IDEAS home Printed from https://ideas.repec.org/a/mth/bmh888/v3y2015i2p1-12.html
   My bibliography  Save this article

Benchmarking Characteristics of Steam Assisted Gravity Drainage (SAGD) Projects: Based On Interview Findings

Author

Listed:
  • Elias Ikpe
  • Jatinder Kumar
  • George Jergeas

Abstract

SAGD is a relatively new method of oil extraction and recovery in Alberta oil and gas industry and the number of new SAGD plants in Alberta is expected to increase within this decade. The paper discusses the interviews finding of benchmarking characteristics of the SAGD projects. The research reviewed and analysed definition of capacity, main features, life cycle/ phases of SAGD projects and also major risks associated with it. A qualitative research methodology was employed in investigating the characteristics of SAGD projects. Interviews were conducted with industry practitioners, which contained open-ended questions. The result found the definition of capacity of SAGD projects is barrels/day and from the lifecycle of SAGD projects procurement/cosntruction phase is 75% of the total project cost while other phase in total constiutues the 25% of the total cost of the project. On the schedule prospective, procurement/construction phase constitute the 55% of the total project duration. This method has the potential to contribute to a reduction in cost and schedule overruns and improves SAGD project performance. It is concluded that the results of the study will help in achieving a higher rate of productivity in the Alberta oil and gas industry.

Suggested Citation

  • Elias Ikpe & Jatinder Kumar & George Jergeas, 2015. "Benchmarking Characteristics of Steam Assisted Gravity Drainage (SAGD) Projects: Based On Interview Findings," Business and Management Horizons, Macrothink Institute, vol. 3(2), pages 1-12, December.
  • Handle: RePEc:mth:bmh888:v:3:y:2015:i:2:p:1-12
    as

    Download full text from publisher

    File URL: http://www.macrothink.org/journal/index.php/bmh/article/view/8126/6604
    Download Restriction: no

    File URL: http://www.macrothink.org/journal/index.php/bmh/article/view/8126
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Rui, Zhenhua & Wang, Xiaoqing & Zhang, Zhien & Lu, Jun & Chen, Gang & Zhou, Xiyu & Patil, Shirish, 2018. "A realistic and integrated model for evaluating oil sands development with Steam Assisted Gravity Drainage technology in Canada," Applied Energy, Elsevier, vol. 213(C), pages 76-91.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mth:bmh888:v:3:y:2015:i:2:p:1-12. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Technical Support Office (email available below). General contact details of provider: http://www.macrothink.org/journal/index.php/bmh .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.