View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
December 7, 2021updated 27 Apr 2022 12:57pm

Lloydminster Thermal (Cenovus Energy Inc.) SK Oil Sands Field, Canada

By Carmen

Lloydminster Thermal (Cenovus Energy Inc.) SK is a producing oil sands field located onshore Canada and is operated by Cenovus Energy.

Five expansion projects are associated with the Lloydminster Thermal (Cenovus Energy Inc.) SK oil sands field, namely Spruce Lake North, Edam Central, Westhazel, Dee Valley 2 and Spruce Lake East. The expansion projects are currently in the construction and approval stage.

Field participation details

The field is owned by Cenovus Energy.


Production from Lloydminster Thermal (Cenovus Energy Inc.) SK

The Lloydminster Thermal (Cenovus Energy Inc.) SK oil sands field recovered 21.09% of its total recoverable reserves, with peak production expected in 2039. The peak production will approximately 100.53 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2068. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 1,128.85 Mmboe, comprised of 1,128.85 Mmbbl of crude oil & condensate. Lloydminster Thermal (Cenovus Energy Inc.) SK oil sands field reserves accounts 2.96% of total remaining reserves of producing oil sands 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.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Offshore Technology