WebBitumen Valuation Methodology: CAPP: Canadian Association of Petroleum Producers: CARE: Cost Analysis and Reporting Enhancement: CARS: Corporate Accounting Revenue System: CCS: ... Western Canadian Select (blended bitumen) WTI: West Texas Intermediate: Contact. Connect with Oil Sands, Coal and Mineral Operations: ... WebAug 8, 2013 · Clark’s method is still used today. Oil sand, as mined commercially, contains an average of 10-12 per cent bitumen, 83-85 per cent mineral matter and 4-6 per cent water. A film of water coats most of the mineral matter, and this property permits extraction by the hot-water process.

Why is Bitumen Used in Road Construction? Properties …

WebBitumen Valuation Methodology (Ministerial) Regulation. Letters sent by the Department of Energy (Alberta Energy) to operators with projects subject to BVM in late 2008 and early 2009 instructed these operators to value their bitumen based on the rolling average of the last 6 density measurements. Under the authority of section 6 of the WebPartial upgrading of bitumen (PUB) improves the quality (increases the value) of crude oil from bituminous sands to the level where pipeline specifications are met without—or with reduced use... css ignore inherited styles

Bitumen Valuation Methodology (BVM) components - Open …

Web• Provided monthly updates for oil sands royalty rate, Bitumen Valuation Methodology (BVM) components, and the long-term bond rate. • Provided research and analysis for ad hoc requests from... WebA sixteen sector dynamic general equilibrium tax model with and without announcement effects for open and closed capital markets is used to evaluate efficiency gains and transitional effects from... WebGovernment of Alberta calling for the removal of the Bitumen Valuation Methodology 2. That RMA not join CAPP’s Upgrade Alberta Coalition at this time 3. That RMA submits a letter to Alberta Energy requesting more information on the Bitumen Valuation Methodology and request an update on whether consultations on the Bitumen cssi humansoft