Blackrod (International Petroleum Corporation) is a producing oil sands field located onshore Canada and is operated by International Petroleum.

Three expansion projects are associated with the Blackrod (International Petroleum Corporation) oil sands field, namely Blackrod Phase 1, Blackrod Phase 2 and Blackrod Phase 3. The expansion projects are currently in the approval stage, targeting start-up during 2024 – 2025.

Field participation details

The field is owned by International Petroleum.


Production from Blackrod (International Petroleum Corporation)

The Blackrod (International Petroleum Corporation) oil sands field recovered 13.51% of its total recoverable reserves, with peak production expected in 2041. The peak production will approximately 0.9 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2068.


Remaining recoverable reserves

The field is expected to recover 9.83 Mmboe, comprised of 9.83 Mmbbl of crude oil & condensate. Blackrod (International Petroleum Corporation) oil sands field reserves accounts 0.03% of total remaining reserves of producing oil sands fields globally.


Contractors involved in the Blackrod (International Petroleum Corporation) oil sands field

Some of the key contractors involved in the Blackrod (International Petroleum Corporation) project as follows.

Design/FEED Engineering: Worley

Other Contractors: Projex Engineers

About International Petroleum

International Petroleum Corp (IPC) is an upstream energy company, which carries out exploration, development and production of oil and gas. It holds interests in Onion Lake project in Saskatchewan; Ferguson Field and Blackrod projects; Ferguson asset and Suffield area assets in Alberta. The company also owns interests in Mooney (EOR) asset in Alberta. The company owns oil and gas assets in France in the Paris Basin and Aquitaine Basin. IPC also holds licenses Bertam field and Offshore Peninsular assets in Malaysia. IPC is headquartered in Vancouver, British Columbia, 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.