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Sourced from company releases, the Energy Resources Conservation Board and the Daily Oil Bulletin, with files from Strategy West. For changes and updates, please contact Deborah Jaremko at [email protected].
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CURRENT PROJECT CAPACITY START-UP REGULATORY STATUS
NORTH ATHABASCA REGION — MININGCanadian Natural Resources Limited
Horizon Updated: Dec 2012
Canadian natural says it continues its strategy of staged expansion to 250,000 barrels per day and work remains on track. Projects currently under construction are trending at or below estimates.
Phase 1 135,000 2008 operating
Phase 2a 10,000 2014 Construction
Phase 2B 45,000 tBd approved
Phase 3 80,000 tBd approved
tranche 2 5,000 2012 operating
Imperial Oil Limited
• Kearl Updated: Jan 2013
imperial oil says that start-up of Kearl is underway—which was supposed to start operating in december—but is delayed due to cold weather and earlier issues with transportation of modules from Korea.
Phase 1 110,000 2013 Construction
Phase 2 110,000 2015 Construction
Phase 3 debottleneck 70,000 2020 approved
Shell Albian Sands
• Jackpine Updated: Dec 2012
a decision from the federal joint review panel on the Jackpine project is expected in May 2013.
expansion 100,000 2017 application
Phase 1a 100,000 2010 operating
Phase 1B 100,000 tBd approved
Muskeg River Updated: Nov 2012
Commercial 155,000 2002 operating
expansion & debottlenecking 115,000 tBd approved
Pierre River Updated: Aug 2012
a joint review panel of the Canadian environmental assessment agency and energy Resources Conservation Board has been established to review the proposed Pierre River mine project. the timeline for the joint review panel to submit its report is 550 days (18 months) from coming into force in July 2012.
Phase 1 100,000 2018 application
Phase 2 100,000 tBd application
Suncor Energy Inc.
Base Operations Updated: Dec 2012
suncor says it has started up its new Millennium naphtha unit and has run it at full rates. the unit is expected to stabilize secondary upgrading capacity and provide flexibility during maintenance activ-ities for secondary upgrading units in the future.
Millennium debottlenecking 23,000 2008 operating
Millennium Mine 294,000 1967 operating
north steepbank extension 180,000 2012 operating
steepbank debottleneck Phase 3 4,000 2007 operating
CURRENT PROJECT CAPACITY START-UP REGULATORY STATUS
Fort Hills Updated: Dec 2012
suncor and partner total continue to review development timelines for fort Hills.
debottleneck 25,000 tBd approved
Phase 1 165,000 2016 approved
voyageur South Updated: May 2012
suncor considers Voyageur south to be a “longer-term” project and has not confirmed a start-up date.
Phase 1 120,000 tBd application
Syncrude Canada Ltd.
Mildred Lake/Aurora Updated: Oct 2012
syncrude has announced it is embarking on a new mine extension project at Mildred lake, which will be known as the MlX project. Canadian oil sands says MlX will leverage investment in the two mine trains currently being constructed, enabling syncrude to extend the life of Mildred lake mining operations by about a decade. Project scoping is underway, and pending regulatory approval, con-struction and spending would commence in the next 10 years.
aurora south train 1 100,000 2016 approved
aurora south train 2 100,000 2018 approved
Base Mine stage 1 & 2 expansion 290,700 1978 operating
stage 3 expansion 116,300 2006 operating
Teck Resources Limited
Frontier Updated: Oct 2012
teck says it received the final supplemental information requests relating to the frontier regulatory application in Q3/2012 and anticipates responding in early 2013.
Phase 1 75,000 2021 application
Phase 2 80,000 2024 application
Phase 3 80,000 2027 application
Phase 4 equinox 40,000 2030 application
Total E&P Canada Ltd.
Joslyn North Mine Updated: Jul 2012
Project partner suncor energy says submit development plans will be submitted to the companies’ respective boards of directors for a sanctioning decision in 2013.
Phase 1 100,000 2018 approved
NORTH ATHABASCA REGION — IN SITUAthabasca Oil Corporation
Birch Updated: Dec 2012
aos says $28.9 million was spent at Birch in the first nine months of 2012, mainly on drilling of one water and 22 delineation wells. in addition, the company shot 54 square kilometres of 3d seismic. winter delineation drilling and seismic programs are being evaluated for 2013.
Phase 1 12,000 tBd announced
Dover West Carbonates (Leduc) Updated: Dec 2012
aos says regulatory approval for the demonstration project is anticipated imminently. the design basis memorandum is complete and the engineering design specification work is well underway. Construction is also ongoing on a tagd-related heater assembly facility near strathmore, alta.
Phase 1 demonstration 6,000 2015 application
Phase 2 demonstration 6,000 tBd application
40 oilsands ReView | FEBRUARY 2013
P R o J e C t s tat u s
project statusPeace River Region
Athabasca Region
Northwestern Saskatchewan
Industrial Heartland Region
Cold Lake Region
Sourced from company releases, the Energy Resources Conservation Board and the Daily Oil Bulletin, with files from Strategy West. For changes and updates, please contact Deborah jaremko at [email protected]. disclaimer: Oilsands review accepts no liability for errors or inaccuracies in the information provided in this report.
For more detailed project data, visit oilsandsreview.com. to explore projects in the athabasca oilsands region using our interactive web tool, visit the Canadian oilsands navigator at navigator.oilsandsreview.com.
NORTH ATHABASCA REGION
SOUTH ATHABASCA REGION
COLD LAKE REGION
SASKATCHEWAN REGION
INDUSTRIAL HEARTLAND REGION
NEW ExPORT PIPELINES
PEACE RIVER REGION NEW INfORMATION THIS MONTH•
02 13
CURRENT PROJECT CAPACITY START-UP REGULATORY STATUS
Dover West Sands & Clastics Updated: Dec 2012
in the first nine months of 2012, aos acquired approximately 30,000 acres of oilsands leases contiguous to its existing dover west assets. the company says its dover west sands project could now eventually support development up to 270,000 barrels per day. Regulatory approval and inter-nal sanction for the first 12,000-barrel-per-day phase are expected in 2013. aos says it is leveraging work done on feed for its Hangingstone project for dover west.
