Oil Sands and Heavy Oil Worldwide: Production and Infrastructure Markets

Chapter 1: Executive Summary

Introduction

Conventional and Unconventional Crude Oil Defined

Table 1-1 Conventional and Unconventional Crude Oil Resources in Density, Viscosity and Composition

Global Heavy Oil, Extra-Heavy Oil and Bitumen Reserves

Figure 1-1: Global Heavy Oil, Extra-Heavy Oil and Bitumen Reserves by Country and Region (Canada, United States, Venezuela, Rest of Latin America, Russia, Central Asia, Europe, Middle East, Asia-Pacific, Africa) (%)

Global and Regional Oil Production

Figure 1-2: Global Unconventional Crude Oil Production (Bitumen, Heavy and Extra-Heavy Crude Oil) by Region (thousand barrels/day) (2007-2021)

Unconventional Crude Oil Development and Production Spending and Infrastructure

Unconventional Crude Oil Production Infrastructure – Field, Production Facilities and Upgraders

Figure 1-3: General Upgrading Schematic

Development and Production CAPEX and Infrastructure Markets

Figure 1-4: Global Oil Sands and Bitumen Development and Production CAPEX by Region (including Bitumen Upgraders) (2011/2021) ($U.S. billions)

Figure 1-5: Global Unconventional Oil Production Project Infrastructure Market by Segment – Onshore Field/Onshore Facility/Offshore Subsea/Offshore Topsides (2011/2021) ($U.S. billions)

Conclusion

Chapter 2: Introduction to Bitumen, Heavy Oil and Extra-Heavy Oil Production and Upgrading

Introduction

Heavy Oil and Oil Sands as Unconventional Crude Oil Resources

Table 2-1 Conventional and Unconventional Crude Oil Resources in Density, Viscosity and Composition

Heavy Oil

Oil Sands (Bitumen)

Extra-Heavy Oil

Industry History of Heavy Oil and Bitumen Production

Figure 2-1: International Light Crude - Heavy Crude Price Differentials – Western Canada, Maya, Arabian Heavy, Brent, WTI (1983-2011) (%)

Figure 2-2: International Light Crude - Heavy Crude Price Differentials – Western Canada, Maya, Arabian Heavy, Brent, WTI (1983-2011) (%)

Global Reserves of Oil Sands (Bitumen) and Heavy Oil

Figure 2-3: Global Heavy Oil, Extra-Heavy Oil and Bitumen Reserves by Country and Region (Canada, United States, Venezuela, Rest of Latin America, Russia, Central Asia, Europe, Middle East, Asia-Pacific, Africa) (%)

Table 2-2: Countries with Significant Deposits of Heavy Oil or Bitumen Grouped by World Region

Unconventional Oil Recovery

Cold Production

Figure 2-4: Cold Production Schematic

Steam Injection

Figure 2-5: Steam Injection Schematic

Combustion

Vapor Extraction Process

Other Technologies

Unconventional Oil Field Infrastructure

Unconventional Oil Production Facility Infrastructure

Oil Treating and Handling

Water Treatment

Steam Generation / Cogeneration

Bitumen and Extra-Heavy Oil Upgrading

Figure 2-6: General Upgrading Schematic

Conclusion

Chapter 3: Global Oil Sands and Heavy Oil Production

Introduction

Canadian Bitumen Production

Table 3-1: Canada – Heavy Oil and Bitumen Reserves and In Place

Figure 3-1: Canadian Crude Bitumen Production (barrels/day) (2007-2011)

Figure 3-2: Canadian Synthetic Crude Oil Production (barrels/day) (2007-2011)

Figure 3-3: Canadian Crude Bitumen and Synthetic Crude Oil Production Forecast (million barrels/day) (2012-2021)

Figure 3-4: Canadian Heavy Crude Oil Production – Historical and Forecast (thousand barrels/day) (2007-2021)

Figure 3-5: Canadian Unconventional Oil Production Portfolio – Share by Type (Crude Bitumen [non-upgraded], Synthetic Crude Oil, Heavy Crude Oil) (% and thousand barrels/day) (2011/2021)

