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The International Energy Agency (IEA) lists the economically recoverable reserves, at 2007 prices and modern unconventional oil production technology, to be 178 billion barrels (28.3 × 10 ^ 9 m 3), or about 10% of these deposits. Together, these oil sand deposits lie under 141,000 square kilometres (54,000 sq mi) of boreal forest and muskeg (peat bogs) and contain about 1.7 trillion barrels (270 × 10 ^ 9 m 3) of bitumen in-place, comparable in magnitude to the world's total proven reserves of conventional petroleum. The Athabasca deposit is the largest known reservoir of crude bitumen in the world and the largest of three major oil sands deposits in Alberta, along with the nearby Peace River and Cold Lake deposits (the latter stretching into Saskatchewan). These oil sands, hosted primarily in the McMurray Formation, consist of a mixture of crude bitumen (a semi-solid rock-like form of crude oil), silica sand, clay minerals, and water. The Athabasca oil sands, also known as the Athabasca tar sands, are large deposits of bitumen or extremely heavy crude oil, located in northeastern Alberta, Canada – roughly centred on the boomtown of Fort McMurray.
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Syncrude, Suncor Energy, Canadian Natural Resources, Total S.A., Imperial Oil, Petro Canada, Devon Energy, Husky Energy, Statoil, NexenĬhevron Corporation, Marathon Oil, ConocoPhillips, BP, Occidental Petroleumġ,300,000 barrels per day (~6.5 × 10 ^ 7 t/a) ġ33,000 million barrels (~1.81 × 10 ^ 10 t) Use the lead layout guide to ensure the section follows Wikipedia's norms and is inclusive of all essential details. The reason given is: The opening paragraph makes claims that are poorly verified and vague. The lead section of this article may need to be rewritten.
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