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Oil Sands And In Situ – Suncor Energy Inc.

Suncor Energy Inc. · Nov 1, 2014 · 17 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Oil Sands And In Situ – Suncor Energy Inc. – slide 1
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  2. Oil Sands And In Situ – Suncor Energy Inc. – slide 2
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  3. Oil Sands And In Situ – Suncor Energy Inc. – slide 3
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  4. Oil Sands And In Situ – Suncor Energy Inc. – slide 4
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  5. Oil Sands And In Situ – Suncor Energy Inc. – slide 5
    Most experienced Oil Sands operator Mining and In Situ expertise Proven record of executing growth projects Large, high quality resource base Nearly 6 billion barrels proved plus probable reserves, and over 19 billion barrels of best…
  6. Oil Sands And In Situ – Suncor Energy Inc. – slide 6
    Leader in development and implementation of oil sands commercial and environmental technologies TROTM is a process developed by Suncor that is expected to significantly improve the speed of tailings reclamation1 In 2013, Suncor became…
  7. Oil Sands And In Situ – Suncor Energy Inc. – slide 7
    Oil Sands Base assets (100% WI) currently operating include Millennium & North Steepbank Extension Mine complex Bitumen extraction ranges from 300,000 to 330,000 b/d, depending on ore grade Upgraders 1 and 2 350,000 b/d of synthetic…
  8. Oil Sands And In Situ – Suncor Energy Inc. – slide 8
    Production growth in both SCO and non-upgraded bitumen over the period reflects improved reliability, In Situ expansion and low cost debottlenecks Opportunity to demonstrate capacity of system, as no major turnarounds are planned in…
  9. Oil Sands And In Situ – Suncor Energy Inc. – slide 9
    Increasing bitumen length and record Q3 2013 production Firebag 3 & 4 and infill wells Infrastructure debottleneck (July 2013) new import facilities for third-party condensate blending allow increased In Situ bitumen sales directly to…
  10. Oil Sands And In Situ – Suncor Energy Inc. – slide 10
    Drive to become operationally excellent is delivering results In Situ unit costs are competitive with peers 2014 figures reflect higher anticipated natural gas prices When pad capital is included, costs approximate those of Mining &…
  11. Oil Sands And In Situ – Suncor Energy Inc. – slide 11
    Path to planned production of 500,000 b/d includes Firebag complex has fully ramped up, with daily rates regularly achieving 90% to 95% of planned capacity of 180,000 b/d Debottleneck and expansion projects to optimize existing…
  12. Oil Sands And In Situ – Suncor Energy Inc. – slide 12
    Debottleneck projects are expected to be lower risk and less capital intensive Maximize bitumen feed for upgrading and direct-to-market sales Across all projects, average estimated cost of 20,000-30,000 per flowing barrel…
  13. Oil Sands And In Situ – Suncor Energy Inc. – slide 13
    By combination of size, quality, proximity and future development potential, Firebag, Lewis, Meadow Creek, and MacKay River represent an enviable, industry-leading position Alberta Energy Regulator (AER) estimate for Remaining Established…
  14. Oil Sands And In Situ – Suncor Energy Inc. – slide 14
    Large and excellent resource base enables replication strategy Identified over ten pockets of resource with similar geological characteristics that are large enough to gain scale High quality, accessible resource can be produced with…
  15. Oil Sands And In Situ – Suncor Energy Inc. – slide 15
    Upgrader focus on reliability before debottlenecks Focus on exceeding 90% utilization Several debottleneck opportunities identified in upgrading Could increase nameplate capacity by 5-10% Fort Hills bitumen planned to be processed by…
  16. Oil Sands And In Situ – Suncor Energy Inc. – slide 16
    Focus of technology investments: Targeting higher production, enhanced profitability and lower environmental impacts across our existing assets Also investing in game changing technology research Collaborative, knowledge-sharing…
  17. Oil Sands And In Situ – Suncor Energy Inc. – slide 17
    Suncor has a significant resource base in the oil sands Our operational excellence strategy is focused on sustainable, capital discipline that leverages our integrated business model to deliver profitable growth Oil Sands and In…

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