OSR Project List December 2011

Page 1

P R O J E C T S TAT U S

P R O J E C T S TAT U S

12.11 PROJECT STATUS

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

CURRENT PROJECT

­

Phase 3

­

Dover West Leduc Carbonates

CAPACITY

35,000

START-UP

2021

REGULATORY STATUS

CURRENT PROJECT

Announced

­

Updated: Aug 2011

AOSC says that its first test (steam injection) last winter has added 140 million barrels of contingent resource to its profile. Construction of a thermal assisted gravity drainage heating test pilot is complete. Heating—using electrical cables­­—is underway and observation wells indicate that the heat is spreading, confirming predictions. Production results are expected once the area can be

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

CAPACITY

START-UP

REGULATORY STATUS

Phase 1

60,000

2022

Announced

­

­

Phase 2

60,000

2026

Announced

The project, which would incorporate electrical heaters, has been delayed. Laricina Energy’s May

CURRENT PROJECT

CAPACITY

Phase 1 Demonstration

6,000

TBD

Application

Updated: Sep 2011

Cenovus expects to submit a revised application increasing Phase A production capacity from

10,000

2014

Approved

TBD

Approved

­

Phase 3

80,000

TBD

Approved

­

Tranche 1 (Engineering/Design)

--

2007

Complete

­

Tranche 2

5,000

2012

Construction

Imperial Oil Limited •

Kearl

Updated: Nov 2011

Imperial Oil says that construction is 79 per cent complete and is progressing on schedule, with start-up targeted for late 2012. In response to delays in obtaining U.S. states’ transportation permits for certain modules, Imperial says modules have been reduced in size and permits for additional interstate highway routes have been received. Transport increased in Q3 and re-assembly is underway.

Updated: Aug 2011

to a strong second half of the year. Millennium Debottlenecking

­

Millennium Mine

­

North Steepbank Extension

­

Steepbank Debottleneck Phase 3

­

Fort Hills

23,000 294,000 180,000 4,000

2008

Operating

1967

Operating

2012 2007

Construction Operating

Phase 1

110,000

2012

Construction

­

Phase 2

235,000

TBD

Approved

Shell Albian Sands Jackpine

Updated: Nov 2011

Shell says that the AOSP expansion 1 has ramped up and is expected to stabilize at plateau rates

Updated: Nov 2011

35,000 barrels per day to 90,000 barrels per day in the fourth quarter. The company says it is making progress on its plans for a transaction involving the project, and interested parties are now

Dover Operating Corp. ­

Dover

Updated: May 2011

AOSC filed its regulatory application for a 250,000-barrel-per-day project at Dover in December 2010. Approval anticipated in 2012.

Approved

­

Muskeg River

­

Commercial

155,000

2002

Operating

­

Expansion & Debottlenecking

115,000

TBD

Approved

­

Pierre River

Updated: Nov 2010

Updated: Sep 2011

­

Phase 1

100,000

2018

Application

­

Phase 2

100,000

TBD

Application

SilverBirch Energy Corporation ­

Updated: Aug 2011

Silverbirch has completed its design basis memorandum and cost estimate for the Frontier/Equinox project. All four phases cost up to $22.9 billion. The company remains open to partnering and other

Phase 1

12,000

2012

Construction

­

Phase 2A

12,000

2015

Announced

­

Phase 2B

12,000

TBD

Announced

Phase 1

­

Subsequent Phases

ing a 2016 start-up. Project still must be sanctioned and does not include upgrader portion.

Mackay River

­

The result of the put/call agreement for the MacKay River assets between Dover OpCo owners

from infill wells. Construction of infastructure, well pads, and central plant and cogeneration

­Athabasca Oil Sands Corp. and PetroChina should be known in the fourth quarter of January 2012.

­facilities continues on Firebag Stage 4.

­

Phase 1

35,000

2014

Application

­

Cogeneration and Expansion

25,000

2007

Operating

­

Phase 2

40,000

2017

Application

­

Stage 1

35,000

2004

Operating

­

Phase 3

40,000

2019

Application

­

Stage 2

35,000

2006

Operating

­

Phase 4

35,000

TBD

Application

­

Stage 3

62,500

2011

Operating

­

Stage 3-6 Debottleneck

23,000

TBD

Application

­

Stage 4

62,500

2013

Construction

­

Stage 5

62,500

2018

Approved

­

Stage 6

62,500

2019

Approved

Application

­

Lewis

Operating

­

Phase 1

40,000

TBD

Application

­

Phase 2

40,000

TBD

Application

­

MacKay River

Suncor expects to progress with engineering and site preparation work at the Fort Hills mine, targetDebottleneck

­

Phase 1

­

Voyageur South

­

Phase 1

25,000 165,000

TBD 2016

Approved Approved Updated: Nov 2010

120,000

TBD

Application

Mildred Lake/Aurora North & South

Updated: Nov 2011

Canadian Oil Sands reports that front-end engineering and design is now complete for its

E-T Energy Ltd.

$4.6-­billion Mildred Lake mine train replacements. The target in-service date for the $1.6-billion

­

Syncrude Emissions Reduction Project has now been extended into the first quarter of 2012. ­

Aurora South Train 1

100,000

2016

Approved

­

Stage 3 Expansion

116,300

2006

Operating

Total E&P Canada Ltd.

50,000

2015

Application

200,000

TBD

Application Updated: Nov 2011

Poplar Creek

Updated: May 2011

E-T has announced a deal (undisclosed value) with Total E&P Canada for ongoing testing, as well as $6.86 million in funding from the Climate Change and Emissions Management Corporation. E-T

­

Joslyn North Mine

­

Phase 1

­

Joslyn South Mine

­

Phase 1

­

Northern Lights Mine

­

Phase 1

­

Phase 2

Updated: Aug 2011 100,000

2018

Approved Updated: Dec 2010

100,000

TBD

Announced Updated: Nov 2010

57,250 57,250

TBD TBD

On Hold On Hold

Athabasca Oil Sands Corp. ­

­

Phase 1 Pilot

10,000 1,000

2014 2007

Husky Energy Inc.

