JACOS
Japan Canada Oil Sands Limited (JACOS) is an oil sands extraction company. It is the operator of the Hangingstone oil sands project. JACOS is a subsidiary of JAPEX (Japan Petroleum Exploration Company Limited).
 | |
| Type | Corporation |
|---|---|
| Industry | Oil and gas industry |
| Founded | 1978 |
| Headquarters | , |
Area served | Athabasca |
Key people |
|
| Products | Heavy crude oil Bitumen |
| Parent | JAPEX (Japan Petroleum Exploration Company Limited) |
| Website | www |
History
JACOS started oil sands activities in the Athabasca area in 1978 on leases held by Petro-Canada, Canadian Occidental (Nexen) and Imperial Oil to form the PCEJ group.[1] It was the first Asian-owned oil company to exploit the Athabasca oil sands.[2] JACOS and its partners experimented with a cyclic steam stimulation (CSS) pilot project on the Hangingstone Lease from 1984 to 1994.[3]
In 1992, JACOS parent company JAPEX participated in the Alberta Oil Sands Technology and Research Authority (AOSTRA) steam-assisted gravity drainage (SAGD) pilot experiments at the underground test facility (UTF) site. With the positive results from the UTF project, JACOS decided to further pursue SAGD technology at the Hangingstone site. A 3-phase demonstration project was designed and constructed with the first phase becoming operational in 1999.[2]
Operations
The JACOS Hangingstone SAGD facilities are located on Lease OSL70, approximately 50 kilometres (31 mi) southwest of Fort McMurray and 25 kilometres (16 mi) west of the community of Anzac. JACOS currently operates the Hangingstone Expansion Project.
References
- "Long focus brings good yield for JACOS!". Alberta Chamber of Resources. Archived from the original on August 11, 2007. Retrieved 2008-03-15.
- "Company plans more than 100 oilsands wells". The Vancouver Sun. 2007-04-13. Archived from the original on 2012-11-04. Retrieved 2008-03-15.
- "Japan Canada Oil Sands Ltd. Hangingstone demo project 2005" (PDF). Energy resources conservation board. 2006-03-07. Retrieved 2008-03-13.