Oilsands Review Project Status October 2012

Page 1

P R o J E C t S tAt u S

project status

10 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 www.oilsandsreview.com.

CuRREnT PRoJECT

CaPaCiTy

sTaRT-uP

REGulaToRy sTaTus

135,000

2008

operating

10,000

2014

approved

Phase 2B

45,000

TBD

approved

Phase 3

80,000

TBD

approved

5,000

2012

operating

millennium Debottlenecking

Phase 1

110,000

2012

Construction

Phase 2

110,000

2015

Construction

Phase 3 Debottleneck

70,000

2020

approved

Shell Albian Sands Jackpine

Updated: Aug 2012

The Government of Canada’s joint review panel reviewing the proposed Jackpine mine expansion has determined that it has sufficient information to proceed to a public hearing. The hearing will commence on oct. 29, 2012, at macDonald island Park in fort mcmurray. Expansion

100,000

2017

application

Phase 1a

100,000

2010

operating

100,000

TBD

Muskeg River

approved Updated: Aug 2012

shell reports that the athabasca oil sands Project (muskeg River and Jackpine) has now reached the milestone of 500 million barrels of cumulative production.

sTaRT-uP

REGulaToRy sTaTus

Commercial

155,000

2002

operating

Expansion & Debottlenecking

115,000

TBD

approved

Pierre River

Updated: Aug 2012

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 1

100,000

2018

application

Phase 2

100,000

TBD

application

Updated: Jul 2012

2008

operating

294,000

1967

operating

north steepbank Extension

180,000

2012

operating

4,000

2007

operating

steepbank Debottleneck Phase 3

23,000

Fort Hills

Updated: Jul 2012

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

Updated: Jul 2012

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.

Phase 1B

CaPaCiTy

millennium mine

Debottleneck

kearl

NEW INFORMATION THIS MONTH

suncor says it has its tailings reduction operations (TRo) infrastructure project and 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.

Imperial Oil Limited

Base Operations Updated: Aug 2012

Canadian natural says its third ore preparation plant, now fully operational, is contributing to safe, steady and reliable operations. The staged expansion to 250,000 barrels per day continues to progress on track, although Canadian natural has reduced its 2012 project capital for Horizon by $330 million to $1.55 billion. The company says this is a result of overall cost reductions and strategic deferrals to achieve greater cost certainty.

Tranche 2

NEW EXPORT PIPELINES

Suncor Energy Inc.

Horizon

Phase 2a

INDUSTRIAL HEARTLAND REGION

COLD LAkE REGION

CuRREnT PRoJECT

Canadian Natural Resources Limited

Phase 1

SASkATCHEWAN REGION

SOUTH ATHABASCA REGION

PEACE RIVER REGION

NORTH ATHABASCA REGION — MINING •

NORTH ATHABASCA REGION

Phase 1

25,000

TBD

approved

165,000

2016

approved

Voyageur South

Updated: May 2012

suncor considers Voyageur south to be a “longer-term” project and has not confirmed a start-up date. Phase 1

120,000

TBD

application

Syncrude Canada Ltd. •

Mildred Lake/Aurora North & South

Updated: Aug 2012

lead partner Canadian oil sands says Coker 8-3, the newest part of the syncrude upgrader, has achieved a run length of 36 months. Coker 8-2 achieved the same last year. average coker run lengths at syncrude over the past five years have been 28 months. 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

operating

116,300

2006

operating

stage 3 Expansion Teck Resources Limited 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

Phase 2

80,000

2024

application

Phase 3

80,000

2027

application

Phase 4 Equinox

40,000

2030

application

Total E&P Canada Ltd. Joslyn North Mine

Updated: Jul 2012

Project partner suncor Energy says development plans will be submitted to the companies’ respective boards of directors for a sanctioning decision in 2013. Phase 1

100,000

2018

approved

OCTOBER 2012 | oilsanDsREViEW.Com 45


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