NORTH ATHABASCA REGION — IN SITU

Frontier

­

Suncor Energy Inc.

­

TBD

Updated: Aug 2011

­equipment. Drilling of the first well pad is complete and the second is about 50 per cent complete.

Operating

100,000

STP McKay

including completion of central plant site and well pad civil work and procurement of all major

1978

Phase 1B

­

Announced

290,700

­

Southern Pacific Resource Corp.

Application

Base Mine Stage 1 & 2 Expansion

Operating

On Hold

TBD

­

2010

TBD

TBD

mines is deemed complete and has been referred to a joint-review panel.

100,000

TBD

15,000

anticipates regulatory approval for its commerical project in 2011.

Phase 1A

Pilot

35,000

Approved

­

­

Phase B

2018

Approved

Updated: May 2011

Phase A

100,000

2017

Grosmont

­

Aurora South Train 2

100,000

Royal Dutch Shell plc

­

­

Expansion

Application

Southern Pacific says construction is advancing on budget, with a number of milestones achieved,

shortly. The environmental impact assessment for both the Jackpine expansion and Pierre River ­

2013

­

Updated: May 2011

Syncrude Canada Ltd.

­

Base Operations

­

Telephone Lake Borealis

viewing information about the opportunity.

Suncor says that with major maintenance now behind it at its oilsands facilities, it is looking forward

1,720

Canada’s Grosmont acreage.

­

Pilot

purchase of additional leases in the Grosmont carbonate zone included “non-core” portions of Shell

REGULATORY STATUS

Suncor Energy Inc.

Oak Point Energy reports that engineering and procurement is ongoing. ­

START-UP

of August post-fire repairs. Saipem has been awarded the EPC contract for a secondary upgrader

45,000

Updated: Nov 2011

­

Canadian Natural is reporting that synthetic crude oil shipments from Horizon resumed at the end

Phase 2B

Lewis

Birch Mountain

Announced

Phase 2A

Oak Point Energy Ltd.

­

TBD

­

Announced

New information this month

PEACE RIVER REGION

40,000

­

Updated: Sep 2011

Canadian Natural Resources Limited

Phase 4 Equinox

Operating

2016

NEW Export Pipelines

­

2008

12,000

COLD LAKE REGION

Canadian Natural Resources Limited

135,000

Pilot

­

Announced

Phase 1

Birchwood

­

INDUSTRIAL HEARTLAND REGION

TBD

­

­

SOUTH ATHABASCA REGION

80,000

with production capacity of 42,599 bpd of hydrotreated gas oil as part of the Hydrotreater Phase 2.

Application

accessed on winter roads.

Phase 3

Updated: Sep 2011

TBD

SASKATCHEWAN REGION

­

Horizon

20,000

NORTH ATHABASCA REGION

NORTH ATHABASCA REGION — MINING ­

REGULATORY STATUS

Marathon Oil Corporation

Cenovus Energy Inc. CURRENT PROJECT

Phase 2

START-UP

CAPACITY

Dover West Clastics

Updated: Aug 2011

­

Sunrise

Updated: Aug 2011

­

Firebag

Updated: Aug 2011

First oil from Firebag Stage 3 achieved as planned in July. Production volumes expected to ramp up to capacity of 62,500 barrels per day over the next 24 months. In July, it also started production

Updated: Dec 2010

Updated: Mar 2011

Husky says that the Sunrise project continues to achieve its milestones, with the first 12 of 49 SAGD

Suncor says that higher bitumen supply from its in situ and mining projects and greater upgrader

well pairs recently completed on schedule. The full drilling program is forecast to be complete in the

reliability resulted in record production rates in the fourth quarter of 2010. The company has

third quarter of 2012. A full field development plan including Sunrise expansions is expected by the

­confirmed that the MacKay River expansion is a key part of its near-term plans and will spend ­

end of the year.

$70 million on the project in 2011.

­

Phase 1

60,000

2014

Construction

­

MR2

40,000

2016

Application

­

Phase 2

50,000

2016

Approved

­

Phase 1

33,000

2002

Operating

­

Phase 3

50,000

TBD

Approved

Sunshine Oilsands Ltd.

­

Phase 4

50,000

TBD

Approved

Ivanhoe Energy Inc.

­

Harper

Updated: May 2011

Sunshine Oilsands has raised $230 million and secured significant investments including from

options to progress its projects to commercialization. Regulatory application to be filed before the

AOSC reports that it is on track to submit regulatory applications for its Dover West projects before

­

Tamarack

end of 2011.

year-end 2011.

Ivanhoe has been issued a new Canadian patent for its HTL (heavy-to-light) oil technology, broad-

single-well CSS test. Results from the test were presented to the ERCB, which subsequently encouraged the company to continue investigation of the formation through extension of its pilot permit.

­

Phase 1

80,000

2020

Announced

­

Phase 1

12,000

2015

Announced

ening and expanding its IP in Canada.

­

Phase 2

80,000

TBD

Announced

­

Phase 2

35,000

2018

Announced

­

42 OILSANDS REVIEW | DECEMBER 2011

Phase 1

Updated: Aug 2011

20,000

2013

Application

China Life Overseas and Bank of China Group. At Harper, it reports it has successfully conducted a

­

Carbonate Pilot

1,000

2011

Operating

DECEMBER 2011 | OILSANDSREVIEW.COM 43


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