Venezuelan Extra-Heavy Oil Production

Table 3-2: Venezuela – Heavy Oil and Extra-Heavy Oil Reserves and In Place

Figure 3-6: Venezuelan Extra-Heavy Crude Oil Production (barrels/day) (2007-2011)

Figure 3-7: Venezuelan Synthetic Crude Oil Production (barrels/day) (2007-2011)

Figure 3-8: Venezuelan Extra-Heavy and Synthetic Crude Oil Production Forecast (millions of barrels/day) (2012-2021)

U.S. Heavy Oil Production

Table 3-3: United States – Heavy Oil and Bitumen Reserves and In Place

Figure 3-9: U.S. Heavy Crude Oil Production (barrels/day) (2007-2021)

Unconventional Oil Production in the Rest of Latin America

Table 3-4: Latin America (excluding Venezuela) – Heavy Oil and Bitumen Reserves and In Place

Figure 3-10: Latin American Heavy Crude Oil Production – Historical and Forecast (excluding Venezuela) (thousand barrels/day) (2007-2021)

Figure 3-11: Latin American Heavy Crude Oil Production – By Country (Mexico, Brazil, Colombia, Ecuador, Rest of Latin America) (% and thousand barrels/day) (2011/2021)

Unconventional Oil Production in the Middle East

Table 3-5: Middle East – Heavy Oil and Bitumen Reserves and In Place

Figure 3-12: Middle Eastern Heavy Crude Oil Production – Historical and Forecast (thousand barrels/day) (2007-2021)

Unconventional Oil Production in Russia and Central Asia

Table 3-6: Russia – Heavy Oil and Bitumen Reserves and In Place

Unconventional Oil Production in Asia-Pacific

Table 3-7: Asia-Pacific – Heavy Oil and Bitumen Reserves and In Place

Figure 3-13: Asia-Pacific Heavy Crude Oil Production – Historical and Forecast (thousand barrels/day) (2007-2021)

Unconventional Oil Production in Europe

Table 3-8: Europe – Heavy Oil and Bitumen Reserves and In Place

Figure 3-14: European Heavy Crude Oil Production – Historical and Forecast (thousand barrels/day) (2007-2021)

Unconventional Oil Production in Africa

Table 3-9: Africa – Heavy Oil and Bitumen Reserves and In Place

Figure 3-15: African Heavy Crude Oil Production – Historical and Forecast (thousand barrels/day) (2007-2021)

Trends and Implications in Worldwide Unconventional Oil Production Development

Figure 3-16: Unconventional Crude Oil Production (Bitumen, Heavy and Extra-Heavy Crude Oil) by Global Region (% and thousand barrels/day) (2011/2021)

Figure 3-17: Global Unconventional Crude Oil Production (Bitumen, Heavy and Extra-Heavy Crude Oil) by Region (thousand barrels/day) (2007-2021)

Conclusion

Table 3-10: Global Unconventional Crude Oil Production (Bitumen, Heavy and Extra-Heavy Crude Oil) by Region (thousand barrels/day) (2007-2021)

Chapter 4: Market Size & Growth – Oil Development and Production CAPEX and Infrastructure

Introduction

Methodology and Organization

Canadian Oil Sands Production Capital Spending

Figure 4-1: Canadian In-Situ Bitumen Development and Sustaining CAPEX (2007-2021) ($U.S. billions)

In-Situ Field Infrastructure Market

Figure 4-2: Canadian Market for Field Infrastructure at In-Situ Bitumen Production Projects (2007-2021) ($U.S. millions)

In-Situ Facility Infrastructure Market - Oil Treating and Handling Systems

Figure 4-3: Canadian In-Situ Bitumen Market for Oil Treating and Handling Systems at In-Situ Bitumen Facilities (2007-2021) ($U.S. millions)

In-Situ Facility Infrastructure Market - Water Treatment Systems

Figure 4-4: Canadian Market for Water Treatment Systems at In-Situ Bitumen Facilities (2007-2021) ($U.S. millions)

