May River (MEG Energy Corp.) is a oil sands development located onshore Canada and is operated by MEG Energy. 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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The project is currently in approval stage and is expected to start commercial production in 2026. The development cost is expected to be $192 m.
Field participation details
The field is owned by MEG Energy.
Production from May River (MEG Energy Corp.)
Production from the May River (MEG Energy Corp.) oil sands development project is expected to begin in 2026 and is forecast to peak in 2031, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2081.
Contractors involved in the May River (MEG Energy Corp.) oil sands field
The key contractors involved in the May River (MEG Energy Corp.) project as follows.
Other Contractors: GLJ Petroleum Consultants
About MEG Energy
MEG Energy Corp. (MEG) is an energy company primarily engaged in the production of sustainable situ thermal oil. The company's main activities include the development of innovative enhanced oil recovery projects that utilize steam-assisted gravity drainage (SAGD) extraction methods. MEG's primary product is thermal oil, known as Access Western Blend (AWB), which is sold to it customers. The company serves customers located in North America and across the world, while contributing to various industries that require thermal oil. MEG is a member of the Pathways Alliance, a collective of Canada’s largest oil sands producers. The company operates in the southern Athabasca oil region of Alberta, Canada, where it holds a working interest in mineral leases. MEG Energy Corp. is headquartered in Alberta, Canada.
For more details on the May River (MEG Energy Corp.) Oil Sands Field, buy the profile here.
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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.
