https://www.miningweekly.com
Energy|Export|Pipelines|Resources|Trucks
Energy|Export|Pipelines|Resources|Trucks
energy|export|pipelines|resources|trucks

Fort Hills partners to restart second train

The Fort Hills ore preparation plant.

The Fort Hills ore preparation plant.

9th September 2020

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

     

Font size: - +

The Fort Hills oil sands mine, in northern Alberta, will restart the second primary extraction train, ramping up production to about 120 000 bbl/d by the end of the year, majority owner Suncor Energy announced on Tuesday.

The second train at the Fort Hills joint venture with Total and Teck Resources will be restarted this month and once operational, the owners would evaluate further increases to production.

Production has been stifled at the 194 000 bbl/d oil sands mine since the Alberta government in 2019 mandated an oil curtailment order to ease congestion on export pipelines.

The restart of the second train at Fort Hills will lay the foundation for improved cost effectiveness through optimisation of the mine fleet, without the use of additional contractors, and will include the completion of the full deployment of autonomous haul trucks by the end of 2020.

Teck said in a statement that, assuming ongoing production at Fort Hills on this basis, its production guidance for the year had been narrowed from between 100 000 bbl/d and 120 000 bbl/d, to about between 105 000 bbl/d and 115 000 bbl/d. Teck’s share is 21.3%.

The unit operating costs guidance has also been lowered by C$2 a barrel to between C$35/bbl and C$38/bbl for the year.

Edited by Creamer Media Reporter

Comments

Showroom

Flameblock
Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

VISIT SHOWROOM 
AutoX
AutoX

We are dedicated to business excellence and innovation.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

PGMs and green hydrogen make headlines
PGMs and green hydrogen make headlines
19th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.179 0.215s - 89pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: