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Cenovus Energy Inc T.CVE

Alternate Symbol(s):  CVE | CVE.WS | T.CVE.WT | T.CVE.PR.A | CNVEF | T.CVE.PR.B | T.CVE.PR.C | T.CVE.PR.E | T.CVE.PR.G

Cenovus Energy Inc. is a Canada-based integrated energy company. The Company has oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. The Company's segments include Upstream, Downstream, and Corporate and Eliminations. Its Upstream segment includes Oil Sands, Conventional, and Offshore. Its Downstream segment consists of Canadian Manufacturing, and United States Manufacturing. The Company's upstream operations include oil sands projects in northern Alberta, thermal and conventional crude oil, natural gas and natural gas liquids (NGLs) projects across Western Canada, crude oil production offshore Newfoundland and Labrador and natural gas and NGLs production offshore China and Indonesia. The Company's downstream operations include upgrading and refining operations in Canada and the United States, and commercial fuel operations across Canada.


TSX:CVE - Post by User

Comment by JohnSPon Oct 19, 2021 10:31am
200 Views
Post# 34022248

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:$83 oil

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:$83 oil"EOR was a new frontier and mostly a hopium sold to management for promotion, and sold to gov't for grant money."

Fully agree. On that RMH Cardium field there was never enough Ethane Bank put in and reservoir was never repressured enough for N2 to be miscible, so we got early N2 breakthrough and side benefit N2 pressuring up shallower reservoirs via poor 1960's cement jobs. Neither good.

CO2 EOR floods have great recovery but all sorts of corrosive side issues. Qatar had project to gather CO2 at NE Ras Laffan and pipe it to and inject into carbonate Dukhan oil field in west Qatar. But many old wells and corrosive issues resulted in alternate plan of increased infill producers and sea water injectors to get higher EUR.

As side note, heard that in Canada can't gain CO2 credits by sequestering CO2 in oilfields?

You in Victoria BC?
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