Oilsands Review Project Status August 2012

Page 1

P R O J E C T S TAT U S

PROJECT STATUS 08.12

Athabasca Region 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 djaremko@junewarren-nickles.com. Disclaimer: Oilsands Review accepts no liability for errors or inaccuracies in the information provided in this report.

Peace River Region Northwestern Saskatchewan

NORTH ATHABASCA REGION

For even more details on all of these projects, visit www.oilsandsreview.com.

CURRENT PROJECT

CAPACITY

START-UP

SASKATCHEWAN REGION

SOUTH ATHABASCA REGION

INDUSTRIAL HEARTLAND REGION

COLD LAKE REGION

NEW Export Pipelines

PEACE RIVER REGION

REGULATORY STATUS

CURRENT PROJECT

New information this month

CAPACITY

START-UP

REGULATORY STATUS

NORTH ATHABASCA REGION — MINING

­

Canadian Natural Resources Limited

Suncor says current work on Fort Hills includes progressing design basis memorandum engineering, site preparation and procurement for long-lead items. The company expects to present development plans to the board of directors for sanction in 2013.

­

Horizon

Updated: May 2012

Canadian Natural says that during the first quarter, a third ore preparation plant and associated hydrotransport unit were successfully integrated into operations. The infrastructure is expected to increase reliability going forward by allowing the company to maintain steady feedstock to the upgrader with two of the three ore preparation plants continually on stream. ­

Phase 1

135,000

2008

Operating

­

Phase 2A

10,000

2014

Approved

­

Phase 2B

45,000

TBD

Approved

­

Phase 3

80,000

TBD

Approved

­

Tranche 2

5,000

2012

Operating

Imperial Oil Limited ­

Kearl

Updated: May 2012

Imperial Oil says that construction of Kearl Phase 1 is 90 per cent complete and is progressing to expected start-up in late 2012. ­

Phase 1

110,000

2012

Construction

­

Phase 2

110,000

2015

Construction

­

Phase 3 Debottleneck

70,000

2020

Approved

Shell Albian Sands •

Jackpine

Updated: Jun 2012

The joint review panel reviewing the proposed Jackpine mine expansion has extended its period of public comment to August 3. ­

Expansion

100,000

2017

Application

­

Phase 1A

100,000

2010

Operating

­

Phase 1B

100,000

TBD

Approved

­

Muskeg River

Updated: May 2012

Twenty per cent project owner Marathon Oil Corporation says that production rates were down during Q1 due to reliability issues. ­

Commercial

155,000

2002

­

Expansion & Debottlenecking

115,000

TBD

Pierre River

Fort Hills

­

Debottleneck

­

Phase 1

­

Voyageur South

­

Phase 1

­

2016

Approved Approved Updated: May 2012

120,000

TBD

Application

Mildred Lake/Aurora North & South

Updated: May 2012

Construction is underway on a number of major projects including mine train replacement and relocation, the Aurora North Tailings Management Project, the Syncrude Emissions Reduction Project and the Centrifuge Tailings Management Project. ­

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

­

Stage 3 Expansion

Operating

116,300

2006

Operating

Teck Recources Limited ­

Frontier

Updated: May 2012

The Canadian Environmental Assessment Agency has announced that a period of public comment is underway and participant funding is being allocated. Comments are being accepted until June 4. Teck says that no field exploration activities are planned in 2012 and the key focus will be on supporting the regulatory application review, the consultations with stakeholders and the ongoing engineering studies. ­

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

Approved

­

Joslyn North Mine

Updated: May 2012

Project partner Suncor Energy says that current capital expenditures are around further design work, drilling and site preparation. The partners plan to submit development plans to their respective boards of directors for sanction in 2013.

­

Phase 1

100,000

2018

Application

­

­

Phase 2

100,000

TBD

Application

NORTH ATHABASCA REGION — IN SITU

Phase 1

100,000

2018

Approved

Athabasca Oil Corporation

Suncor Energy Inc. ­

TBD

Syncrude Canada Ltd.

Total E&P Canada Ltd.

A joint review panel of the Canadian Environmental Assessment Agency and the Energy Resources Conservation Board has been established to review the proposed Pierre River mine project.

25,000 165,000

Suncor considers Voyageur South to be a longer-term project and has not confirmed a start-up date.

Operating

Updated: Jun 2012

Updated: May 2012

Base Operations

Updated: May 2012

­

Birch

Updated: May 2012

Suncor is now mining volumes from the North Steepbank Extension. The company expects that its Millennium Naphtha Unit (MNU) project will be fully operational by mid-year. In April, Suncor announced its upgrader had successfully returned to normal operations following a brief shutdown due to a fractionated performance issue. Suncor has started commissioning assets associated with its tailings reduction operations infrastructure project and anticipates to start using these assets during Q2.

AOSC says the updated contingent resources on its Birch holdings total 1.9 billion barrels. The company plans to submit its Birch regulatory application in late 2012 based on additional drilling and 3-D seismic.

­

Millennium Debottlenecking

2008

Operating

­

Millennium Mine

294,000

1967

Operating

AOSC says production testing continues while it works on the TAGD pilot. An update from the TAGD proof of concept is expected in Q2. The company has responded to the first round of supplemental information requests from regulators and has launched work on its design basis memorandum.

­

North Steepbank Extension

180,000

2012

Operating

­

Phase 1 Demonstration

6,000

2015

Application

Operating

­

Phase 2 Demonstration

6,000

TBD

Application

­

Steepbank Debottleneck Phase 3

36 OILSANDS REVIEW | AUGUST 2012

23,000

4,000

2007

­

Phase 1

­

Dover West Carbonates (Leduc)

12,000

TBD

Announced Updated: May 2012


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