Boiler 2 Take a Look Inside a Firetube Boiler

From the outside, a firetube boiler is a skid-mounted horizontal cylinder. The cylindrical shell contains the process water at operating pressure, and inside the cylinder is an array of horizontal tubes, secured on each end by a tubesheet. At one end sits a burner unit, and an exhaust stack is located on the same or opposite end based on the number of passes the flue gas makes through the boiler shell. Internally, the design gets more and more complex as the number of gas passes increases. The flue gasses have to be turned around at each end and redirected back through the boiler shell for each pass, so chambering becomes an integral part of the head design. There may also be multiple water inlets and multiple steam outlets, depending on the size of the unit.

Firetube boilers are compact in design, relatively easy to install, operate, and maintain, and less expensive than many other types of industrial boilers. They can provide saturated steam at pressures up to 450 psig, with capacities up to 2500 HP, and their high-efficiency burner design means they can comply with federal and state emissions limits. They are an ideal choice for any small or medium-size facility that needs a constant supply of low-pressure steam economically.

For more information, visit the Victory Energy website. You can also find us on Facebook, Twitter and LinkedIn.

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It’s all in the Execution

Never before has flawless execution been so critical in the markets that Victory Energy serves.  It’s more competitive than ever – with customers demanding much more. They’re forced to comply with Boiler MACT legislation and need to remain competitively vibrant. Lead times are continually being shortened.  What was once deemed to be heroic delivery performance is now the norm.  As customers ask more of Victory Energy, we ask more of ourselves.

Its all in the execution It’s all in the Execution

These market dynamics are what inform the basis behind the “concept to completion” mantra of Victory Energy.  It’s more than a slogan; it’s a way of thinking and acting across the company.  Executing the right way every time is critical to our success and that of our customers – from bid submission through to start-up.  All employees live this operating mentality.  It’s a part of who our employees are and what makes them great.

Itsallintheexecution2 It’s all in the Execution

Every action that Victory Energy takes is based upon meeting or exceeding the customer’s expectation throughout every step of the project journey that starts out as an idea or concept and ends as a fully-functioning and operating boiler.

At Victory Energy, “Concept to Completion®” is viewed as a game changing way of selling, manufacturing and servicing/supporting our product portfolio of industrial boilers.  Our Pulse Line manufacturing operation now allows the company to manufacture a line of boiler products in only a month.  What was once thought of as impossible is now a reality. It’s another example of Victory Energy setting an industry standard against which other boiler manufacturers will be forced to compete.

With execution being so critical, Victory Energy is making strategic investments to bring on board great project management influences to support project activation and implementation.  Project execution is a critical component in delivering on a “concept to completion” promise.  It’s about being both faster and smarter.  Execution is king.

Lean thinking is now informing many decisions across the plant floor.  We’re reducing waste and removing redundant steps in our processes.  As our customers evolve, we’re changing in lock step right along with them.  We’re building more than industrial boilers; we’re working on relationship engagements that are meant to last far beyond the project completion date.  Our high incidence of repeat purchase customers is a testament to the passion and commitment that we put into delivering on the “concept to completion” promise.

It is understood by everyone that touches a project engagement, throughout both our Collinsville and Cushing facilities, that you’re only as good as your last product that shipped out the door.  The Victory Energy brand means and stands for something, both internally and externally.  If you don’t execute flawlessly on a project from “concept to completion,” it  is meaningless.  What is important to understand is the way that this philosophy is exemplified and rendered throughout the course of a relationship.  The customer is the ultimate judge of performance.  That’s why it’s all about the execution; always has been and always will be.

For more information, visit the Victory Energy website. You can also find us on Facebook,Twitter and LinkedIn.

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Our Face to the Market – The Value of Reps

Choosing the right sales channel to reach markets and customers is daunting and challenging.  The path that manufacturers take with sales channel methodologies and selling influences needs to be well informed and thought through on many levels.

Many choose the direct sales route; others rely on distributor and dealer sales teams or a representative sales model.  All have their distinctive merits and upside and downside risks.  The product mix – technological requirements and geographic concentration of customers − is often a driving factor and motivator in the decision process.

Employing a representative sales force is an approach that works for Victory Energy.  It offers the ability to recruit and select the best and most talented rep firms in each geographic sales territory.  Our reps are among the finest, if not the best reps, in the industries that we serve.

our face to the market Our Face to the Market   The Value of Reps

Reps are the driving force behind Victory Energy’s success.

These rep firms bring extensive engineering and sales experience with industrial boilers, gas turbine HRSG’s including CHP, along with in-depth knowledge of all served industries – from power and utility and chemical processing to pulp and paper and oil sands.  They have deeply embedded relationships with the major EPC firms.  They’re respected and valued partners in the project process.

Reps are a vitally important component of the success of Victory Energy.  They act as our eyes and ears in the territories they serve, being the first to know when a project hits.  At Victory Energy, they’re viewed as being a part of the fabric of the company.

A great manufacturer/rep relationship model involves intensive interactions and exchanges – healthy conversations that involve give and take on both sides.  At Victory Energy, we believe that our success is incumbent upon our reps being successful.  Too many manufacturers don’t value the real contribution of the reps and view the relationship from a transactional mentality.  That’s not the case with us.

our face to the market 2 Our Face to the Market   The Value of Reps

Training and education of reps is a critically important element
of maintaining a great manufacturer/rep relationship

Victory Energy has always believed in a rep-based sellingstrategy and will remain loyal to this approach.  Many reps have been with the company for years and have been an important part of the incredible growth that we’ve achieved.  We’re in it with our reps as much as they’re in it with us.

For more information, visit the Victory Energy website. You can also find us on Facebook,Twitter and LinkedIn.

 

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Victory Energy Launches New Website Guide to Achieve and Ensure Boiler MACT Compliance

Victory Energy has launched their website, www.boilermactsolutions.org in order to create a definitive guide to achieving and ensuring Boiler MACT Compliance.

At lot has changed since the initial Boiler MACT was unveiled by the EPA in March of 2011.  The latest Boiler MACT version lists various changes and modifications to testing requirements, subcategories and what is and what is not exempt.  It is a continual quest to stay informed and on top of what’s required to meet Boiler MACT Compliance – whether you’re categorized as an Area Source or Major Source boiler installation.

What haven’t changed are the deadlines and what won’t be altered in the foreseeable future are compliance dates.  The compliance date for Major Source Boiler MACT is January 31, 2016.  The grace period for existing sources subject to the Area Source Boiler MACT was March 21, 2014.  While the January 31, 2016 date is fast approaching, many boiler owners and operators are hoping and waiting for potential extensions or waivers as has been the case throughout the history of Boiler MACT legislation.

With as much change as the Boiler MACT legislation has experienced over the past few years, having the most up-to-date and current information regarding Boiler MACT is difficult to find outside of the EPA site.  Victory Energy has heard this concern expressed by many customers as well as from across the Representative community that has contact with Victory Energy customers on a local level.

To help educate owners and operators about all things Boiler MACT, Victory Energy has produced www.boilermactsolutions.org as a thorough go-to information resource to help boiler operators through the myriad of issues and challenges they’re facing with Boiler MACT compliance.

Victory Energy Launches New Website for Boiler MACT Compliance 1024x518 Victory Energy Launches New Website Guide to Achieve and Ensure Boiler MACT Compliance

BoilerMACTsolutions.org, sponsored by Victory Energy.

www.boilermactsolutions.org is aimed at providing in-depth information about all the various Boiler MACT considerations and requirements for both Major Source and Area Source perspectives.  The site offers a comprehensive step-by-step guide for navigating the complexities of all the Boiler MACT legislation.  A FAQ section provides detailed answers to the commonly asked questions that Victory Energy is experiencing regarding Boiler MACT.  A decision tree navigation component within the site graphically explains the various paths that can be taken to achieve compliance by the mandated compliance dates.  A Victory Energy Perspectives component guides operators through the various methodologies for arriving at a Boiler MACT compliance resolution.

To learn more about Victory, please visit www.victoryenergy.com. You can also find us on FacebookTwitter and LinkedIn.

