Horizon (CNRL) is a producing oil sands field located onshore Canada and is operated by Canadian Natural Resources. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Buy the profile here.
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Three expansion projects are associated with the Horizon (CNRL) oil sands field, namely the Horizon Paraffinic Froth Treatment Expansion, the Horizon Vacuum Gas Oil Sales Expansion and the Horizon Fractionation Tower Debottleneck. The expansion projects are currently in the feed, approval and commissioning stage.
Field participation details
The field is owned by Canadian Natural Resources.
Production from Horizon (CNRL)
The Horizon (CNRL) oil sands field recovered 23.44% of its total recoverable reserves, with peak production expected in 2039. Based on economic assumptions, production will continue until the field reaches its economic limit in 2075. The field currently accounts for approximately 3% of the country’s daily output.
Contractors involved in the Horizon (CNRL) oil sands field
Some of the key contractors involved in the Horizon (CNRL) project as follows.
Design/FEED Engineering: Stantec
Other Contractors: Royal IHC and Aptim
About Canadian Natural Resources
Canadian Natural Resources Ltd (Canadian Natural) is an independent upstream oil and gas company. It carries out the acquisition, exploration, development, production, marketing and sale of crude oil, natural gas and natural gas liquids (NGLs). The company’s product portfolio includes light and medium crude oil and NGLs, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), synthetic crude oil (SCO) and natural gas. Canadian Natural's operations focus on North America, especially in Western Canada; the UK portion of the North Sea; and offshore Africa. In Western Canada, it manages an electricity co-generation system, and pipeline operations and has equity interest in the North West Redwater Partnership. Canadian Natural is headquartered in Calgary, Alberta, Canada.
For more details on the Horizon (CNRL) Oil Sands Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