Phase 1 12,000 2015 application
Phase 2 35,000 2018 announced
Phase 3 35,000 2020 announced
Phase 4 35,000 2022 announced
Phase 5 35,000 2024 announced
BP p.l.c.
Terre de Grace Updated: May 2012
BP says that ongoing appraisal activities include delineation drilling, seismic acquisition and appraisal of water sources.
Pilot 10,000 tBd approved
Canadian Natural Resources Limited
Birch Mountain Updated: Jul 2012
Canadian natural says geological scoping is underway.
Phase 1 60,000 2019 announced
Phase 2 60,000 2023 announced
Cenovus Energy Inc.
East McMurray Updated: Aug 2012
Phase 1 30,000 tBd announced
Steepbank Updated: Aug 2012
Phase 1 30,000 tBd announced
• Telephone Lake Borealis Updated: Dec 2012
Cenovus says it continues to progress the telephone lake regulatory application while it operates its dewatering pilot, with water production and air injection proceeding as planned.
Phase a 45,000 tBd application
Phase B 45,000 tBd application
Dover Operating Corp.
Dover Updated: Dec 2012
athabasca oil Corporation is planning a likely sale of its stake in the dover project to partner (and dover opCo owner PetroChina) once the previously determined decision trigger mechanism of regulatory approval is granted.
dover north Phase 1 50,000 2016 application
dover north Phase 2 50,000 2018 application
dover south Phase 3 50,000 2020 application
dover south Phase 4 50,000 2022 application
dover south Phase 5 50,000 2024 application
Mackay River Updated: Apr 2012
eRCB project approval granted January 2012. dover opCo says construction is underway.
Phase 1 35,000 2014 Construction
Phase 2 40,000 2017 approved
Phase 3 40,000 2019 approved
Phase 4 35,000 tBd approved
E-T Energy Ltd.
Poplar Creek Updated: Oct 2012
e-t energy has reinstated Bruce Mcgee as Ceo based on his technological expertise as it works on pilot operations to support a new commercial project application. its previous application was denied by the eRCB in 2012.
experimental Pilot 1,000 2007 operating
Phase 1 10,000 tBd announced
Phase 2 40,000 tBd announced
CURRENT PROJECT CAPACITY START-UP REGULATORY STATUS
Grizzly Oil Sands ULC
Thickwood Updated: Dec 2012
at the end of Q3/2012 grizzly part owner gulfport energy said a regulatory application for the thickwood project was expected by year-end 2012.
Phase 1 6,000 2017 application
Phase 2 6,000 tBd application
Husky Energy Inc.
Saleski Updated: Dec 2012
Husky plans to submit a regulatory application for the saleski project in 2013.
Carbonate Pilot tBd 2016 announced
Sunrise Updated: Dec 2012
Husky says sunrise continues to meet its construction milestones and remains on schedule for first oil in 2014. all significant contracts for Phase 1, including the central processing facility, have now been converted to lump sum payment. over 85 per cent of the project costs are now fixed. Planning, design and engineering for the next phase of development continues.
Phase 1 60,000 2014 Construction
Phase 2 50,000 2016 approved
Phase 3 50,000 tBd approved
Phase 4 50,000 tBd approved
Imperial Oil Limited
Aspen Updated: Sep 2012
Phase 1 40,000 tBd announced
Ivanhoe Energy Inc.
Tamarack Updated: Dec 2012
ivanhoe is responding to a third round of supplemental information requests from regulators regarding its project application. approval is now anticipated in 2013.
Phase 1 20,000 2016 application
Phase 2 20,000 tBd application
Marathon Oil Corporation
Birchwood Updated: Jul 2012
Marathon said that based on results of completed appraisal drilling, a regulatory application would be filed in 2012.
demonstration 12,000 2016 application
N-Solv Corporation
Dover Updated: Jun 2012
Reports are that first results from a $60-million n-solv field test are expected in spring 2013.
demonstration Plant 500 2013 Construction
Oak Point Energy Ltd.
Lewis Updated: Mar 2012
Pilot 1,720 2013 application
SilverWillow Energy Corporation
Audet Updated: Dec 2012
silverwillow says engineering consultants have been selected to prepare preliminary engineering de-sign and cost estimates for audet production facilities and infrastructure, to conduct environmental baseline studies and to provide support for the regulatory application, which is expected to be filed in the second half of 2013.
Pilot 12,000 2016 announced
Southern Pacific Resource Corp.
STP-McKay Updated: Oct 2012
southern Pacific says operations are progressing as planned, with the first of the well pairs now being converted from steam circulation to bitumen production.
Phase 1 12,000 2012 operating
Phase 1 expansion 6,000 2014 application
Phase 2a 12,000 2017 application
Phase 2B 6,000 2017 application
FEBRUARY 2013 | oilsandsReView.CoM 41
P R O J E C T S TAT U S
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CURRENT PROJECT CAPACITY START-UP REGULATORY STATUS
Suncor Energy Inc.
Firebag Updated: Dec 2012
suncor reports it has achieved first oil from firebag stage 4, approximately three months ahead of schedule. Production has now reached 130,000 barrels per day.
Cogeneration and expansion 25,000 2007 operating
stage 1 35,000 2004 operating
stage 2 35,000 2006 operating
stage 3 42,500 2011 operating
stage 3-6 debottleneck 23,000 tBd application
stage 4 42,500 2012 operating
stage 5 62,500 2018 approved
stage 6 62,500 2019 approved
Lewis Updated: Nov 2012
Phase 1 40,000 tBd application
Phase 2 40,000 tBd application
MacKay River Updated: Nov 2012
MR2 40,000 2016 application
Phase 1 33,000 2002 operating
Sunshine Oilsands Ltd.
Harper Updated: May 2012
sunshine says that steam cycle injection operations at Harper have proved thermally induced oil mobility.
