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December 2, 2021updated 27 Apr 2022 12:12pm

Primrose-Wolf Lake (CNRL) Oil Sands Field, Canada

By Carmen

Primrose-Wolf Lake (CNRL) is a producing oil sands field located onshore Canada and is operated by Canadian Natural Resources.

Four expansion projects are associated with the Primrose-Wolf Lake (CNRL) oil sands field, namely Primrose North Development, Primrose South Development, Primrose East Development and Primrose Wolf Lake Development. The expansion projects are currently in the approval stage, targeting start-up during 2023.

Field participation details

The field is owned by Canadian Natural Resources.


Production from Primrose-Wolf Lake (CNRL)

The Primrose-Wolf Lake (CNRL) oil sands field recovered 32.07% of its total recoverable reserves, with peak production in 2015. The peak production was approximately 99.42 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2085. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 1,092.82 Mmboe, comprised of 1,092.82 Mmbbl of crude oil & condensate. Primrose-Wolf Lake (CNRL) oil sands field reserves accounts 2.87% of total remaining reserves of producing oil sands fields globally.


About Canadian Natural Resources

Canadian Natural Resources Ltd (Canadian Natural) is an independent upstream oil and gas company. It carries out acquisition, exploration, development, production, marketing and sale of crude oil, natural gas and natural gas liquids (NGLs). The company’s product offering 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 are focused in North America, mostly in Western Canada; the UK portion of the North Sea; and offshore Africa. The company maintains certain midstream activities within Western Canada that includes an electricity co-generation system, pipeline operations, and an equity interest in the North West Redwater Partnership. Canadian Natural 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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