The OPTI Advantage is expected to bring a step-change to in-situ oil sands development:
Our proprietary OrCrude™ process, combined with gasification, substantially reduces the requirement for natural gas, typically the largest input cost in an in-situ oil sands project.
In addition, the majority of in-situ bitumen projects being developed are intending to use steam assisted gravity drainage (SAGD) with no on-site upgrading capacity. The use of our integrated OrCrude™ Upgrader lowers our risk as it avoids exposure to fluctuating natural gas prices, heavy oil differentials and rising diluent prices.