Carbonate Pilot 1,000 2011 operating
Legend Lake Updated: Dec 2012
sunshine says regulatory approval for legend lake is anticipated in the first half of 2013.
a Phase 1 10,000 2016 application
a Phase 2 20,000 tBd announced
B Phase 1 20,000 tBd announced
Thickwood Updated: Dec 2012
sunshine says feed for thickwood is approximately 10 per cent complete. approval is anticipated in the first half of 2013.
a Phase 1 10,000 2015 application
a Phase 2 20,000 2018 announced
B Phase 1 20,000 2021 announced
CURRENT PROJECT CAPACITY START-UP REGULATORY STATUS
West Ells Updated: Dec 2012
sunshine says construction on west ells remains on schedule and on budget. the access road is now complete and ready for heavy hauls, and pilings for the central processing facility have commenced. some of the major equiptment is in transit. Civil construction of the central processing facility is 40 per cent complete, with facilities engineering 75 per cent complete. the first sagd well pair has been spudded.
a Phase 1 5,000 2013 Construction
a Phase 2 5,000 2014 approved
a Phase 3 20,000 2018 announced
B Phase 1 20,000 2020 announced
B Phase 2 20,000 tBd announced
C Phase 1 30,000 tBd announced
SOUTH ATHABASCA REGION — IN SITUAlberta Oilsands Inc.
Clearwater West Updated: Dec 2012
alberta oilsands says it has restructured key consultants to consolidate costs as it pushes to permit the Clearwater project. the company has retained Petrospec engineering to spearhead and project manage the ongoing project application process with regulators.
Phase 1 Pilot 4,350 tBd application
Phase 2 25,000 2016 announced
Athabasca Oil Corporation
Hangingstone Updated: Dec 2012
aos has sanctioned the first phase of its $536 million Hangingstone sagd project at a projected cost of $44,700 per flowing barrel. sagd drilling is expected to commence mid-2013.
Phase 1 12,000 2014 Construction
Phase 2 35,000 2017 announced
Phase 3 35,000 2019 announced
BlackPearl Resources Inc.
Blackrod Updated: Dec 2012
BlackPearl says its Blackrod sagd pilot continues to operate in-line with expectations. Regulatory approval has been received to drill a second horizontal well pair, which will be done Q1/2013. the project management team for the first commercial phase is being assembled and will determine the ePC contractor as one of its initial decisions.
Phase 1 20,000 2015 application
Phase 2 30,000 2018 application
Phase 3 30,000 2021 application
Pilot 800 2011 operating
Canadian Natural Resources Limited
Gregoire Lake Updated: Jul 2012
Canadian natural says geological scoping is underway.
Phase 1 40,000 2021 announced
Phase 2 40,000 2025 announced
42 oilsands ReView | FEBRUARY 2013
P R O J E C T S TAT U S
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CURRENT PROJECT CAPACITY START-UP REGULATORY STATUS
Grouse Updated: Dec 2012
Canadian natural says timing of grouse has been adjusted to accommodate the potential inclusion of recently acquired lands adjacent to the company’s Kirby area and provide a more balanced capital expenditures profile going forward. first steam at grouse is now expected between 2017 and 2019.
Commercial 50,000 tBd application
Kirby North Updated: Dec 2012
Canadian natural has budgeted approximately $205 million for Kirby north in 2013 to progress detailed engineering, order modules and construct camp facilities. Project sanction is targeted for the first half of 2013. to accomodate the acquisition of lands adjacent to the Kirby area that Canadian natural may include in the project, first steam at Phase 1 is now anticipated in 2016.
Phase 1 40,000 2016 application
Phase 2 40,000 2019 application
Kirby South Updated: Dec 2012
Canadian natural says construction of Phase 1 continues to progress ahead of plan and is now 74 per cent complete, with 89 per cent of capital expenditures committed.
Phase 1 40,000 2013 Construction
Phase 2 20,000 2020 application
Cavalier Energy Inc.
Hoole Updated: Dec 2012
Cavalier submitted the regulatory application for the first phase at Hoole in november 2012. assum-ing regulatory approval and favourable market conditions, construction is expected to begin in 2014, with first production in 2015.
Phase 1 10,000 2015 application
Phase 2 30,000 tBd announced
Phase 3 30,000 tBd announced
Phase 4 30,000 tBd announced
Cenovus Energy Inc.
• Christina Lake Updated: Jan 2013
Phase e is about 65 per cent complete, and Phase f construction is advancing. engineering and design work is underway for Phase g, and Cenovus plans to file the regulatory application for Phase H in 2013.
future optimization 12,000 tBd announced
Phase 1a 10,000 2002 operating
Phase 1B 8,800 2008 operating
Phase C 40,000 2011 operating
Phase d 40,000 2012 operating
Phase e 40,000 2013 Construction
Phase f 50,000 2016 approved
Phase g 50,000 2017 approved
Phase H 50,000 2019 announced
CURRENT PROJECT CAPACITY START-UP REGULATORY STATUS
• Foster Creek Updated: Dec 2012
Phase f is now approximately 65 per cent complete, and Cenovus says progress continues to be made on g and H. the company plans to submit a regulatory application for Phase J in 2013.
future optimization 15,000 tBd announced
Phase a 24,000 2001 operating
Phase B debottleneck 6,000 2003 operating
Phase C stage 1 10,000 2005 operating
Phase C stage 2 20,000 2007 operating
Phase d 30,000 2009 operating
Phase e 30,000 2009 operating
Phase f 45,000 2014 Construction
Phase g 40,000 2015 approved
Phase H 40,000 2016 approved
Phase J 50,000 2019 announced
• Narrows Lake Updated: Dec 2012
site preparation is underway, with construction of the Phase a plant scheduled to begin in Q3/2013.
Phase 1 45,000 2017 Construction
Phase 2 45,000 tBd approved
Phase 3 40,000 tBd approved
• Pelican Lake Grand Rapids Updated: Dec 2012
Cenovus says it anticipates regulatory approval for the commercial grand Rapids pilot in 2013.
Phase a 60,000 2017 application
Phase B 60,000 tBd application
Phase C 60,000 tBd application
Pilot 600 2011 operating
West Kirby Updated: Aug 2012
Phase 1 30,000 tBd announced
Winefred Lake Updated: Aug 2012
Phase 1 30,000 tBd announced
Connacher Oil and Gas Limited
Algar Updated: Oct 2012
Connacher has sold two subsidiaries for proceeds of approximately $200 million, which the company says positions it to “execute a meaningful capital program” including projects designed to increase production and improve netbacks at algar and great divide Pod 1. this could increase production by as much as 5,000 barrels per day over the next 15–24 months.
