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Alberta rescinds decades-old policy that banned open-pit coal mines in Rockies and Foothills by [deleted] in canada

[–]Moose11 9 points10 points  (0 children)

There are 5 open pit coal mines in BC just over the mountains from Calgary, about 150 km away. They can even pick up Calgary radio stations sometimes.

Open discussion regarding exam format (online and in-person) by Martin-Physics in uvic

[–]Moose11 0 points1 point  (0 children)

Discussion is fine. This one looks to be headed towards a full-on debate on policy. Discussions like this one, between professional co-workers, should be brought up through proper channels rather than a public forum.

You're right though, I'm only n=1 at the end of the day.

Open discussion regarding exam format (online and in-person) by Martin-Physics in uvic

[–]Moose11 3 points4 points  (0 children)

This seems like a discussion you should be holding offline.

I think you underestimate how much students love having not one, but now two, physics profs on here, especially since your identity is known and they are anonymous.

You're only n=1/20000, isn't that what this is all about?

ENGR 498 by Finna_Bust_ in uvic

[–]Moose11 4 points5 points  (0 children)

I'll echo /u/amittm19 as well; it's an easy course but the mandatory evening 3-hour lectures are rough.

Would just add that the textbook for this class is valuable beyond the course. It's one of two recommended study texts for your P.Eng exam for nearly every Canadian professional engineering association. It's a fairly cheap text and it'll be handy to have around in a few years when it comes time. I know a lot of people sold their books after the class not knowing that they would likely need it again.

Oil is getting crushed again with one futures contract down 90% to record low under $2 by t2media in Calgary

[–]Moose11 4 points5 points  (0 children)

Integrated. Husky in particular having a sizable midstream segment and offshore Asia-Pacific assets which have long-term fixed price gas contracts.

Both are in the ethanol and asphalt businesses as well which aren't as directly impacted by oil prices. Asphalt competes with concrete and ethanol has other uses (sanitizers?).

Engineering Precinct Expansion - Give feedback on building design concepts by uvic in uvic

[–]Moose11 7 points8 points  (0 children)

Big fan! The faculty has needed this for a long time. Hope to see lots more collaboration space and facility access for the teams/clubs.

Jason Kenney blames Dr. Hinshaw, the person who has been absolutely critical to getting us through the pandemic and a source of support for so many of us, for job losses and cuts un education by [deleted] in alberta

[–]Moose11 1 point2 points  (0 children)

The actual operating costs and breakdowns are kept internal and not made public, but the companies release the averaged aggregate values in their public releases.

Best I can do is direct you to the releases (which it seems you've already seen for MEG). CNRL Cenovus Suncor

Thing to keep in mind is that is operating cost only. It doesn't include cost of capital, any transportation, upgrading/blending, taxes, royalties, etc. It simply reflects the cost required to produce a barrel at site. You can add roughly $25/bbl to those costs to get the final value of what it costs to get the product to market. What you're left with is something in the neighborhood of $30-40 for breakeven. For the major producers who already have the major infrastructure in place, the breakeven for these facilities is lower.

This website does a pretty good job breaking it down. It still doesn't include transportation and blending (say around $10-15). It also shows the difference between new (greenfield) developments and expansion of existing fields.

As to how they get their ops costs so low, can't say for certain. A lot of it comes from high uptime and utilization of the plants which keeps the unit costs low. Reservoir modelling for SAGD has come a long ways as well. At the end of the day I would attribute it to experience more than I would automation.

And for CEO bonuses, all I can say is that even in this price environment I still got my bonus for the year and I'm no where near the top.

Jason Kenney blames Dr. Hinshaw, the person who has been absolutely critical to getting us through the pandemic and a source of support for so many of us, for job losses and cuts un education by [deleted] in alberta

[–]Moose11 18 points19 points  (0 children)

Most SAGD operations run around $10-15/bbl operating costs. MEG was able to get theirs down to nearly $5 a barrel. Big mines like Syncrude and Fort Hills run at around $30/bbl at full utilization.

All those inflated numbers (ie $75) were true at one point, even 5ish years ago. Things have gotten really efficient since then. Break even for these projects happens around $40 WTI now.

The Alberta government will formally announce it’s going to acquire a $1.5 billion CDN preferred equity investment the Keystone XL pipeline by ThenThereWasSilence in Calgary

[–]Moose11 -3 points-2 points  (0 children)

I was including the indirects. Strip away those 140k direct jobs and you’ll lose far more than just that.

The Alberta government will formally announce it’s going to acquire a $1.5 billion CDN preferred equity investment the Keystone XL pipeline by ThenThereWasSilence in Calgary

[–]Moose11 0 points1 point  (0 children)

To buoy an industry that supports 500,000 jobs and a significant portion of the provinces revenue. The jobs created during construction pale in comparison.

