Our teams are always looking for ways to either improve existing technology or pursue new technology in an effort to improve the way we operate. We have four industry-leading producing oil projects where we use specialized methods to drill and pump the oil: Foster Creek, Christina Lake and Pelican Lake in northeast Alberta, and the Weyburn field in southeast Saskatchewan.
Our Foster Creek and Christina Lake projects are located in Canada's oil sands
We currently have two producing steam-assisted gravity drainage (SAGD) projects in the oil sands, Foster Creek and Christina Lake. The oil at Foster Creek and Christina Lake is located about 350 to 450 metres below the surface and requires specialized methods to drill and pump the oil to the surface. The primary technology we use for these two projects is SAGD, a process which injects steam into the reservoir to soften the oil so it can be pumped to the surface. These are two of the oil sands projects in our 50/50 business venture with ConocoPhillips.
Our Pelican Lake project is located in northern Alberta
We produce heavy oil from the mobile Wabiskaw formation at our 100 percent-owned Pelican Lake project, about 300 kilometres north of Edmonton. Since 2006, polymer has been injected along with waterflooding technology to optimize horizontal drilling and enhance production from this reservoir.
Narrows Lake is our third project in Canada's oil sands
Narrows Lake is an oil sands project located near Christina Lake. It's expected to have a total gross production capacity of 130,000 barrels per day, three phases and a project life of up to 40 years. Ground work for the initial phase of 45,000 gross barrels per day began in the fall of 2012. Given the current oil price environment this project has been deferred.
Our Weyburn facility is located in southeast Saskatchewan
CO2 injection is the oil recovery method we use to increase oil production at the Weyburn oilfield, which is expected to extend its life by about 30 years. Our Weyburn facility is the site of the world's largest geological carbon storage project, and one of Canada's largest enhanced oil recovery operations.