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Victory Energy Announces New Website Resource For Boiler MACT Compliance

Victory Energy announces www.boilermactsolutions.org – the definitive how-to resource to help operators achieve and ensure future Boiler MACT Compliance.

Victory Energy, a preeminent manufacturer and supplier of custom engineered gas-turbine HRSGs, packaged boilers and enhanced heat recovery systems, launched www.boilermactsolutions.org  as a thorough go-to information resource to help boiler owners and operators navigate the myriad issues and challenges they’re facing with Boiler MACT compliance.

With several different versions having been published surrounding Boiler MACT legislation over the past few years, www.boilermactsolutions.org is aimed at providing in-depth information about all the various Boiler MACT considerations and requirements from both Major Source and Area Source perspectives.  The site offers a comprehensive, step-by-step guide for navigating the complexities of all the Boiler MACT legislation.  A FAQ section provides detailed answers to the commonly asked questions that Victory Energy is experiencing regarding Boiler MACT.  A decision tree navigation component within the site graphically explains the various paths that can be taken to achieve compliance by the mandated compliance dates.  A Victory Energy Perspectives element guides owners and operators through the various methodologies for arriving at a Boiler MACT compliance resolution.

“Given the amount of conversation and discussion that we’re hearing from our customers, as well as feedback from our Rep network, it was apparent that the issue of Boiler MACT compliance was top of mind with many.  Victory Energy has always been viewed as being an information resource and thought leader about all things boilers.  It’s a part of who we are and what we do.  This new site, www.boilermactsoultions.org, is a demonstration of the commitment we’ve made to support all industries we serve with timely information and knowledge.” stated President and CEO John Viskup.

Plans are in place to continually update www.boilermactsolutions.org over the course of the next two years with timely information and updates on all significant Boiler MACT issues.  This includes a “best practices” section that shares actual information for how operators are achieving Boiler MACT compliance.

ABOUT VICTORY ENERGY

Victory Energy is a leading single-source boiler supplier of custom engineered gas-turbine HRSGs, packaged boilers and enhanced heat recovery systems.  Headquartered in Collinsville, Oklahoma, the company delivers on lean manufacturing principles against a vertically integrated concept to completion positioning point of difference.

To learn more about Victory, please visit www.victoryenergy.com. You can also find us on FacebookTwitter and LinkedIn.

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How to Extend the Life of Your Industrial Boiler

An industrial boiler is an enormous capital expense and a huge investment for a facility, in some cases, the biggest. It is imperative you take care of your boiler system by following all available best practices in order to maximize its life. When properly maintained and operated, an industrial boiler should last for decades. On the other hand, a neglected or poorly operated unit will be a constant source of unplanned expense and downtime for your facility, affecting production and downstream processes that rely on its continuous service.

Although the function of an industrial boiler is relatively straightforward, there are several parameters you must monitor if you want to extend its life. Water quality, steam quality, and boiler efficiency are the primary focus areas during boiler system operation. Failing to establish well-designed and managed programs, monitoring criteria, or corrective actions in any of these areas will shorten a boiler’s life, some faster than others.

How to extend the life of your industrial boiler 300x225 How to Extend the Life of Your Industrial Boiler

A well maintained facility with a pair of D-style Boilers.

Water quality has the ability to degrade an industrial boiler very quickly, even leading to catastrophic failures. Any “ingredient” in the boiler feedwater that is not H2O has some effect on the steam, boiler metallurgy, or heat transfer properties; the higher the operating pressure and temperature of the boiler, the more pronounced and rapid the effects will be. Water pH that is too high or too low, dissolved minerals and halides not removed from the feedwater stream, or dissolved oxygen not properly gassed off will all create problems for your boiler, as will many others. To maximize the life of your industrial boiler, the water should be demineralized before it enters the boiler, de-aerated to remove oxygen, and chemically treated to prevent attack of the steel in the tubes and other pressure parts. Continuous monitoring of the boiler blowdown and feed will provide you with constant feedback, and your operators can make slight changes to keep the chemistry in range.

