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April 28, 2022

Wildwood (Surmont Energy Ltd.) Oil Sands Field, Canada

By Carmen

Wildwood (Surmont Energy Ltd.) is a oil sands development located onshore Canada and is operated by Surmont Energy.

The project is currently in approval stage and is expected to start commercial production in 2024. The development cost is expected to be $507 m.

Field participation details

The field is owned by Surmont Energy.


Production from Wildwood (Surmont Energy Ltd.)

Production from the Wildwood (Surmont Energy Ltd.) oil sands development project is expected to begin in 2024 and is forecast to peak in 2043, to approximately 13,409 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2063.


Remaining recoverable reserves

The field is expected to recover 148.03 Mmboe, comprised of 148.03 Mmbbl of crude oil & condensate.


Contractors involved in the Wildwood (Surmont Energy Ltd.) oil sands field

Some of the key contractors involved in the Wildwood (Surmont Energy Ltd.) project as follows.

Other Contractors: GLJ Petroleum Consultants and Scovan Engineering

About Surmont Energy

Surmont Energy Ltd (Surmont) is a thermal In-Situ oil sands exploration and development company. It focuses on the optimum recovery of bitumen and heavy oil in Northern Alberta. The company currently has secured rights over 12,000 gross acres of oil sands lands in the Athabasca oil sands region of northeast Alberta. It operates its Wildwood SAGD Project by using its (steam-assisted gravity drainage) SAGD technology, which is used to remove bitumen from in situ oil sands deposits located too deep from the surface. Surmont 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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