Pod 2 10,000 2010 operating
FEBRUARY 2013 | oilsandsReView.CoM 43
P R O J E C T S TAT U S
CURRENT PROJECT CAPACITY START-UP REGULATORY STATUS
Great Divide Updated: Oct 2012
Connacher received regulatory approval for the two-phase, 24,000-barrel-per-day expansion at great divide in september 2012. the company says the approval allows it to advance its evaluation of project costs, timing and financing alternatives.
expansion 1a 12,000 2014 approved
expansion 1B 12,000 2016 approved
Pod 1 10,000 2007 operating
ConocoPhillips Canada Limited
Surmont Updated: Oct 2012
ConocoPhillips Canada says engineering for surmont 2 is expected to be complete and the majority of materials and equipment delivered to site by year end, in anticipation of peak construction in 2013.
Phase 1 27,000 2007 operating
Phase 2 109,000 2015 Construction
Pilot 1,200 1997 operating
Devon Canada Corporation
Jackfish Updated: Oct 2012
devon says ramp-up of Jackfish 2 is now approximately two-thirds complete, while construction of the Jackfish 3 project is now approximately 40 per cent complete.
Phase 1 35,000 2007 operating
Phase 2 35,000 2011 operating
Phase 3 35,000 2015 Construction
Jackfish East Updated: Sep 2012
expansion 20,000 2018 announced
Pike Updated: Jul 2012
devon filed the regulatory application for all three phases of the Pike project in June 2012. the company says facility construction and sagd drilling for the first phase will begin in late 2013 or early 2014, pending corporate approvals. the company has also submitted its environmental impact assessment report for the project.
1a 35,000 2016 application
1B 35,000 2017 application
1C 35,000 2018 application
Grizzly Oil Sands ULC
Algar Lake Updated: Dec 2012
Construction on the first phase at algar reportedly remains on track for commissioning in Q1/2013 with first production by mid-year.
Phase 1 5,500 2013 Construction
Phase 2 5,500 2014 approved
May River Updated: Dec 2012
grizzly says it anticipates full-field development of its May River asset to ultimately produce more than 75,000 barrels per day using sagd and its aRMs development model. Part owner gulfport energy says 20–25 core holes will be drilled at May River this winter, following which sufficient exploration will have occured to submit the sagd application.
Phase 1 6,800 tBd announced
Phase 2 6,800 tBd announced
Harvest Operations Corp.
BlackGold Updated: Dec 2012
Harvest says 15 sagd well pairs have now been drilled, and engineering is now 80 per cent com-plete. the site has been cleared and graded and now piling and foundation work is underway. Phase 2 of the project is now in the regulatory process, with approval now anticipated in 2013.
Phase 1 10,000 2014 Construction
Phase 2 20,000 tBd application
Husky Energy Inc.
McMullen Updated: Dec 2012
Husky says that 32 slant wells have been drilled for primary production development at McMullen. the company says the air injection pilot is continuing as planned, with further testing planned for Q4/2012.
air injection Pilot-experimental 755 2012 operating
Japan Canada Oil Sands Limited
• Hangingstone Updated: Dec 2012
Japan Canada oil sands owner JaPeX has sanctioned the Hangingstone expansion project. Project partner nexen is expected to sanction its share of the development early in 2013.
expansion 35,000 2016 application
CURRENT PROJECT CAPACITY START-UP REGULATORY STATUS
• Hangingstone Pilot Updated: Dec 2012
Pilot 11,000 1999 operating
Koch Exploration Canada Corporation
Muskwa Updated: Jun 2012
Koch’s Canadian subsidiaries are seeking a strategic investor to advance development and monetize certain oilsands interests including the Muskwa asset.
Pilot 10,000 2015 application
Laricina Energy Ltd.
Germain Updated: Dec 2012
laricina says germain construction continues on time and on budget. detailed engineering is complete, approximately 60 per cent of modules have been installed and 80 per cent of module fab-rication is complete. Regulatory consultation for the 150,000-barrel-per-day expansion is continuing as planned, and approval is anticipated in 2013.
Phase 1 CdP 5,000 2013 Construction
Phase 2 30,000 2015 application
Phase 3 60,000 tBd application
Phase 4 60,000 tBd application
Saleski Updated: Dec 2012
laricina has filed a project update to the saleski Phase 1 regulatory application to reflect the change of well configuration to a single horizontal well cyclic sagd from a dual-well sagd process.
experimental Pilot 1,800 2011 operating
Phase 1 10,700 2015 application
MEG Energy Corp.
• Christina Lake Updated: Dec 2012
Meg anticipates it will increase production at Christina lake by about 20 per cent in 2013 compared to 2012 thanks to its RiseR initiative (which includes enhanced modified steam and gas push), and start-up of Phase 2B in the second half of the year.
Phase 1 Pilot 3,000 2008 operating
Phase 2a 22,000 2009 operating
Phase 2B 35,000 2013 Construction
Phase 3a 50,000 2016 approved
Phase 3B 50,000 2018 approved
Phase 3C 50,000 2020 approved
Surmont Updated: Dec 2012
Meg’s environmental impact assessment report for surmont was filed in late october, while the regulatory application was filed in september. Public consultation is ongoing.
Phase 1 41,000 2018 application
Phase 2 41,000 tBd application
Phase 3 41,000 tBd application
Nexen Inc.
• Long Lake Updated: Dec 2012
CnooC’s bid to acquire nexen has been approved by the Canadian government and is expected to close imminently.
long lake south (Kinosis) Phase 1 40,000 tBd approved
long lake south (Kinosis) Phase 2 40,000 tBd approved
Phase 1 72,000 2008 operating
Phase 2 72,000 tBd approved
Phase 3 72,000 tBd application
Phase 4 72,000 tBd announced
Osum Oil Sands Corp.
Sepiko Kesik Updated: Dec 2012
alberta environment has issued the proposed terms of reference for the sepiko Kesik project. sepiko Kesik would use sagd in grosmont bitumen carbonate formation.
