Athabasca Oil Sands Project (CNRL) is a producing oil sands field located onshore Canada and is operated by Canadian Natural Resources.
Three expansion projects are associated with the Athabasca Oil Sands Project (CNRL) oil sands field, namely Jackpine Phase 1B, Jackpine Expansion and Muskeg River Expansion & Debottlenecking. The expansion projects are currently in the approval stage.
Field participation details
The field is owned by Chevron, Shell and Canadian Natural Resources.
Production from Athabasca Oil Sands Project (CNRL)
The Athabasca Oil Sands Project (CNRL) oil sands field recovered 23.30% of its total recoverable reserves, with peak production in 2021. The peak production was approximately 330.58 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2083. The field currently accounts for approximately 4% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 3,939.22 Mmboe, comprised of 3,939.22 Mmbbl of crude oil & condensate. Athabasca Oil Sands Project (CNRL) oil sands field reserves accounts 10.34% of total remaining reserves of producing oil sands fields globally.
Contractors involved in the Athabasca Oil Sands Project (CNRL) oil sands field
The key contractors involved in the Athabasca Oil Sands Project (CNRL) project as follows.
Other Contractors: Iracore International
About Canadian Natural Resources
Canadian Natural Resources Ltd (Canadian Natural) is an independent upstream oil and gas company. It carries out acquisition, exploration, development, production, marketing and sale of crude oil, natural gas and natural gas liquids (NGLs). The company’s product offering includes light and medium crude oil and NGLs, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), synthetic crude oil (SCO) and natural gas. Canadian Natural’s operations are focused in North America, mostly in Western Canada; the UK portion of the North Sea; and offshore Africa. The company maintains certain midstream activities within Western Canada that includes an electricity co-generation system, pipeline operations, and an equity interest in the North West Redwater Partnership. Canadian Natural is headquartered in Calgary, Alberta, Canada.
Methodology
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.