Statoil boosts production, cuts emissions from Canadian oil sands
According to the Statoil 2012 Oil Sands Report last year Statoil increased oil sands production by more than 60% and reduced CO2 intensity by almost 24%, the Company press release said.
The Oil Sands Report contains performance indicators which measure production and energy consumption – as well as emissions intensity and quality and use of air, water and land – at the Leismer Demonstration Project and in the Kai Kos Dehseh (KKD) leases in northern Alberta.
"In 2012 we increased oil sands production by more than 60% and reduced CO2 intensity by almost 24%. We reduced water usage, improved our steam-oil ratio and planted 267,000 trees to reclaim land. We are proud of the results we have achieved and are encouraged to continue our efforts to reach our ambitious targets," says Statoil's senior vice president in Canada, Ståle Tungesvik.
Statoil's ambition is to reduce carbon dioxide intensity in its production process by 25% by 2020 and 40% by 2025. Average CO2 emissions per barrel in 2012 were 55.6 kilograms, down from 72.7 kilograms in 2011.