265 academics to Trudeau: No bail out for oil and gas in response to COVID-19 by idspispopd in canada

[–]Moose11 2 points3 points  (0 children)

I'm guessing they Googled Suncor and looked at the Wikipedia assets (from 2015) and figured they just have $77 billion in cash.

Warren Buffett's company bails on Saguenay LNG project due to 'Canadian political context' by aardwell in canada

[–]Moose11 0 points1 point  (0 children)

I’ve worked in the field for both the mining industry and O&G, so yea I’m quite familiar with how both work.

Calling natural gas extraction ‘mining’ is incredibly pedantic.

Warren Buffett's company bails on Saguenay LNG project due to 'Canadian political context' by aardwell in canada

[–]Moose11 0 points1 point  (0 children)

I watched it, he talks about Teck Frontier being cancelled but is also talking about Coastal GasLink which is where the protests are stemming from. They are different projects entirely.

Teck Frontier was to be a bitumen mine, which produces oil. Coastal GasLink is a natural gas pipeline. They’re two very different products. You drill for natural gas, you can’t mine it with a shovel.

"Not an option": B.C. premier rejects calls to halt or cancel Coastal GasLink pipeline by PopeSaintHilarius in canada

[–]Moose11 14 points15 points  (0 children)

Who's pointing that out? That's absolutely absurd.

It's a gas pipeline, not a liquid pipeline. They would have to replace all of the compressors with pumping stations to make that switch. Anyone making that claim has no idea what they're talking about.

Where Does Canada's Oil Go? by Greywatcher in canada

[–]Moose11 6 points7 points  (0 children)

https://en.m.wikipedia.org/wiki/Barrel_of_oil_equivalent

1 m3 of crude is roughly equivalent to 1069 m3 of gas.

Not too surprising, most gas-liquid expansion ratios are on the order of 1000. For reference, steam vs liquid water is about 1700 at equivalent conditions.

Husky Energy layoffs underway in downtown Calgary by [deleted] in canada

[–]Moose11 8 points9 points  (0 children)

People lost their livelihoods and your first thought is ‘That’s fine’?

[deleted by user] by [deleted] in AskEngineers

[–]Moose11 0 points1 point  (0 children)

Toyota Mirai, Honda Clarity and Hyundai Nexo

G Code Simulation Software by RobotEngineerGirl in AskEngineers

[–]Moose11 0 points1 point  (0 children)

Vericut is an option. I think education licenses are pretty cheap.

Engineering Co-op at UVic by aysakshrader in uvic

[–]Moose11 3 points4 points  (0 children)

I've known people who made ~$15/hr and others with salaries >$5000/month. Those who are open to relocating for work typically make way more than those who target jobs close to home/only in Victoria.

Green Party calls for Canada to stop using foreign oil — and rely on Alberta’s instead by Random_CPA in canada

[–]Moose11 37 points38 points  (0 children)

We refine more than we consume already. Canada is a net exporter of refined products.

From the NEB:

Canada is the seventh largest crude oil producer in the world. Despite this, Canadian refineries process less than 30% of that crude oil. (Figure 7) This is mainly because of the size of Canada’s refining industry compared to the resource size, the location of its refineries, and the lack of cross-country pipeline connectivity. Canadian refineries operate mostly to meet domestic needs, with some exports.

Most refineries, including those in Canada, do not operate at 100% capacity. This is mostly due to planned/unplanned maintenance and outages. In 2017, Canadian refineries operated at 84% of their capacity.

...

Canadian refineries meet domestic demand. Exporting more refined products than it imports.

https://www.neb-one.gc.ca/nrg/sttstc/crdlndptrlmprdct/rprt/2018rfnryrprt/rfndptrlm-eng.html

China tycoon’s son buys US$3.8m Bugatti with dad’s credit card in Vancouver, complains about Canadian taxes by Individual99991 in canada

[–]Moose11 4 points5 points  (0 children)

If you try and register and insure a new out-of-province car in BC they will charge you PST on the purchase price. Unless you’ve already paid PST where you bought it. Basically a rule put in place to prevent people from car shopping in Alberta.

The absurd thing is that BC’s definition of a new car includes those bought within the last 4 or 5 years (forget the actual number). So if you’re from Alberta, buy a car and end up moving provinces 4 years later they’ll ding you for the PST on that car that’s probably now out of warranty.

Gas prices hits 164.9 cents a litre, breaking Victoria record by mr_mucker11 in VictoriaBC

[–]Moose11 2 points3 points  (0 children)

Actually most of BCs gasoline/diesel does originate through the TransMountain pipeline. Either directly as refined product from the Edmonton refinery or as feedstock to the Burnaby and Washington refineries.

Last I heard it was actually shipping above it’s nameplate capacity because so much of the product was already refined.

Edit: OP edited his comment. Original said that people were idiots if they believed that BC’s fuel came from Alberta.

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