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  1. Market Data
May 2, 2022

Lloydminster Cold & EOR (Cenovus Energy Inc.) AB/SK Heavy Oil Field, Canada

By Carmen

Lloydminster Cold & EOR (Cenovus Energy Inc.) AB/SK is a producing heavy oil field located onshore Canada and is operated by Cenovus Energy.

Field participation details

The field is owned by Cenovus Energy.


Production from Lloydminster Cold & EOR (Cenovus Energy Inc.) AB/SK

The Lloydminster Cold & EOR (Cenovus Energy Inc.) AB/SK heavy oil field recovered 6.34% of its total recoverable reserves, with peak production expected in 2023. The peak production will approximately 20.79 thousand bpd of crude oil and condensate and 11 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2060.


Remaining recoverable reserves

The field is expected to recover 118.62 Mmboe, comprised of 109.47 Mmbbl of crude oil & condensate and 54.85 bcf of natural gas reserves. Lloydminster Cold & EOR (Cenovus Energy Inc.) AB/SK heavy oil field reserves accounts 0.27% of total remaining reserves of producing heavy oil fields globally.


About Cenovus Energy

Cenovus Energy Inc (Cenovus) is an integrated energy company, which explores for, develops, produces and markets crude oil, natural gas liquids (NGLs) and natural gas. It focuses on the reserves of conventional assets and oil sands in the Athabasca region of northeastern Alberta and British Columbia. The oil sands assets of Cenovus include producing fields such as Foster Creek, Christina Lake, Narrows Lake and other fields under development. The company also has deep basin assets in Elmworth-Wapiti, Kaybob-Edson, and Clearwater operating areas. It also conducts marketing and owns interests in refineries such as Wood River in Illinois and Borger in Texas, the US. Cenovus 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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