It’s a philosophy taken to heart by a team at the ConocoPhillips-operated Surmont oil sands facility (known as Surmont Joint Venture with Total E&P Canada) in northeastern Alberta. Surmont is a steamassisted gravity drainage (SAGD) development that contains over a billion barrels of captured resources in the plan and there is further resource upside from the company’s other Canadian oil sands assets. As a result of the technology that will be implemented, production will ramp up through 2016 and 2017, adding 118,000 barrels of oil per day gross capacity. Edmonton, AB T5V 1P9 780-486-2422 dewar@dewarwestern.ca 780-486-2499. Interim reclamation allows oil sands developers to establish forest vegetation on disturbed areas many years in advance of the final reclamation, which occurs at the end of the project’s life and is a regulatory requirement. The Surmont leases fall in the southern Athabasca region of Alberta, approximately 80 kilometres south of Fort McMurray, an area that has been extensively explored and developed for natural gas projects and oil resources. The Surmont project is located approximately 60 kilometres southeast of Fort McMurray, Alberta, in the Athabasca oil sands region. The dataset covers most of the Surmont lease, in the giant Athabasca Oil Sands play of northern Alberta, Canada. ConocoPhillips has restarted production at its Surmont oil sands project, which had been shut down as a precaution due to a massive wildfire in northern Alberta, Conoco said in a statement on Tuesday. ConocoPhillips says it plans to cut production at its Surmont oil sands operation due to low oil prices until market conditions improve. At Montney, the company has progressed exploration and appraisal activities and plans to grow production significantly through the next decade. Construction for the facility, which is located at a 63km distance to the southeast of Fort McMurray in the Athabasca region of Alberta, started in 2010. Western Canada … Jul 26. Production over the next two years will increase to 118,000 barrels of oil per day. The company has led the Faster Forests collaboration since it was launched at its Surmont oil sands project south of Fort McMurray in 2009. Surmont. The Surmont leases consist of approximately 80 … Surmont Phase I began commercial oil production in October 2007 and Surmont Phase II began production in 2015. Operator ConocoPhillips and 50-50 partner Total SA have started production from their Surmont 2 in-situ oil sands facility situated 63 km southeast of Fort McMurray in the Athabasca region of Alberta. Last week, the Alberta government announced it has approved MEG Energy’s Surmont development plan. Ledcor MOD Yard. The Surmont Project is a proposed multi-phased development with a total design capacity of approximately 120,000 bpd. Surmont Conocophillips Total Oil Sands. Paris - Total announces the start-up of production from the Surmont 2 oil sands project, located 63 kilometers southeast of Fort McMurray in the Athabasca region of Alberta, Canada. The Surmont field alone contains something like 25 billions barrels of bitumen in place. Our production averaged 70,000 barrels of oil equivalent per day in 2018 and proved reserves were 200 million barrels of oil equivalent. A small acid leak has led to a temporary shutdown at ConocoPhillips Inc.’s (NYSE:COP) oil sands Surmont project in Alberta, Canada. Total SE announced an US$8.1-billion writedown after the coronavirus pandemic hammered energy prices and challenged assumptions about long-term demand growth for oil and gas. The Alberta government has approved the development plan for MEG Energy Corp.’s Surmont oil sands project 53 miles south of Fort McMurray. Nexen Long Lake. As a result, Total will be writing down a total of $7.3 billion in assets in the Fort Hills oil sands mine as well as the Surmont thermal oil sands project, of which it has a 24.6% and 50% ownership in, respectively.