A decade of staged oil sands growth (2010-2020)

August 2011 A Decade of Staged Oil Sands Growth xiii (2010-2020) Case 3 Over the 2010-2020 period, the estimated investments, reinvestments, and revenues from operation of the oil sands projects under Case 1 and Case 2 plus projects that can be accommodated by the Northern Gateway pipeline are $1,150 billion. [...] If this new oil sands facility adds 5,000 BPD capacity in the second year and hires 25 more employees to operate the new facility, in the second year the in situ project has created and preserved 0.085 thousand person years of employment. [...] In particular, the industry is optimistic over the potential growth in production from the Cardium and Viking oil plays in Alberta, which promises an increase in production volumes similar to that witnessed recently from the Bakken formation in Saskatchewan. [...] If the Keystone XL and the Northern Gateway pipelines are approved, several of the approved oil sands projects will advance construction schedules within the limits of labour and materials availability. [...] The portion of under construction projects that will fill the existing pipelines is determined by the difference between Case 1 total production4 and the existing pipeline capacity.