Cold Lake Nabiye oil sands expansion project, Canada
Name and Location
Cold Lake Nabiye oil sands expansion project, Alberta, Canada.
Client
ExxonMobil Development Company, on behalf of the Cold Lake project operator Imperial Oil, ExxonMobil’s majority-owned Canada affiliate.
Project Description
The Cold Lake facility is the largest and longest-running in situ oil sands operation in Canada, and includes five steam-generation and bitumen production plants. The operation has produced an average of 150 000 bbl/d of bitumen in recent years.
The expansion project involved the development of a new steam-generation and bitumen processing plant, field production pads and associated facilities, including a 170 MW electrical cogeneration plant that improves the plant’s energy efficiency.
Other features designed to improve environmental performance include sulphur-recovery facilities and an advanced wellpad design that reduces the field footprint by more than 40%.
Net Present Value/Internal Rate of Return
Not stated.
Value
$2-billion.
Duration
The expansion was sanctioned in February 2012 and bitumen production began in May this year.
Latest Developments
The expansion is producing about 20 000 bbl/d and volumes are expected to increase during the year to 40 000 bbl/d.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
ExxonMobil media relations, tel + 1 972 444 1107.
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