Figure 4-5: Canadian In-Situ Bitumen Facility Water Treatment Systems – Market Share by Technology (Evaporator, Evaporator and Crystallizer, Lime Softening-Acid Cation Exchange and Other) (2002-2011/2012-2021) (% of New Construction Installations)

In-Situ Facility Infrastructure Market - Steam Generation and Cogeneration Systems

Figure 4-6: Canadian Market for Steam Generation Systems at In-Situ Bitumen Facilities (2007-2021) ($U.S. millions)

Figure 4-7: Canadian In-Situ Bitumen Facility Steam Generation Systems – Market Share by Technology (Once Through Steam Generators and Drum Boilers) (2002-2011/2012-2021) (% of New Construction Installations*)

Figure 4-8: Canadian Market for Cogeneration Equipment at In-Situ Bitumen and Upgrader Facilities (2007-2021) ($U.S. millions)

Canadian Upgrader Capital Spending

Figure 4-9: Canadian Upgrader Facility Capital Expenditures – New Construction and Sustaining (2007-2021) ($U.S. billions)

Figure 4-10: Venezuelan Extra-Heavy Oil Development and Sustaining CAPEX (2007-2021) ($U.S. billions)

Venezuelan Extra-Heavy Oil Capital Spending

Figure 4-11: Venezuelan Extra-Heavy Oil Infrastructure Market by Segment – Field and Facility (2007-2021) ($U.S. millions)

Figure 4-12: Venezuelan Upgrader Facility Capital Expenditures – New Construction and Sustaining (2007-2021) ($U.S. billions)

Venezuelan Upgrader Capital Spending

U.S. Heavy Oil Capital Spending

Figure 4-13: U.S. Heavy Oil Development and Production CAPEX (2007-2021) ($U.S. billions)

Figure 4-14: U.S. Heavy Oil Infrastructure Market by Segment – Field and Facility (2007-2021) ($U.S. millions)

Latin American Heavy Oil Capital Spending

Figure 4-15: Latin American Heavy Oil Development and Production CAPEX (2007-2021) ($U.S. billions)

Figure 4-16: Latin American Heavy Oil Infrastructure Market by Segment – Offshore Subsea, Offshore Topsides, Onshore Oil Field, Onshore Facility (2007-2021) ($U.S. millions)

Heavy Oil Capital Spending in the Middle East

Figure 4-17: Middle East Heavy Oil Development and Production CAPEX (2007-2021) ($U.S. billions)

Figure 4-18: Middle East Heavy Oil Infrastructure Market by Segment – Offshore Subsea, Offshore Topsides, Onshore Oil Field, Onshore Facility (2007-2021) ($U.S. millions)

Heavy Oil Capital Spending in Russia and Central Asia

Heavy Oil Capital Spending in Asia-Pacific

Figure 4-19: Asia-Pacific Heavy Oil Development and Production CAPEX (2007-2021) ($U.S. billions)

Figure 4-20: Asia-Pacific Heavy Oil Infrastructure Market by Segment – Offshore Subsea, Offshore Topsides, Onshore Oil Field, Onshore Facility (2007-2021) ($U.S. millions)

Heavy Oil Capital Spending in Europe

Figure 4-21: European Heavy Oil Development and Production CAPEX (2007-2021) ($U.S. billions)

Figure 4-22: European Heavy Oil Infrastructure Market by Segment – Offshore Subsea, Offshore Topsides, Onshore Oil Field, Onshore Facility (2007-2021) ($U.S. millions)

Heavy Oil Capital Spending in Africa

Figure 4-23: African Heavy Oil Development and Production CAPEX (2007-2021) ($U.S. billions)

Figure 4-24: African Heavy Oil Infrastructure Market by Segment – Offshore Subsea, Offshore Topsides, Onshore Oil Field, Onshore Facility (2007-2021) ($U.S. millions)

Global Outlook on Capital Spending and Equipment & Product Markets at Oil Sands and Heavy Oil Projects

