Western Canadian Sedimentary Basin

Western Canadian Sedimentary Basin

Western Canadian Sedimentary Basin

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Description:
The Western Canadian Sedimentary Basin (WCSB) is a vast sedimentary basin underlying of Western Canada including southwestern Manitoba, southern Saskatchewan, Alberta, northeastern British Columbia and the southwest corner of the Northwest Territories. It consists of a massive wedge of sedimentary rock extending from the Rocky Mountains in the west to the Canadian Shield in the east. This wedge is about thick under the Rocky Mountains, but thins to zero at its eastern margins. The WCSB contains one of the world's largest reserves of petroleum and natural gas and supplies much of the North American market, producing more than per day of gas in 2000. It also has huge reserves of coal. Of the provinces and territories within the WCSB, Alberta has most of the oil and gas reserves and almost all of the oil sands.

Conventional oil

The WCSB is considered a mature area for exploration of petroleum and recent development has tended toward natural gas and oil sands rather than conventional oil. In the WCSB, conventional oil is of two different types: light crude oil and heavy crude oil, each with different costs, prices, and development strategies. Conventional light oil is a mature industry with most of the recoverable oil reserves already produced and production declining by three to four percent per year. Conventional heavy oil is also past its production peak with a future of long-term decline. Alberta, which contains most of the reserves, expects its...
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