Oil Sands News
Suncor announced that it has resumed normal operations after
completing maintenance on Upgrader 2 at its oil sands facility.
Output from the facility during the maintenance was approximately
205,000 bpd of bitumen, which far exceeded the anticipated 140,000
bpd of production. The company also reported that construction at
its Firebag Stage 3 expansion is nearly complete and production
ramp is proceeding in line with expectations. Production from that
facility in the first quarter of this year was up more than 12,000
bpd of bitumen relative to the last quarter of 2011, reaching
96,000 bpd.
MEG Energy began the year with its thirdstrongest quarter on
record, producing an average of 28,446 bpd in the first quarter
with a steam‐to‐oil ratio (SOR) of
approximately 2.5. Even accounting for a planned three week
shutdown in September of this year, the company still anticipates
annual bitumen production of 26,000 to 28,000 bpd. Following the
shutdown, during
