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Devon Energy

14 bytes added, 14:39, 30 May 2013
added internal link for tar sands
==Devon Energy and Tar Sands==
Devon Energy is one of the largest [[Tar sands|oil sands ]] developers and a leader in Steam Assisted Gravity Drainage (SAGD) technology.<ref>Claudia Cattaneo,[http://business.financialpost.com/2011/07/21/canada-to-monitor-oil-sands-pollution-eyes-keystone-pipeline/?__lsa=e120-90cb Canada to Monitor Oil Sands Pollution], Financial Post, November 7th, 2012.</ref> In 2010, Devon was already producing 35,000 barrels a day from their Canadian Jackfish I and II projects with plans to "expand its production to 200,000 barrels a day by 2020, in part through a second project with BP."<ref>Clifford Krauss and Elisabeth Rosenthal,[http://www.nytimes.com/2010/05/19/business/energy-environment/19sands.html?pagewanted=all Reliance on Oil Sands Grows Despite Environmental Risks], The New York Times, May 18, 2010.</ref> In the summer of 2012, Devon began the 105,000 barrels a day first phase of their Pike project development.<ref>Markham Hislop,[http://beaconnews.ca/calgary/2012/02/devon-energy-commits-800-million-to-increase-oil-sands-sagd-production/ Devon Energy commits $800 million to increase oil sands SAGD production], Calgary Beacon, February 16th, 2012.</ref> As quoted in [http://beaconnews.ca/calgary/2012/02/devon-energy-commits-800-million-to-increase-oil-sands-sagd-production/ Calgary Beacon], Devons Executive Vice President for exploration and production David Hagar stated "plans to spend approximately $800 million on oil sands projects in 2012,".<ref>Markham Hislop,[http://beaconnews.ca/calgary/2012/02/devon-energy-commits-800-million-to-increase-oil-sands-sagd-production/ Devon Energy commits $800 million to increase oil sands SAGD production], Calgary Beacon, February 16th, 2012.</ref>According to ''The Guardian'', "The production of Tar Sands is estimated by critics to emit three times more greenhouse gasses than conventional oil production."<ref>Terry Macalister,[http://www.guardian.co.uk/business/2010/mar/15/bp-shell-tar-sands-green-energy Money Spent On Tar Sands Projects Could Decarbonise Western Economies], The Gaurdian, March 14, 2010.</ref>
===Devon Bitumen Steam Leak 2006===

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