Phase 1 30,000 2018 announced
Phase 2 30,000 tBd announced
44 oilsands ReView | FEBRUARY 2013
P R O J E C T S TAT U S
CURRENT PROJECT CAPACITY START-UP REGULATORY STATUS
Statoil
Kai Kos Dehseh Updated: Oct 2012
statoil says its next projects will be an expansion to leismer, and the Corner project. Corner will be sanctioned late in 2013 or early in 2014. the company has appointed a new president of its Canadian operations, stale tungesvik.
Corner 40,000 2017 approved
Corner expansion 40,000 tBd application
Hangingstone 20,000 tBd application
leismer Commercial 10,000 tBd approved
leismer demonstration 10,000 2010 operating
leismer expansion 20,000 tBd approved
leismer northwest 20,000 tBd application
leismer south 20,000 tBd application
thornbury 40,000 tBd application
thornbury expansion 20,000 tBd application
Suncor Energy Inc.
Chard Updated: Nov 2012
Phase 1 40,000 tBd announced
Meadow Creek Updated: Nov 2012
Phase 1 40,000 tBd approved
Phase 2 40,000 tBd approved
Surmont Energy Ltd.
Wildwood Updated: Oct 2012
surmont filed its regulatory application in early october, almost exactly one year after being incor-porated as a company.
Phase 1 12,000 2015 application
value Creation Inc.
Advanced TriStar Updated: Dec 2012
Value Creation has submitted an environmental assessment report for the advanced tristar project.
ats-1 15,000 2016 application
ats-2 30,000 2018 application
ats-3 30,000 2020 application
• TriStar Updated: Oct 2012
Pilot 1,000 2014 application
COLD LAKE REGION — IN SITUBaytex Energy Corp.
• Cold Lake Updated: Dec 2012
Baytex says it will build facilities and drill one sagd well pair in 2013. following successful oper-ations of this pilot, the company will proceed with construction of the 5,000-barrel-per-day first commercial phase in 2014.
Commercial 5,000 2016 approved
Pilot 1,200 tBd approved
Birchwood Resources Inc.
Sage Updated: Jun 2012
Birchwood has released its public disclosure document and has held an open house with area residents, some of whom were concerned by the development.
Pilot 5,000 2015 announced
Canadian Natural Resources Limited
Primrose & Wolf Lake Updated: Dec 2012
Canadian natural has completed additional pad drilling at Primrose on schedule and drilled on budget. these wells are expected to come on production in 2013.
Primrose east 32,000 2008 operating
Primrose north 30,000 2006 operating
Primrose south 45,000 1985 operating
wolf lake 13,000 1985 operating
CURRENT PROJECT CAPACITY START-UP REGULATORY STATUS
Devon Canada Corporation
Walleye Updated: Jun 2012
devon filed its regulatory application for walleye in June 2012. the company says construction will start in 2013.
Phase 1 9,000 2016 application
Husky Energy Inc.
Caribou Updated: Nov 2010
demonstration 10,000 tBd approved
Tucker Updated: May 2012
Phase 1 30,000 2006 operating
Imperial Oil Limited
Cold Lake Updated: Dec 2012
imperial says that the nabiye expansion is progressing on schedule. facility construction is underway and drilling has commenced on two production pads.
Phase 1-10 110,000 1985 operating
Phase 11-13 30,000 2002 operating
Phase 14-16 40,000 2014 Construction
Osum Oil Sands Corp.
Taiga Updated: Oct 2012
osum received regulatory approval for the 35,000-barrel-per-day taiga project. the company says it is now considering financing options.
Phase 1 23,000 2016 approved
Phase 2 22,000 2017 approved
Pengrowth Energy Corporation
Lindbergh Updated: Dec 2012
Pengrowth’s board of directors has committed $55 million for critical path-related, long-lead equip-ment for the lindbergh project thanks to encouraging pilot performance. More details on the timing and scope of the commercial project are expected early in 2013.
Phase 1 Commercial 12,500 2015 application
Phase 2 Commercial 17,500 2016 announced
Pilot 1,200 2012 operating
Royal Dutch Shell plc
Orion Updated: Jun 2012
shell is looking to sell the orion property, reportedly to focus on in situ operations at Peace River.
Phase 1 10,000 2007 operating
Phase 2 10,000 tBd approved
PEACE RIvER REGION — IN SITUAndora Energy Corporation
Sawn Lake Updated: Dec 2012
andora energy majority owner Pan orient energy says activities are currently underway to com-mence steam injection at sawn lake in Q2/2013, with production anticipated in Q4/2013.
sagd demonstration 1,400 2013 approved
Baytex Energy Corp.
• Cliffdale Updated: Dec 2012
subject to regulatory approvals, Baytex anticipates development of a new 15-well thermal module to begin in Q1/2013, building on the 10-well module that has been operating since dec. 2011.
Pilot 1,900 2010 operating
Murphy Oil Company Ltd.
Cadotte Updated: Nov 2012
Pilot tBd tBd application
Seal/Cadotte Updated: Nov 2012
Pilot tBd 2012 operating
Northern Alberta Oil Ltd.
Sawn Lake Updated: Dec 2012
Company owner deep well oil & gas says worleyParsons has launched preliminary engineer-ing work on the sawn lake pilot project. the work will include a pilot plan, process flow diagrams, material balances for hydrocarbons, sulphur and water, description of the capacity and content of emissions.
Css Pilot 700 tBd approved
FEBRUARY 2013 | oilsandsReView.CoM 45
P R O J E C T S TAT U S
CURRENT PROJECT CAPACITY START-UP REGULATORY STATUS
Penn West Petroleum Ltd.
Harmon valley South Updated: Dec 2012
Penn west and its partner have received regulatory approval to proceed with the Harmon Valley south pilot.
Pilot tBd tBd approved
Seal Main Updated: Sep 2012
Commercial 10,000 2015 application
Pilot 75 2011 operating
Petrobank Energy and Resources Ltd.
Dawson Updated: Jul 2012
Petrobank says it is awaiting regulatory approval to initiate cold production on its two well demon-stration project to condition the reservoir prior to tHai operations.
experimental tHai demonstration 10,000 2013 Construction
Phase 2 10,000 tBd announced
Royal Dutch Shell plc
Peace River Updated: Dec 2011
alberta’s environmental assessment director has deemed complete shell Canada’s environmental impact assessment report for the Carmon Creek expansion.
