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Oil sands research group formed. (The Canadian Oilsands Network for Research and Development)
Oil sands research group formed oil companies, research groups, and universities have joined with the Canadian federal and Alberta provincial governments to form a new group called The Canadian Oilsands Network for Research & Development (CONRAD).
According to Thane Waldie, vice president of technology for Synerude Canada Ltd. and co-chairman of CONRAD, the group will collaborate on research to reduce oil sands and heavy oil recovery costs from their current average of CS 15.40/bbl.
According to published reports, CONRAD, to be based in Calgary, Alta., will pool data from an estimated CS 100 …
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