OIL SAND'S STOCKS. At a Glance . . . ● We operate a large oil sand mine, utilities plant, bitumen extraction plant and upgrading facility that processes bitumen and produces value-added light, sweet crude oil for domestic consumption and export.
We call our product Syncrude Sweet Blend (SSB). ● In 2005, we produced 78.1 million barrels of Syncrude Sweet Blend. Canadian Oil Sands Trust - Investor Centre. Imperial Oil - Investors. (IMO:TOR) - Imperial Oil Ltd. MarketWatch. Imperial Oil Limited (USA): NYSEMKT:IMO quotes & news - Google Finance. MUR Stock Quote - Murphy Oil Corp. Stock Price Today (MUR:NYSE)
Murphy Oil Corporation - Investor Overview (Gulf of Mexico too) Conoco Oil Sands Partnership. Oil Sands - ConocoPhillips. This resource requires special extraction methods to get it out of the ground and into a state where it is fluid enough for transportation by pipeline.
ExxonMobil Corp Stock Quote XOM. ConocoPhillips Selling Canada Oil Sands Assets (COP, IMO, XOM) By Sara Murphy | More Articles | Save For Later August 9, 2013 | ConocoPhillips (NYSE: COP ) has agreed to sell its interest in the Clyden oil sands leasehold in Canada to Imperial Oil (NYSEMKT: IMO ) and ExxonMobil Canada, a unit of ExxonMobil (NYSE: XOM ) .
The purchase price is roughly $720 million, from which ConocoPhillips expects to record a gain of roughly $450 million after taxes. According to Imperial Oil's press release on the transaction, Imperial Oil is acquiring a 27.5% stake, while ExxonMobil Canada is purchasing the remaining 72.5%. ExxonMobil Canada will reduce its stake to become an equal partner with Imperial Oil once ExxonMobil brings on a third partner.
NXY: Stock Quote - Nexen Energy ULC. Syncrude Athabasca Oil Sands Mine, Alberta. Syncrude - a joint venture of oil and gas companies mining the Athabasca oil sands - holds eight leases covering 258,000ha, 40km north of Fort McMurray. It is ranked as the world's largest producer of synthetic crude from oil sands and the biggest single source in Canada. The consortium runs three separate mines – the original Base Mine and the North Mine, both near to Mildred Lake on lease 17, together with the Aurora mine some 35km to the north. The upgrader facility, also located on lease 17, treats oil sands from all three.
Corporate Support. Canada Ltd. - Support Tools for Reliable Integrated Process Enablers at Syncrude * Important changes are coming – Syncrude STRIPES Project go-live is January 1, 2012.
Syncrude Canada Ltd. is making some changes that will affect the way we do business with you. In 2012, Syncrude is changing the way all financial and accounting transactions, including order fulfillment and procurement processes are managed. We believe the adoption of the STRIPES system and processes will improve overall operational integrity and our valued business relationships. How will this affect you? STRIPES stands for "Support Tools for Reliable Integrated Process Enablers at Syncrude. " This web page contains a summary of the upcoming system and process changes that may impact your business. What do you need to do? Please review the information here to better understand the impacts.
Canada Ltd. - Owners / Investors. The Syncrude Project is a Joint Venture undertaking among Canadian Oil Sands Partnership #1, Imperial Oil Resources, Mocal Energy Limited, Murphy Oil Company Ltd., Nexen Oil Sands Partnership, Sinopec Oil Sands Partnership and Suncor Energy Ventures Partnership, as the project owners, and Syncrude as the project operator.
Syncrude’s Mildred Lake facility is located 40 kilometres north of Fort McMurray. The Syncrude Project was undertaken and continues to be operated for the purpose of producing crude oil and other lease substances from the mining and processing of oil sands, located on leases within the Athabasca Oil Sands Region, that have been committed to the project by the Owners. Each Joint Venture Owner has a specific undivided co-ownership interest in the assets of the Syncrude Project, as set out in the diagram above. Canada Ltd. - Syncrude president and CEO speaks to local Chamber of Commerce. Syncrude President and CEO Tom Katinas In February, Syncrude president and CEO, Tom Katinas, spoke about Syncrude's record at the Fort McMurray Chamber of Commerce luncheon before an audience of more than 200—the largest crowd since Premier Stelmach's visit.
Tom addressed some of the criticisms that have been launched against the oil sands by talking about Syncrude's ongoing activities to reduce our environmental effects, including the $1.6-billion Syncrude Emissions Reduction Project which will help reduce our sulphur emissions by 60% when it is up and running in 2011. On the issues related to water, Tom explained that Syncrude does not release any process water back into the environment and 80 per cent of the water used is recycled. In response to the criticism about land disturbance, he noted that Syncrude has reclaimed 22% of the land disturbed by our operations. Wood Buffalo Deputy Mayor Mike Allen echoed the sentiment. . « back to Synergy intro. Syncrude. Minesite at Syncrude's Mildred Lake plant Syncrude Canada Ltd. is one of the world's largest producers of synthetic crude oil from oil sands and the largest single source producer in Canada.
It is located just outside Fort McMurray in the Athabasca Oil Sands, and has a nameplate capacity of 350,000 barrels per day (56,000 m3/d) of oil, equivalent to about 13% of Canada's consumption.[1] It has approximately 5.1 billion barrels (810,000,000 m3) of proven and probable reserves (11.9 billion when including contingent and prospective resources) situated on 8 leases over 3 contiguous sites.[2] Including fully realized prospective reserves, current production capacity could be sustained for well over 90 years.[3] The company is a joint venture between seven partners.
As a result, Syncrude is not traded directly, but rather through the individual owners. History[edit] Syncrude was formed as a research consortium in 1964. Controversies[edit] Pollution[edit] Globeandmail.com: Piece of oil sands first to be certified as reclaimed. EDMONTON — A former dumping ground for earth removed from a bitumen strip mine has become the first piece of land officially certified as reclaimed from any of Alberta's oil sands, a step both Syncrude and government officials called a milestone in easing concerns over the megaprojects.
But environmentalists say the certification doesn't mean much, since the reclaimed site bears little resemblance to the open pits and tailings ponds that will be the real challenge. The 104 hectares of forest and ponds about 30 kilometres north of Fort McMurray is once again home to deer, coyotes and other wildlife, Syncrude spokesman Alain Moore said. “If people aren't looking closely, it blends into the natural landscape,” he said. “It's a big milestone for us.” Since 1983, Syncrude has planted more than 200,000 seedlings in the area, including aspen and spruce trees.
The final certification came after inspectors visited the site last week, Mr. Ms. But Ms. Mr.