Carryover of water or chemicals in the steam leaving the boiler system (steam quality and steam purity, respectively) can also have a pronounced effect on boiler life. Water droplets will impinge on superheater tubes and downstream process equipment and erode or pit them. Any chemicals carried over (regardless of whether they were introduced with the boiler feedwater due to improper water preparation or added in the boiler to control chemistry) can scale or corrode the heat-transfer surfaces, leading to inefficient operation of your industrial boiler or even tube failure due to lack of proper heat transfer. Automated drum level controls and mechanical separators are necessary to prevent this from becoming a problem for your boiler.

Boiler efficiency is probably the least obvious of the control parameters that can have a negative impact on your industrial boiler’s life. An inefficient boiler is the result of poor heat transfer and occurs for a variety of reasons, including dirty heat transfer surfaces, poor heat distribution, or unusually high excess oxygen levels in the flue gas. To counteract an inefficient operation, operators will fire excess fuel (which can create areas of localized high heat that will shorten the life of tubes and other pressure parts), or increase the flue gas flow (which will increase carryover and thus erosion, particularly in solid-fuel boilers). Monitoring stack temperatures, excess oxygen at the stack, and fuel/steam ratios will ensure that the boiler is being operated efficiently.

Companies don’t have money to spend freely on new equipment or expensive repairs. If you want maximize profits and maintain a competitive advantage in your facility, you must make sure your industrial boiler is equipped with the instruments, processes, and procedures it needs to operate properly. A well-managed boiler will not only run efficiently, but will provide service for a long to come on a continuous basis.

For more information about Victory Energy, visit our website. You can also find us on FacebookTwitter and LinkedIn.

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Understanding the Latest in Canadian Oil Sands News

With the price of crude oil reaching and sustaining prices well over $100 per barrel, alternative forms of petroleum production are becoming economically viable. The Canadian oil sands, found primarily in the province of Alberta, are a major source of petroleum and a focus of extraction and refining efforts. This sizeable reserve of low-grade crude is estimated at 500 billion barrels by Alberta regulators, which is a quantity larger than the recoverable crude oil reserves of Saudi Arabia and Venezuela combined.

Oil sands, also known as tar sands, are actually bituminous sand deposits that contain naturally occurring combinations of sand, clay, water, and highly viscous bitumen. These types of deposits are common throughout the world, but Canada has the largest reserves by far—roughly 70 percent of the total. With processing, the bitumen can be extracted from the other materials and converted in refineries to synthetic crude oil and higher quality liquid fuels including gasoline and diesel fuel.

The traditional method of separating the bitumen is to dig up the material in open pit mines and truck it to a recovery facility to extract the product before sending it on to a refinery for further processing. More recently, another extraction method has been developed where the oil is extracted in place. This in-situ extraction of the oil sands involves injecting steam and solvents directly into the ground in areas where the bitumen is too deep to be surface mined. Steam and solvents are injected near the top of an oil sand reservoir, allowing the hot, solvent-rich bitumen displaced in the upper layer to flow by gravity (a process known as steam-assisted gravity drainage, or SAGD) down to the lower layer of the reservoir, freeing up even more bitumen. It is then extracted and pumped back to the surface for processing.

Understanding the latest in canadian oil sands news Understanding the Latest in Canadian Oil Sands News

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In-situ extraction sites must have boilers to generate the steam needed to heat the ground, and inject solvents into the ground. Groundwater contamination is obviously a concern, as are the boilers, which use fossil fuels to generate the steam, emitting greenhouse gasses in the process. Critics are most concerned, however, about the contribution the oil sands make to the overall petroleum stream, perpetuating global demand for oil.

The Canadian oil sands, and the recent technological advances that make bitumen extraction economical and profitable, create a potential boon for an oil-thirsty global community; it’s also a potential threat to the natural resources and ecological balance of the region. With an estimated production of 5 million barrels per day by the year 2030, oil sands petroleum will be a major contributor to the global fossil fuel supply going forward. The production output is expected to rise in the coming years, and new technologies may even allow extraction rates to exceed current estimates. With so many emerging nations demanding oil for their economies, the Canadian oil sands will continue to increase in importance as a feasible source of supply.

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