Cadotte lake 12,500 1986 operating
Carmon Creek - Phase 1 40,000 2015 application
Carmon Creek - Phase 2 40,000 2018 application
Southern Pacific Resource Corp.
Red Earth Updated: Oct 2012
southern Pacific has yet to release its future development plans for the Red earth project.
Commercial 10,000 tBd announced
Pilot 1,000 2009 operating
Pilot expansion 3,000 tBd announced
NORTH ATHABASCA REGION — UPGRADERBP p.l.c.
Terre de Grace Updated: May 2012
BP says that ongoing appraisal activities include delineation drilling, seismic acquisition and ap-praisal of water sources.
Pilot 8,400 tBd approved
Canadian Natural Resources Limited
Horizon Updated: Dec 2012
Canadian natural says it continues its strategy of staged expansion to 250,000 barrels per day and work remains on track. Projects currently under construction are trending at or below estimates.
Phase 1 114,000 2009 operating
Phase 2a 10,000 2014 Construction
Phase 2B 45,000 tBd approved
Phase 3 80,000 tBd approved
tranche 2 5,000 2012 operating
Ivanhoe Energy Inc.
Tamarack Updated: Dec 2012
ivanhoe is responding to a third round of supplemental information requests from regulators regard-ing its project application. approval is now anticipated in 2013.
Phase 1 34,784 2016 application
Suncor Energy Inc.
Base Operations Updated: Dec 2012
suncor says it has started up its new Millennium naphtha unit and has run it at full rates. the unit is expected to stabilize secondary upgrading capacity and provide flexibility during maintenance activ-
ities for secondary upgrading units in the future.
Millennium Coker unit 97,000 2008 operating
Millennium Vacuum unit 35,000 2005 operating
u1 and u2 225,000 1967 operating
CURRENT PROJECT CAPACITY START-UP REGULATORY STATUS
Fort Hills Updated: Dec 2012
suncor and partner total continue to review development timelines for fort Hills.
Phase 1 145,000 tBd on Hold
Phase 2 & 3 145,000 tBd on Hold
voyageur Upgrader 3 Updated: Dec 2012
suncor and partner total have agreed to an immediate minimum spend program on Voyageur. a go/no-go decision on the project is now expected in Q1/2013.
Phase 1 127,000 2016 approved
Phase 2 63,000 tBd approved
Syncrude Canada Ltd.
Mildred Lake/Aurora Updated: Oct 2012
syncrude has announced it is embarking on a new mine extension project at Mildred lake, which will be known as the MlX project. Canadian oil sands says MlX will leverage investment in the two mine trains currently being constructed, enabling syncrude to extend the life of Mildred lake mining operations by about a decade. Project scoping is underway, and pending regulatory approval, con-struction and spending would commence in the next 10 years.
Base Plant stage 1 & 2 debottleneck 250,000 1978 operating
stage 3 debottleneck 75,000 tBd announced
stage 3 expansion (ue-1) 100,000 2006 operating
SOUTH ATHABASCA REGION — UPGRADERNexen Inc.
• Long Lake Updated: Dec 2012
CnooC’s bid to acquire nexen has been approved by the Canadian government and is expected to close imminently.
Phase 1 58,500 2008 operating
Phase 2 58,500 tBd approved
Phase 3 58,500 tBd application
Phase 4 58,500 tBd announced
value Creation Inc.
Advanced TriStar Updated: Dec 2012
Value Creation has submitted an environmental assessment report for the advanced tristar project.
ats-1 12,750 2016 application
ats-2 25,500 2018 application
ats-3 25,500 2020 application
• TriStar Updated: Oct 2012
Pilot 840 2014 application
INDUSTRIAL HEARTLAND REGION — UPGRADERNorth West Upgrading Inc.
Redwater Upgrader Updated: Nov 2012
Project partners north west upgrading and Canadian natural Resources have sanctioned the pro-ject, with above-ground construction to begin in spring 2013.
Phase 1 77,000 2016 approved
Phase 2 77,000 tBd approved
Phase 3 77,000 tBd approved
Shell Albian Sands
Scotford Upgrader 1 Updated: Jul 2012
Commercial 158,000 2003 operating
expansion 91,000 2011 operating
value Creation Inc.
Heartland Updated: Dec 2012
Construction was suspended in september 2008. Value Creation says it remains committed to the project and is seeking a development partnership.
Phase 1 46,300 tBd on Hold
Phase 2 46,300 tBd approved
Phase 3 46,300 tBd approved
46 oilsands ReView | FEBRUARY 2013
P R O J E C T S TAT U S
FEBRUARY 2013 | oilsandsReView.CoM 47
S TAT I S T I C S
FEBRUARY 2013 | oilsandsReView.CoM 47
S TAT I S T I C S
statistics02 13Taking a close look at the inputs to and outputs of the oilsands industry.For suggestions or data contributions, please contact Deborah Jaremko, [email protected].
dec
201
1
Jan
2012 Feb
Mar
apr
May Ju
n Jul
aug se
p
oct
nov
dec
201
1
Jan
2012 Feb
Mar
apr
May Ju
n Jul
aug se
p
oct
nov
US$
/ton
ne
North American Carbon Steel Prices
Hot Rolled Coil structural sections and Beams Reinforcing Bar
$1,000
$900
$800
$700
$600
Jan
2012 Feb
Mar
apr
May Ju
n Jul
aug se
p
oct
nov
dec
Bitumen Royalty Valuation at Hardisty, Alta.: $C/m3
Bitumen Royalty Valuation at Hardisty, Alta.: $US/bbl
Calculated using NetThruPut Monthly WCS Index
Natural Gas: Spot Prices at AECO Trading Hub in Alberta
Monthly averages to December 21, 2012
Jan
2012 Feb
Mar
apr
May Ju
n Jul
aug se
p
oct
nov
dec
C$/
GJ
$4.00$3.50$3.00$2.50$2.00$1.50$1.00$0.50
0
$600
$500
$400
$300
$200
$100
$0
$100
$80
$60
$40
$20
$0
1015.0 kg/m3 bitumen
SOU
RCE: N
ATU
RAL G
AS EXC
HA
NG
E INC
.