Figure 4-25: Global Oil Sands and Bitumen Development and Production CAPEX by Region (including Bitumen Upgraders) (2011/2021) ($U.S. billions)

Figure 4-26: Global Unconventional Oil Production Project Equipment and Bulk Products Market by Segment – Onshore Field/Onshore Facility/Offshore Subsea/Offshore Topsides (2011/2021) ($U.S. billions)

Conclusion

Table 4-1: Global Unconventional Oil (Heavy Oil, Extra-Heavy Oil and Bitumen) Development and Production CAPEX and Field, Facility, Subsea and Topsides Infrastructure Markets (2007-2021) ($U.S. billions)

Chapter 5: Suppliers and Industry

Introduction

Canadian Oil Sands Equipment and Bulk Supplier Industry Composition

Figure 5-1: Alberta Fabricated Metal Products Market Share by Country/Region – Alberta, Rest of Canada, United States, and International (2002-2011e) (%)

Figure 5-2: Alberta Oil & Gas Field Machinery Products Market Share by Country/Region – Alberta, Rest of Canada, United States, and International (2002-2011e) (%)

Major Suppliers

Babcock & Wilcox

Baker Hughes

Flint Energy Services

GE Water & Process Technologies

IST/Aecon

PCL Industrial Management

Veolia WST

Weatherford

Major International Supplier Opportunities

Steam Generator Imports

Figure 5-3: Steam Generator Import Share by World Region in Oman, Venezuela, Colombia and Alberta (2002-2010) (%)

U.S. Exports of Field Production Equipment (Lift Pumps and Oil Well Downhole Equipment)

Figure 5-4: U.S. Exports of Lift Pumps and Oil Well Downhole Equipment by Heavy Oil Region – Canada, Latin America (including Venezuela), the Middle East, Russia/Central Asia, Europe, Asia-Pacific and Africa (2002-2011) ($U.S. millions)

U.S. Exports of Offshore Oil Production Platforms and their Components

Figure 5-5: U.S. Exports of Offshore Oil Production Platforms and their Components by Heavy Oil Region – Canada, Latin America (including Venezuela), the Middle East, Russia/Central Asia, Europe, Asia-Pacific and Africa (2002-2011) ($U.S. millions)

Conclusion

Oil Refining in Africa

Africa Africa Oil Refinery Capacity, 000b/d, % Change Y-o-y

• $ 250
• Industry data
• February 2013

Yearly, From 1991 To 2020
By Business Monitor International
Source: EIA/BMI

• Industries : Oil and Gas Energy
• Countries : Africa

Africa Africa Oil Refinery Capacity, 000b/d

• $ 250
• Industry data
• February 2013

Yearly, From 1990 To 2021
By Business Monitor International
Source: EIA/BMI

• Industries : Oil and Gas Energy
• Countries : Africa

Oil and Gas Energy in Africa

Africa Africa Lng Net Exports, Bcm, % Change Y-o-y

• $ 250
• Industry data
• February 2013

Yearly, From 2000 To 2021
By Business Monitor International
Source: EIA/BMI

• Industries : Oil and Gas Energy
• Countries : Africa

Africa Africa Oil Production, % Change Y-o-y

• $ 250
• Industry data
• February 2013

Yearly, From 1991 To 2021
By Business Monitor International
Source: EIA/BMI

• Industries : Oil and Gas Energy
• Countries : Africa

Africa Africa Oil Production, 000b/d

• $ 250
• Industry data
• February 2013

Yearly, From 1990 To 2021
By Business Monitor International
Source: EIA/BMI

• Industries : Oil and Gas Energy
• Countries : Africa

Africa Africa Lng Net Exports, Bcm

• $ 250
• Industry data
• February 2013

Yearly, From 1999 To 2021
By Business Monitor International
Source: EIA/BMI

• Industries : Oil and Gas Energy
• Countries : Africa

Africa Ssa Generation, Natural Gas, Twh

• $ 250
• Industry data
• February 2013

Yearly, From 1993 To 2021
By Business Monitor International
Source: BMI

• Industries : Oil and Gas Energy
• Countries : Africa