View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
December 2, 2021updated 27 Apr 2022 1:00pm

Syncrude (Syncrude Canada Ltd.) Oil Sands Field, Canada

By Carmen

Syncrude (Syncrude Canada Ltd.) is a producing oil sands field located onshore Canada and is operated by Syncrude Canada.

Three expansion projects are associated with the Syncrude (Syncrude Canada Ltd.) oil sands field, namely Syncrude Aurora South Phases 1 and 2, Mildred Lake/Aurora Stage 3 Debottleneck and Mildred Lake Mine Extension (MLX). The expansion projects are currently in the feasibility and approval stage.

Field participation details

The field is owned by Suncor Energy, Exxon Mobil, China Petrochemical and China National Offshore Oil.


Production from Syncrude (Syncrude Canada Ltd.)

The Syncrude (Syncrude Canada Ltd.) oil sands field recovered 46.07% of its total recoverable reserves, with peak production expected in 2036. The peak production will approximately 370.76 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2060. The field currently accounts for approximately 4% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 4,103.52 Mmboe, comprised of 4,103.52 Mmbbl of crude oil & condensate. Syncrude (Syncrude Canada Ltd.) oil sands field reserves accounts 10.77% of total remaining reserves of producing oil sands fields globally.


Contractors involved in the Syncrude (Syncrude Canada Ltd.) oil sands field

The key contractors involved in the Syncrude (Syncrude Canada Ltd.) project as follows.

Other Contractors: Fluor

About Syncrude Canada

Syncrude Canada Ltd (Syncrude) is an oil sand research company that offers the production of crude oil from oil sands. The company offers and develops oil sands technologies to improve the performance of the oil and gas industry. It also provides syncrude leases, research and development, mining, extraction, upgrading, utility services, reclamation services, and others. Syncrude operates bitumen extraction plants and oil sand mines. The company upgrades facility and utility plant that processes bitumen and produces crude oil. It has operations in Alberta and Edmonton, Canada. Syncrude 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