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Syncrude's return to normal delayed to late June

Syncrude's return to normal delayed to late June

Suncor Energy warned this week that Syncrude's Mildred Lake facility will likely not return to normal until the end of June, almost a month later than initial estimates.

Suncor says damage from a fire that occurred on March 14 was largely isolated to a piperack adjacent to the hydrotreater and a detailed maintenance and restart schedule is now in place.

The company expects pipeline shipment to resume at about 50% capacity sometime in early May. Syncrude is currently running at reduced rates. Mildred Lake normally produces 350,000 bbl/day of upgraded bitumen, or light synthetic crude.

Suncor also says it continues to assist Syncrude in inventory management. Suncor did not revise its 2017 guidance since lost production from Syncrude will be offset by better than expected performance from its own oil sands operations and offshore production facilities. 

Suncor Energy owns 53.74% of the Syncrude project, which includes the Mildred Lake and Aurora North oil sands mining facilities, which feed bitumen to the Mildred Lake Upgrader.

BP's oil sands assets go up for sale

BP's oil sands assets go up for sale

Chevron finds buyer for BC refinery and fuel distribution

Chevron finds buyer for BC refinery and fuel distribution

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