Brion Energy's MacKay River finally starts steaming
Brion Energy announced First Steam was achieved last week at their freshly commissioned MacKay River Commercial Project (MRCP). The company expects to achieve first oil in August 2017.
The first phase of MRCP is expected to produce 35,000 bbl/day, although Brion hopes to eventually expand capacity to 150,000 bbl/day through phased construction. MRCP uses steam-assisted gravity drainage (SAGD) to extract bitumen from the Wabiskaw-McMurray formation within the Athabasca deposit, about 30 km northwest of Fort McMurray. Phase 1 includes 9 SAGD well pads consisting of 46 well pairs.
The project received regulatory approval in December of 2011 and was initially expected to begin production in 2015. However, construction dragged on longer than expected due to harsh winter conditions, the spring wildfires and low oil prices.
Brion Energy was established in 2010 as a joint venture between Athabasca Oil Sands Corp. and PetroChina. Athabasca Oil Sands divested its remaining stake in MackRay River as part of a loan repayment deal in January of 2012. PetroChina is 86% owned by the Chinese government through China National Petroleum Corporation (CNPC).
BRION ENERGY MACKAY RIVER COMMERCIAL PROJECT AER ANNUAL PERFORMANCE PRESENTATION
BRION ENERGY OPERATIONS ON TRACK TO PRODUCING 400,000 BBL/DAY