Oilsands Review Project Status December 2012

Page 1

P R O J E C T S TAT U S

project status

12 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

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

CURRENT PROJECT

CAPACITY

START-UP

NORTH ATHABASCA REGION

SASKATCHEWAN REGION

SOUTH ATHABASCA REGION

INDUSTRIAL HEARTLAND REGION

COLD LAKE REGION

NEW Export Pipelines

PEACE RIVER REGION

REGULATORY STATUS

NORTH ATHABASCA REGION — MINING

CURRENT PROJECT

New information this month

CAPACITY

START-UP

REGULATORY STATUS

Suncor Energy Inc. ­

Canadian Natural Resources Limited Horizon

Updated: Oct 2012

Base Operations

Updated: Jul 2012

CNRL says it has successfully completed proactive planned maintenance at Horizon following a 12day outage in October. The plant is now returning to targeted full production capacity.

Suncor says it has its tailings reduction operations infrastructure project and has commenced operations. It is also in the process of starting up the hydrotreating unit and hydrogen plant of the new Millennium Naphtha Unit, which is expected to stabilize secondary upgrading capacity and provide flexibility during maintenance activities for secondary upgrading units in the future.

­

Operating

­

Millennium Debottlenecking

2008

Operating

­

Millennium Mine

294,000

1967

Operating

­

North Steepbank Extension

180,000

2012

Operating

­

Steepbank Debottleneck Phase 3

4,000

2007

­

Fort Hills

Phase 1

135,000

2008

­

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: Jul 2012

23,000

Operating Updated: Jul 2012

Suncor expects to present development plans to the board of directors for a sanctioning decision in 2013. ­

Debottleneck

­

Phase 1

­

Voyageur South

25,000

TBD

165,000

2016

Approved Approved

Imperial Oil says that as of the end of Q2/2012, Kearl Phase 1 is 94 per cent complete, with construction 88 per cent complete. All modules fabricated in Korea and transported through North America have now arrived at site and are being reassembled and integrated into the plant.

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

­

­

Phase 1

110,000

2012

Construction

­

Phase 2

110,000

2015

Construction

­

Phase 3 Debottleneck

70,000

2020

Approved

Shell Albian Sands Jackpine

Updated: Oct 2012

The regulatory hearing process for the Jackpine mine expansion is now underway. A decision on the project is expected in 2013.

120,000

TBD

Application

Syncrude Canada Ltd. •

Phase 1

Updated: May 2012

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, construction and spending would commence in the next 10 years. ­

Aurora South Train 1

100,000

2016

Approved

­

Expansion

100,000

2017

Application

­

Aurora South Train 2

100,000

2018

Approved

­

Phase 1A

100,000

2010

Operating

­

Base Mine Stage 1 & 2 Expansion

290,700

1978

Operating

­

Phase 1B

100,000

TBD

Approved

­

Stage 3 Expansion

116,300

2006

Operating

­

Muskeg River

Updated: Aug 2012

Shell reports that the Athabasca Oil Sands Project (Muskeg River and Jackpine) has now reached the milestone of 400 million barrels of cumulative production. ­

Commercial

Frontier

Updated: Jul 2012

Teck says it anticipates receiving the final supplemental information requests relating to the Frontier regulatory application in Q3/2012 and responding in Q4. ­

Phase 1

75,000

2021

Application

Approved

­

Phase 2

80,000

2024

Application

Updated: Aug 2012

­

Phase 3

80,000

2027

Application

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 4 Equinox

40,000

2030

Application

­

Phase 1

100,000

2018

Application

Project partner Suncor Energy says development plans will be submitted to the companies’ respective boards of directors for a sanctioning decision in 2013.

­

Phase 2

100,000

TBD

Application

­

Expansion & Debottlenecking

­

Pierre River

115,000

2002

­

Operating

­

155,000

Teck Resources Limited

TBD

Total E&P Canada Ltd. ­

Joslyn North Mine

Phase 1

Updated: Jul 2012

100,000

2018

Approved

DECEMBER 2012 | OILSANDSREVIEW.COM 35


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