JACOS


Japan Canada Oil Sands Limited is an oil sands extraction company. It is the operator of the Hangingstone oil sands project. JACOS is a subsidiary of JAPEX.

History

JACOS started oil sands activities in the Athabasca area in 1978 on leases held by Petro-Canada, Canadian Occidental and Imperial Oil to form the PCEJ group. It was the first Asian-owned oil company to exploit the Athabasca oil sands. JACOS and its partners experimented with a cyclic steam stimulation pilot project on the Hangingstone Lease from 1984 to 1994.
In 1992, JACOS parent company JAPEX participated in the Alberta Oil Sands Technology and Research Authority steam-assisted gravity drainage pilot experiments at the underground test facility site. With the positive results from the UTF project, JACOS decided to further pursue SAGD technology at the Hangingstone site. A 3-phase demonstration project was designed and constructed with the first phase becoming operational in 1999.

Operations

The JACOS Hangingstone SAGD facilities are located on Lease OSL70, approximately southwest of Fort McMurray and west of the community of Anzac.
JACOS currently operates the Hangingstone Expansion Project.