Christina Lake, a top-tier reservoir with huge potential for growth, is one of our two industry-leading oil sands producing projects. Located about 150 kilometres south of Fort McMurray, Alberta, we started Christina Lake in 2000. The oil at Christina Lake is located about 375 metres below the surface and requires specialized technology, like steam-assisted gravity drainage (SAGD) to drill and pump it to the surface. This project is 50 percent owned by ConocoPhillips.
Our growth plans
We currently have five phases (A-E) producing and construction is well underway on phase F. We’re anticipating first oil from phase F in in late 2016. Due to the substantial decline in crude oil prices, construction work on phase G has been deferred.
We expect to continue to progress our plant optimization project at Christina Lake, with a small production increase expected in the fourth quarter of 2015.
Did you know?
Christina Lake is one of the most efficient SAGD operations in the industry, with a steam to oil ratio (SOR) of 1.8 in 2014. A low SOR means we’re using less water and burning less natural gas to produce steam.
IMPORTANT NOTE: Cenovus presents production volumes on a net to Cenovus before royalties basis, unless otherwise stated.