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Suncor: Mildred Lake Facility Incident Will Not Affect 2017 Guidance

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   |    Thursday,April 20,2017

Suncor updated the Syncrude Mildred Lake Oil Sands facility following the March 14 incident.

Syncrude has developed a detailed repair schedule and return to service plan that includes the completion of a planned turnaround which Syncrude advanced in order to minimize the impact of the outage. The plant is currently operating at reduced rates and Suncor will continue to assist in inventory management.

The investigation and inspection show that damage was largely isolated to a piperack adjacent to the hydrotreater. An accelerated repair schedule has been developed to achieve restart of pipeline shipments at approximately 50% capacity in early May and production is expected to return to full rates by the end of June.

Suncor does not expect this outage to result in a change to overall production guidance for 2017 as strong production from oil sands and offshore operations is expected to offset the impact.


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