FIVE YEARS OF PROGRESS
It is planned to transport oil and gas from the Beaufort Sea by essentially conventional methods, that is, tankers and pipelines. Because of its flexibility and substantially lower capital investment, a marine system using icebreaking tankers would be the most attractive for the initial phase of development. As sufficient reserves are developed and production capability is defined, pipeline systems can be sized and usually become economically attractive. When they do, it is expected that serious consideration will be given to building a pipeline to southern markets. Marine transportation of oil or gas has a number of advantages as follows: (1) Marine systems are economically justifiable at much lower threshold reserves than are pipeline transportation systems; (2) Marine systems are conducive to southern construction; (3) Marine systems offer the flexibility of delivering the product to various market areas without substantial increases in cost and (4) Commitments to size can be made incrementally as reserves and production rates are developed. A pipeline system requires much more certain information to justify the associated financial commitment. The document outlines the company's exploratory activities and plans in the Beaufort Sea.
Dome Petroleum LimitedP.O. Box 200
Calgary, Alberta T2P 2HA, Canada
- Publication Date: 1980-2
- Pagination: n.p.
- TRT Terms: Economic analysis; Economics; Freight transportation; Ice navigation; Icebreakers; Petroleum; Pipeline transportation; Pollution control; Propulsion; Ship pilotage; Shipping; Tankers
- Geographic Terms: Arctic Regions
- Old TRIS Terms: Arctic navigation; Arctic oil transportation; Arctic shipping; Tanker pollution prevention; Twin screws
- Subject Areas: Economics; Freight Transportation; Geotechnology; Marine Transportation; Pipelines;
- Accession Number: 00312342
- Record Type: Publication
- Files: TRIS
- Created Date: Oct 27 1980 12:00AM