SAGD is a relatively new method of oil extraction and recovery in Alberta oil and gas\nindustry and the number of new SAGD plants in Alberta is expected to increase within this\ndecade. The paper discusses the interviews finding of benchmarking characteristics of the\nSAGD projects. The research reviewed and analysed definition of capacity, main features, life\ncycle/ phases of SAGD projects and also major risks associated with it. A qualitative research\nmethodology was employed in investigating the characteristics of SAGD projects. Interviews\nwere conducted with industry practitioners, which contained open-ended questions. The\nresult found the definition of capacity of SAGD projects is barrels/day and from the lifecycle\nof SAGD projects procurement/cosntruction phase is 75% of the total project cost while other\nphase in total constiutues the 25% of the total cost of the project. On the schedule prospective,\nprocurement/construction phase constitute the 55% of the total project duration. This method\nhas the potential to contribute to a reduction in cost and schedule overruns and improves\nSAGD project performance. It is concluded that the results of the study will help in achieving\na higher rate of productivity in the Alberta oil and gas industry.
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