Christina Lake (MEG Energy Corp.) is a producing oil sands field located onshore Canada and is operated by MEG Energy.
Three expansion projects are associated with the Christina Lake (MEG Energy Corp.) oil sands field, namely Christina Lake Phase 3A, Christina Lake Phase 3B and Christina Lake Phase 3C. The expansion projects are currently in the approval stage.
Field participation details
The field is owned by MEG Energy.
Production from Christina Lake (MEG Energy Corp.)
The Christina Lake (MEG Energy Corp.) oil sands field recovered 20.51% of its total recoverable reserves, with peak production expected in 2036. The peak production will approximately 96.87 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2062. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 1,062 Mmboe, comprised of 1,062 Mmbbl of crude oil & condensate. Christina Lake (MEG Energy Corp.) oil sands field reserves accounts 2.79% of total remaining reserves of producing oil sands fields globally.
Contractors involved in the Christina Lake (MEG Energy Corp.) oil sands field
Some of the key contractors involved in the Christina Lake (MEG Energy Corp.) project as follows.
Design/FEED Engineering: SNC-Lavalin Group
Other Contractors: General Electric and SNC-Lavalin Group
About MEG Energy
MEG Energy Corp (MEG) is an oil and gas company that develops and produces oil sands and bitumen. The company operates Christina Lake, May River and Surmont projects. These projects are situated in the Alberta region. It operates central processing facility (CPF), which utilizes closed loop process that balances environmental impacts and maximizes efficiency. It also operates other technologies, comprising steam-assisted gravity drainage, cogeneration, Hi-Q field pilot, and eMSAGP. The company also has access to pipelines through Stonefell storage facility, which provides certain marketing advantages to its production. The company has operations in the US and Canada. MEG 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.