uPgrading
LoNg LAKE
PRODUCTION (bbls/d)
2010
2011
2012
50,000
Of interest:
40,000
nexen inc. has been acquired by cnOOc limited for $15.1 billion, which would give cnOOc 100 per cent ownership of the long lake project. Operators continue their strategy to fill the long lake upgrader through new steam assisted gravity drainage drilling.
30,000
20,000
10,000
0
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC sOurce: energy resOurces cOnservaTiOn bOard
LOCATION OWNERSHIP PRODUCTION START
MAP REFERENCE
19
long lake south athabasca nexen inc. 65%, cnOOc limited 35% 2008
CURRENT UPGRADING CAPACITY (BBL/D)
58,500
AVERAGE DAILY SYNTHETIC CRUDE OIL PRODUCTION 2012 (BBL/D)
32,564
AVERAGE DAILY SYNTHETIC CRUDE OIL PRODUCTION 2011 (BBL/D)
30,148
PLANT NATURAL GAS PURCHASED 2012 (10 3 M 3)
145,702
PLANT NATURAL GAS PURCHASED 2011 (10 3 M 3)
211,300
PLANT NATURAL GAS GENERATED 2012 (10 3 M 3)
0
PLANT NATURAL GAS GENERATED 2011 (10 3 M 3)
0
PLANT ELECTRICITY PURCHASED 2012 (MWh)
727,482
PLANT ELECTRICITY PURCHASED 2011 (MWh)
699,540
PLANT ELECTRICITY GENERATED 2012 (MWh)
1,207
PLANT ELECTRICITY GENERATED 2011 (MWh)
15,471
AVERAGE REALIZED PRICE PER BARREL 2012*
$80.13
AVERAGE REALIZED PRICE PER BARREL 2011
$97.28
*Premium sweet crude to september 30
12 4 12 4
w w w. H e av y O i l g u i d e b O O k . c O m
PHOTO: JOey POdlubny
PROJECT