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Conoco Delivers First Oil at Surmont 2
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ConocoPhillips has safely delivered first oil at its Surmont 2 in-situ oil sands facility in Canada, marking a significant milestone for the megaproject.
Ryan Lance, chairman and chief executive officer said: "The oil sands are an important part of our portfolio. We’re pleased to see a project of this magnitude move from the capital phase to the production phase, knowing that it will produce for decades to come. Achieving this milestone on schedule demonstrates our continued commitment to meet our operational targets."
Construction of the Surmont 2 facility, the largest single-phase steam-assisted gravity drainage (SAGD) project ever undertaken, began in 2010. Earlier this year, ConocoPhillips announced first steam, the initial step towards production. Since that milestone, steam has…
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