WebOur 100% owned Foster Creek project began operating as a pilot in 1997 and has been operating commercially since 2001. It was the first commercial oil sands project to use … WebSep 18, 2014 · Cenovus Energy Inc , Canada’s No. 2 independent oil producer, said on Wednesday it has begun producing oil from the sixth expansion stage of its Foster …
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Cenovus Shuts Alberta Oil Sands Site Due to Forest Fire - WSJ
WebJun 25, 2024 · In 2001, the Cenovus Foster Creek plant became the first commercial oil sands project to use SAGD technology. The project is located on the Cold Lake Air Weapons Range — an active Canadian military base, about 330 kilometres northeast of Edmonton, Alberta. The oil at Foster Creek sits about 450 metres below the surface. Cenovus has four producing projects in the oil sands – Foster Creek, Christina Lake (Alberta), Sunrise (jointly owned with BP Canada and operated by Cenovus) and Tucker. All projects use a drilling method called steam-assisted gravity drainage (SAGD). On May 17, 2024, Foster Creek and Christina Lake became 100 percent owned and operated by Cenovus. In December 2024, Cenovus announced the sale of the Tucker oil sands project to Strathcona Resources. In June … WebApr 29, 2015 · The operator of the Christina Lake and Foster Creek oil-sands projects in northern Alberta said a 49% slump in average Brent crude oil prices from a year earlier more than offset the increase in ... kid friendly restaurants in birmingham al