SOU
RCE: C
AN
AD
IAN
ASSO
CIA
TION
O
F PETROLEU
M PRO
DU
CERS
SOU
RCE: C
AN
AD
IAN
ASSO
CIA
TION
O
F PETROLEU
M PRO
DU
CERS
SOU
RCE: M
EPS IntERn
atIO
na
l
$140
$120
$100
$80
$60
$40
$20
$0
SOU
RCE: FLIN
T HILLS RESO
URC
ES LTD./ EN
ERGY IN
FORM
ATIO
N
AD
MIN
ISTRATIO
N* W
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USH
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LA. **EU
ROpE SpO
T pRICE
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pric
e (U
S$/b
bl)
Bow River Cold lake blend light sour Condensate
western Canadian select 985 kg/m3 3.5% sulphur bitumen west texas intermediate* Brent**
350
300
250
200
150
100
50
0
forestry, fishing, mining, oil and gas Construction trade
SOU
RCE: A
LBERTA H
UM
AN
RESOU
RCES A
ND
EMPLO
YMEN
T
num
ber o
f peo
ple
(una
djus
ted,
thou
sand
s)
Monthly Crude Oil Prices: May 2012 – Dec. 2012 Alberta Labour force Statistics
May 1 jun 1 jul 2 Sep 3 Oct 1 Dec 3 2012
dec
201
1
Jan
2012 Feb
Mar
apr
May Ju
n
Jul
aug se
p
oct
nov
48 oilsands ReView | FEBRUARY 2013
S TAT I S T I C S
jul 2011 0 $0.00 0 $0.00 5,888 $27.18
Aug 2011 768 $15.89 1,024 $340.25 0 $0.00
Sep 2011 924 $279.79 0 $0.00 0 $0.00
Oct 2011 0 $0.00 584 $379.37 0 $0.00
Nov 2011 no PuBliC offeRing notiCes
Dec 2011 29,108 $1,913.50 0 $0.00 0 $0.00
jan 2012 0 $0.00 128 $560.50 512 $613.18
feb 2012 0 $0.00 1,152 $621.19 0 $0.00
Mar 2012* 44,800 $16.02 0 $0.00 1,792 $44.47
Apr 2012 0 $0.00 0 $0.00 1,536 $1,052.00
May 2012** 512 $138.13 768 $101.04 9,165 $44.16
jun 2012 0 $0.00 701 $737.35 0 $0.00
jul 2012 11,816 $258.84 1,024 $339.49 0 $0.00
Aug 2012 512 $273.47 256 $1,227.49 0 $0.00
Sep 2012 832 $119.14 512 $2,123.33 1,024 $115.96
Oct 2012 0 $0.00 256 $317.97 0 $0.00
Nov 2012 1,024 $136.70 256 $2,876.76 0 $0.00
Dec 2012 no PuBliC offeRing notiCes
*includes athabasca region oilsands permits from Mar. 24 sale.
**includes Peace River region permits from May 2 sale.
Public Offerings of Crown Oilsands Rights
Athabasca Cold Lake Peace River
Sale Month Hectares $/Hectare Hectares $/Hectare Hectares $/Hectare
Large Cap
Integrated
Oilsands60
80
40
100
120
140
Mar
Feb
Apr
Feb
2011
Mar
Jan
2012
May Ju
l
Jun
Sep
Aug
Nov
Dec
*
Oct
Apr
May Ju
n
Jul
Aug Se
p
Oct
Nov
Dec
index launched Jan. 1, 2007. firstenergy complimentary indexes are available daily on the homepage at firstenergy.com. firstenergy Capital Corp. is a member of the Canadian investor Protection fund and iiRoC.
*Recorded until dec. 19, 2012.
Sou
rce: FirSten
ergy c
apita
l co
rp.
firstEnergy Oilsands, Integrated and Large Cap Indexes
oilsands integrated large Cap
SOU
RCE: g
Ov
ERnm
Ent O
f albERta
FEBRUARY 2013 | oilsandsReView.CoM 49
S TAT I S T I C Sst
eam
inje
cted
:oil
prod
uced
Alberta Crude Bitumen and Synthetic Crude Production 2010-12
Crude bitumen synthetic crude
mill
ion
barr
els
Sou
rce: A
lbertA en
ergy reSo
urc
eS c
on
ServA
tion
boA
rd
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
Apr
May Ju
n
Jul
Aug Se
p
Oct
Nov
Jan
2012
Mar
Dec Fe
b
Apr Jun
Feb
2010
Mar
Apr
May Ju
n
Jul
Aug Se
p
Oct
Nov
Dec
Jan
2011
Feb
Mar
May
AugJu
l
Thermal Oilsands Project Steam to Oil Ratios (Steam Injected:Oil Produced)
0
2.0
1.0
3.0
4.0
5.0
6.0
7.0
8.0 141.80 (Aug)138.07 (Sep)
Aug 2012Apr 2012 May 2012 Jul 2012 Sep 2012Jun 2012
Cenovus Energy Inc. Pelican Lake Grand Rapids
Pengrowth Energy Corporation Lindbergh Pilot
Southern Paci�c Resource Corp. STP-McKay
Husky Energy Inc. Tucker
Nexen Inc. Long Lake
Royal Dutch Shell plc Orion
Connacher Oil and Gas Limited Great Divide
Connacher Oil and Gas Limited Algar
Japan Canada Oil Sands Limited Hangingstone Pilot
Canadian Natural Resources Limited Primrose & Wolf Lake
BlackPearl Resources Inc. Blackrod
Baytex Energy Corp. Cliffdale Pilot
Suncor Energy Inc. Firebag
Imperial Oil Limited Cold Lake
Royal Dutch Shell plc Peace River
ConocoPhillips Canada Limited Surmont Pilot
Devon Canada Corporation Jackfish
MEG Energy Corp. Christina Lake
ConocoPhillips Canada Limited Surmont
Statoil Leismer
Suncor Energy Inc. MacKay River
Cenovus Energy Inc. Foster Creek
Cenovus Energy Inc. Christina Lake
SOU
RCE: ERC
B
50 oilsands ReView | FEBRUARY 2013
S TAT I S T I C SSO
URC
E: ALBERTA
ENERG
Y RESOU
RCES C
ON
SERVA
TION
