Conventional oil and natural gas
Deep Basin
Our extensive land position and operations in the Deep Basin extend from Elmworth to the Clearwater area. Opportunities in these regions include multiple subsurface zones that are developed using advanced horizontal drilling and multistage hydraulic fracturing techniques.
The Northern Corridor, which includes the Elmworth, Wapiti and Kakwa assets, is located in northwest Alberta. This region has a significant resource base and contains the Cenovus-operated Elmworth gas plant, one of the largest natural gas facilities in Alberta. We also have working interests in the Kakwa, Wapiti and Berland natural gas processing facilities in the region.
In the Edson area in west-central Alberta, Cenovus owns 100% of the Peco and Wolf gas plants. These facilities are complemented by a long-term processing agreement and operatorship of the Corser plant. Our development programs in the area leverage Cenovus-operated gathering and processing infrastructure.
The Clearwater area, also in west-central Alberta, includes the Cenovus-operated Sand Creek and Alder Flats facilities, which process the majority of our liquids rich production.
Montney
The Montney Formation is one of North America's most significant gas resources. We have a dry gas position in British Columbia and liquids-rich land holdings in Alberta, complementing our Deep Basin position.
Rainbow Lake
Rainbow Lake is located approximately 900 kilometres northwest of Edmonton, Alberta and consists of two distinct resource areas, Rainbow Lake and Bivouac, with two natural gas plants and multiple field facilities. Cenovus also holds a 50% working interest in a 90-megawatt natural gas-fired cogeneration facility adjacent to our Rainbow Lake processing plant.