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Syncrude JV

Company Summary

Description

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.

Website

http://www.syncrude.ca/our-company/ownership-and-i...

Related Entities

Recent news

  • 10/1/2021 - Suncor Assumes... (subscriber access)
  • 9/27/2021 - Syncrude Production... (subscriber access)
  • 11/24/2020 - Suncor Taking Over... (subscriber access)
  • 3/6/2020 - Syncrude Facility... (subscriber access)
  • 12/13/2019 - Syncrude Oil Production... (subscriber access)

Company Transactions

Date: 2/27/2018
Type: Acquisition

ASSETS:
  • Syncrude Canada
  • DETAILS:

    COST: 730 $MM

    VOLUMES: 17.5 M Bbls/d

    NOTES:
    Suncor reported that it has agreed to acquire an additional 5% stake in the Syncrude JV oil sands project from Mocal Energy
    REGIONS:
  • Syncrude Oil Sands
  • Date: 6/23/2016
    Type: Acquisition

    ASSETS:
  • Syncrude Canada
  • DETAILS:

    COST: 937 $MM

    VOLUMES: 17.5 MBOE/d

    NOTES:
    5% interest in Syncrude JV
    REGIONS:
  • Western Canadian Sedimentary Basin