OIL & GASBitumen

Clearwater Formation (Cold Lake)

Clearwater / Grand Rapids Formation — Cold Lake oil sands

Cold Lake bitumen deposit — primarily SAGD rather than mining, so heat, water and reservoir depth drive value more than overburden.

VALUE UNDER EACH SCENARIO

How the price deck moves this asset

Scenario	Price index	Recoverable	Economic	Clears break-even
Reference	1.00×	$14T	$12T	87%
High Oil Price	1.57×	$21T	$21T	100%
Low Oil Price	0.50×	$7T	$3T	43%
Energy Transition	0.78×	$11T	$7T	68%
High Demand	1.28×	$17T	$17T	100%
Supply Shock	1.67×	$23T	$23T	100%
User Defined	1.00×	$14T	$12T	87%

Driver: oil-linked. Use the Scenario Laboratory sliders on the map for arbitrary assumptions.

SURVEY COVERAGE

Geology of Alberta — bedrock geology compilationAlberta Geological Survey (AGS) · Bedrock geology · 1:1,000,000 compilation over 1:50,000 ATS mappingHarmonizedPublication ↗
3D geological framework and depth models of AlbertaAlberta Geological Survey (AGS) · Subsurface geometry · 3D grids, 400–1,600 m cells; formation tops from AER well controlHarmonizedPublication ↗

Bedrock & surficial geology compilation — Alberta Geological Survey + GSC, Province-wide at 1:100,000 to 1:1,000,000 (ATS-tiled) (Harmonized)
3D geological framework & depth models — Alberta Geological Survey, Province-wide 3D grids, 400–1,600 m cells (Harmonized)

PROVENANCE

L13 · AGS Open Data Portal (surficial and bedrock geology)Alberta Geological Survey · Land · FreeSource ↗
L04 · Alberta interactive energy and minerals mapsGovernment of Alberta · Land · FreeSource ↗