Kearl Oil Sands Project (Imperial Oil Limited) is a producing oil sands field located onshore Canada and is operated by Imperial Oil.
An expansion project is associated with the Kearl Oil Sands Project (Imperial Oil Limited), namely Kearl In-Pit Tailings Project. This project is currently in the construction stage, expected to start in 2023.
Field participation details
The field is owned by Exxon Mobil.
Production from Kearl Oil Sands Project (Imperial Oil Limited)
The Kearl Oil Sands Project (Imperial Oil Limited) oil sands field recovered 24.20% of its total recoverable reserves, with peak production in 2021. The peak production was approximately 281.3 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2058. The field currently accounts for approximately 4% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 1,851.55 Mmboe, comprised of 1,851.55 Mmbbl of crude oil & condensate. Kearl Oil Sands Project (Imperial Oil Limited) oil sands field reserves accounts 4.86% of total remaining reserves of producing oil sands fields globally.
Contractors involved in the Kearl Oil Sands Project (Imperial Oil Limited) oil sands field
The key contractors involved in the Kearl Oil Sands Project (Imperial Oil Limited) project as follows.
EPC Contractors: Worley
About Imperial Oil
Imperial Oil Ltd (Imperial Oil), a subsidiary of Exxon Mobil Corporation, is an integrated energy company. It has a presence in the value chain in petroleum industry including the exploration, production and sale of crude oil and natural gas. The company explores for and produces crude oil, natural gas, synthetic oil and bitumen. Its downstream operations consist of the transportation and refining of crude oil, blending, distribution and marketing of refined products. The company also manufactures and markets various petrochemicals. It sells petroleum products through coast to coast supply and a retail network. The company operates refineries in Strathcona, Sarnia and Nanticoke, Canada. Imperial Oil is headquartered in Calgary, Alberta, Canada.
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.