BOA
RD
Bitumen Synthetic Plant Operations: Oilsands Bitumen Synthetic Plant Operations: External Energy
SOU
RCE: A
LBERTA EN
ERGY RESO
URC
ES CO
NSERV
ATIO
N BO
ARD
AUGUST 2012 SEPTEMBER 2012
Gas (103 m3)
Electric (Mwh)
Gas (103 m3)
Electric (Mwh)
AlbianSands
purchased 74,608.0 47.0 74,747.3 1,391.0
generated 0.0 121,320.0 0.0 110,064.0
CNRLHorizon
purchased 59,073.4 4,650.9 60,615.3 1,564.0
generated 0.0 72,863.0 0.0 73,832.0
Imperial Oil(Kearl Mine)
purchased -- 888.0 -- 2,950.0
generated -- 0.0 -- 0.0
OPTI(nexen)
purchased 7,375.2 43,485.3 3,612.3 7,215.3
generated 0.0 78.4 0.0 78.4
Shelljackpine
purchased 24,145.0 29,721.0 21,738.3 23,957.0
generated 0.0 0.0 0.0 0.0
ShellScotford
purchased 160,567.3 6,278.5 162,671.3 27,635.1
generated 0.0 89,127.4 0.0 90,125.4
Suncorpurchased 109,012.0 89,846.0 106,387.0 116,039.0
generated 0.0 218,392.0 0.0 234,094.0
Syncrude(aurora)
purchased 33,032.0 0.0 35,355.1 0.0
generated 0.0 59,260.9 0.0 59,138.9
Syncrude(Mildred lake)
purchased 162,055.7 30,775.1 166,080.1 35,481.3
generated 0.0 195,480.0 0.0 178,878.6
WilliamsEnergy
purchased 921.9 2,573.9 797.7 2,410.4
generated 0.0 0.0 0.0 0.0
Alberta Crude Bitumen Production (non-primary)
Commercial in situ schemes production rates per calendar day (bbls/d), listed in descending order of production for last month of data set
SOU
RCE: A
LBERTA EN
ERGY RESO
URC
ES CO
NSERV
ATIO
N BO
ARD
Operator Project july 2012 August 2012 September 2012 Three-Month Average
Imperial Oil Limited Cold lake 153,769.5 150,573.0 148,508.7 150,950.43
Cenovus Energy Inc. foster Creek 127,433.5 125,968.6 124,213.1 125,871.69
Canadian Natural Resources Limited Primrose/wolf lake 90,924.2 93,110.6 116,455.8 100,163.56
Suncor Energy Inc. firebag 104,945.5 117,657.8 114,970.2 112,524.51
Cenovus Energy Inc. Christina lake 58,100.2 62,693.1 71,266.1 64,019.79
Devon Canada Corporation Jackfish 55,007.5 53,206.8 29,385.4 45,866.56
ConocoPhillips Canada Limited surmont 21,077.2 22,734.5 26,398.3 23,403.34
Statoil Canada Ltd. leismer 16,267.3 16,959.8 16,469.9 16,565.68
Nexen Inc. long lake 33,751.8 15,461.6 14,639.5 21,284.30
Connacher Oil and Gas Limited great divide 5,330.6 5,253.2 10,698.3 7,094.07
MEG Energy Corp. Christina lake 31,211.9 30,242.7 9,910.9 23,788.48
Husky Energy Inc. tucker 9,464.3 9,424.7 9,646.7 9,511.87
Shell Canada Limited Peace River 4,559.5 7,867.9 7,568.5 6,665.31
Shell Canada Limited Hilda lake/orion 2,518.4 3,697.8 4,547.5 3,587.92
japan Canada Oil Sands Limited Hangingstone 5,825.0 4,743.1 4,534.3 5,034.15
Pengrowth Energy Corporation lindbergh pilot 1,239.1 1,191.3 1,400.7 1,277.04
Baytex Energy Corp. Cliffdale pilot 402.5 277.4 493.1 391.0
ConocoPhillips Canada Limited surmont pilot 488.7 530.2 406.3 475.09
Suncor Energy Inc. MacKay River 31,747.2 18,427.3 308.2 16,827.55
BlackPearl Resources Blackrod 305.7 339.0 282.4 309.0
Penn West Petroleum Limited seal Main pilot 452.9 367.3 281.8 367.32
Cenovus Energy Inc. grand Rapids pilot 213.2 150.3 182.4 181.99
Southern Pacific Resource Corp. stP-McKay --- 55.4 53.5 36.29
Baytex Energy Corp. Harmon Valley pilot 15.7 34.0 38.4 29.4
E-T Energy Ltd. Poplar Creek 5.0 8.2 8.8 7.34
Connacher Oil and Gas Limited algar 5,830.7 6,376.0 --- 4,068.88
Murphy Oil Company Ltd. seal/Cadotte pilot 27.7 6.3 --- 11.32
TOTAL 760,914.9 747,357.9 712,668.9 740,313.89
AUGUST 2012 SEPTEMBER 2012
Barrels Grade* Barrels Grade*
Albian Sands
mined 62,000,958.9 11.14% 58,249,113.1 11.08%
processed 48,683,470.4 10.69% 51,120,402.2 10.69%
CNRL Horizon
mined 46,027,855.4 11.56% 38,176,216.0 11.31%
processed 46,147,891.5 11.36% 38,584,995.4 11.08%
jackpine Mine
mined 32,289,764.2 11.95% 27,621,844.2 12.19%
processed 36,252,889.9 11.66% 28,995,434.9 11.36%
Suncor
mined 111,724,996.2 11.20% 86,069,277.8 11.10%
processed 111,724,996.2 11.20% 86,069,277.8 11.10%
Syncrude (Aurora)
mined 74,880,106.1 11.21% 65,518,171.5 11.01%
processed 74,880,106.1 11.21% 65,518,171.5 11.01%
Syncrude (Mildred Lake)
mined 62,078,870.2 10.43% 57,536,568.2 11.27%
processed 63,782,698.7 10.41% 63,175,100.3 11.11%
* Grade is a measurement of mass per cent bitumen in oilsands.
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