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December 2, 2021

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 46.08% of its total recoverable reserves, with peak production expected in 2022. The peak production will approximately 357.45 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2058. The field currently accounts for approximately 4% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 3,953.69 Mmboe, comprised of 3,953.69 Mmbbl of crude oil & condensate. Syncrude (Syncrude Canada Ltd.) oil sands field reserves accounts 11.48% 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

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About Syncrude Canada

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