Heavy Crude Oil: A Global Analysis and Outlook

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For more information on this comprehensive outlook, please contact Glenn Dubin at +1.713.260.6464

Heavy oil and bitumen are widely distributed around the globe and have been found on every continent except Antarctica. Discovered original oil in place (OOIP) includes 3,366 billion barrels of ‘conventional’ heavy oil with API gravities greater than 10o and less than 20o.

 

Non-conventional resources include 2,500 billion barrels of bitumen with another billion or so estimated to be undiscovered and 2,000 billion barrels of extra-heavy oil.

 

Most of the heavy crudes that are produced today come from North and South America, with significant quantities being produced in the United States, Canada, Mexico, Venezuela and Brazil. The Canadian oil sands and the Orinoco Belt extra-heavy oil are the largest sources of non-conventional oil production today and will remain so in the future. Global heavy oil production will increase with new projects in the Middle East, China, Russia, South America and Africa.

 

For more information, contact Glenn Dubin at +1.713.260.6464.

 

 

This comprehensive analysis and report on global heavy oil production and outlook was conducted to provide an in-depth regional analysis of the quantities and characteristics of the various types of heavy crude oils that will be entering the market in the next 20 years. The analysis covers both the upstream and downstream aspects of heavy oil, with summaries of the current and potential future technologies that will allow more of these resources to be produced and refined in the future. Potential constraints are summarized by region, both technological and political constraints and uncertainties. Considerable focus is given to environmental issues and how technology can allow heavy oil developments to proceed without excess damage to the environment.

 

A single reference source on:

• Heavy oil resources

• Product quality

• Production

• Projects

• Implications

Information pertaining to:

• North & South America

• Europe, Russia & CIS

• Middle East

• Asia Pacific

• Africa

 

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Analysis includes:

• Production forecasts by country

• Detailed analysis of North American PADD regions

• Disposition by region - internal market vs. export

• Existing heavy oil pipelines

• New heavy oil projects and expansions

 

Who would benefit from Hart’s Heavy Crude Oil Service?

  • Petroleum Refiners
  • Oil & Gas Companies
  • Traders and Transportation Companies
  • Investors
  • Governments
  • Licensing Technology Suppliers
  • Heavy Equipment Manufacturers
  • Engineering & Construction Firms

 

HART's Heavy Crude Oil Outlook is a high quality service that involves the culmination of information drawn from around the world by HART's experts. As part of the service, subscribers will be afforded direct access to in-depth Q&A sessions with HART's experts.

The outlook, a forecast through 2025, is available in both electronic and hard-copy formats.

 

Contributors to the study include:

Cover Image LAURA ATKINS- Atkins has more than 20 years experience in the oil industry. She served as a Senior Research Analyst for OPEC studying energy technologies affecting oil demand, as well as for ARCO and AMOCO, in the US and the Middle East.
Cover Image TERRY HIGGINS - Higgins is Executive Director, Refining and Special Studies, at Hart Energy Consulting, and has more than 30 years of refining experience. He served as Technical Director for NPRA for 14 years and also worked with TEXACO, HESS, and US DOE.

 

This service will provide you with all the necessary information on the global heavy crude oil market. Contact us