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April 28, 2022

Corner (Athabasca Oil Corporation) Oil Sands Field, Canada

By Carmen

Corner (Athabasca Oil Corporation) is a oil sands development located onshore Canada and is operated by Athabasca Oil.

The project is currently in approval stage and is expected to start commercial production in 2030.

Field participation details

The field is owned by Athabasca Oil.


Production from Corner (Athabasca Oil Corporation)

Production from the Corner (Athabasca Oil Corporation) oil sands development project is expected to begin in 2030 and is forecast to peak in 2032, to approximately 39,920 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2077.


Remaining recoverable reserves

The field is expected to recover 474.12 Mmboe, comprised of 474.12 Mmbbl of crude oil & condensate.


About Athabasca Oil

Athabasca Oil Corp (Athabasca) is an upstream energy company that focuses on exploration, development and production of bitumen, light oil and liquids-rich natural gas from oil sands and related assets. The company employs multi-stage fracturing and horizontal drilling technology from unconventional reservoirs to produce oil. It owns assets in the Athabasca oil sands region of northeastern Alberta, Canada. Athabasca has contingent resources in areas, namely, Hangingstone, Dover West Sands, Dover West Carbonates, Dover, Birch, and Grosmont. The company operates Light Oil assets in Kaybob Area and Simonette Area, and holds rights in Duvernay, Montney, and Nordegg Formations. Athabasca 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.

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