Insight
Canada's Oil Sands: Imperial announces first production from Kearl
Loading current market price
Report summary
The start-up of Imperial and ExxonMobil's Kearl makes it the first oil sands mining project without an associated upgrader. Phase 1 will incrementally ramp up to its design capacity of 110,000 b/d over the course of 2013. We value Kearl, including the first two phases and subsequent debottlenecking, at Cdn$13.8 billion (US$12.8 billion).
What's included
This report contains
Table of contents
- Kearl's Phase 1 on its way to 110,000 b/d
- Phase 2 and beyond will push to 345,000 b/d
- Positive project economics despite cost overrun
- First mining project to market non-upgraded product
- What next for oil sands mining sector?
- Appendix – Economic assumptions and company refining positions
Tables and charts
This report includes 3 images and tables including:
Images
- Changes to WTI pricing relationship yield massive value swings for both Kearl phases
- Kearl now the fifth and most north-easterly onstream mining project
Tables
- ExxonMobil and Imperial benefit from a large and diverse North America refining presence
You may be interested in
Company report
Suncor Energy corporate - latest WM quarterly data
Company report
Statoil corporate - latest WM quarterly data
Company report
Sinopec Group corporate - latest WM quarterly data
Questions about this report?
-
Europe:+44 131 243 4699
-
Americas:+1 713 470 1900
-
Asia Pacific:+61 2 8224 8898