MEG Energy gets the ball rolling on May River Project
MEG Energy has kicked-off the regulatory review process for its May River Project with the Alberta Energy Regulator (AER).
May River is located just west of MEG's Christina Lake facility and has an ultimate design capacity of 160,000 bbl/day. The company plans to develop the property in three phases: Phase 1 and 2 at 40,000 bbl/day each and a final Phase 3 of 80,000 bbl/day. The facility will employ steam-assisted gravity drainage (SAGD) technology to extract bitumen from the McMurray Formation.
The project will include a co-generation steam and power plant, water treatment and bitumen processing facilities as well as construction and operations camps.
If all approvals are received on time, construction could begin as early as 2019 with first-steam anticipated for about 2023.