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Maguire Energy Institute Bruce Bullock Maguire Energy Institute

Maguire Energy Institute Bruce Bullock Maguire Energy Institute. Institute History. 30 year-old think tank Part of the SMU Cox School of Business, one of the top U.S. Business schools 30 member Board of Directors 3 full-time staff Bruce Bullock, Director

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Maguire Energy Institute Bruce Bullock Maguire Energy Institute

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  1. Maguire Energy InstituteBruce BullockMaguire Energy Institute

  2. Institute History • 30 year-old think tank • Part of the SMU Cox School of Business, one of the top U.S. Business schools • 30 member Board of Directors • 3 full-time staff • Bruce Bullock, Director • Dr. Bud Weinstein, Associate Director • Marsha Faram, Program Manager

  3. Student • Academic & Enrichment Programs • Energy Clubs • Campus Events • MBA Energy Finance • BBA Energy Concentration Areas of Focus • Policymakers • Influencers • Policy and Research • Studies • Articles • Partnerships • Public • Pitts Lecture Series • Pitts Energy Leadership Award • Other Events

  4. Funded Research Includes • American Wind Energy Association • American Petroleum Institute • Consumer Energy Alliance • Shallow Water Drillers Association • Broome County, New York • Portland Cement Association • Gulf Economic Survival Team

  5. Alberta’s Location Anchorage 2,277 km Alberta Vancouver 817 km Ottawa 2,847km London6,793 km Alberta covers 661,190km2,an area slightly less than Texas New York City 3,270 km Houston 3,018 km Mexico City3,973 km

  6. World oil reserves (billions of barrels - established) Alberta (171) Only 21% of the world’s proven oil reserves are accessible to private sector investment (not state controlled). 53% of the world’s open and accessible reserve are in Alberta’s oil sands. SOURCE: Oil & Gas Journal, January 2011

  7. Economic Highlights Exports Total: US$75.6 Billion

  8. Key Export Markets

  9. What are the oil sands? • Naturally occurring mixture of sand, clay, water and bitumen –a very heavy oil • Bitumen is separated from the sand and upgraded to refinery-ready crude oil

  10. Steam Assisted Gravity Drainage Cyclic Steam Process • 80% of resource • 45% of production Mining • 20% of resource • 55% of production Oil sands: In situ and Mining In situ

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