Name: Canada's oil sands: infrastructure woes weigh on Q4 2017
Brand: Wood Mackenzie
SKU: 83427
Price: 1350 USD
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Author: Wood Mackenzie

Insight 05 March 2018

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            <h3 class="mega store_featured_content_extrabold store_font_black">Report summary</h3>
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Project start ups at Fort Hills and Horzion Phase 3 in Q4 2017 means production is accelerating higher into 2018. SAGD project contributions from JACOS Hangingstone and the upcoming KNOC BlackGold also add pressure to an already constrained export system. Infrastructure issues and the wider Canadian price discounts were major stories in Q4 and will continue into 2018. We highlight the project news behind record production levels while also touching on lower operating costs, regulatory changes and Alberta's newest flowing refinery.</div>
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                    <h3 class="alpha push-half--bottom">Table of contents</h3>

<li class="list__item-toggle font-semibold">
        Executive summary
    </li>

<li class="list__item-toggle font-semibold">
        Benchmark prices and bitumen realisations
    </li>

<li class="list__item-toggle font-semibold">
        In situ production
    </li>

<li class="list__item-toggle font-semibold">
        Mining production
    </li>

<li class="list__item-toggle font-semibold">
        Operating costs
    </li>

<li class="list__item-toggle">
        <a href="#3134e823-3db0-4692-a484-d194ac9b9cf8" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="3134e823-3db0-4692-a484-d194ac9b9cf8" aria-expanded="false">
            Other significant events
        </a>
        <ul id="3134e823-3db0-4692-a484-d194ac9b9cf8" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        Federal government introduces the Canadian Energy Regulator amidst provincialpipeline quarrelling
    </li>
    <li class="push-quarter--bottom">
        Sturgeon refinery flows first diesel
    </li>
    <li class="push-quarter--bottom">
        Alberta stimulating investment in partial upgrading
    </li>
    <li class="push-quarter--bottom">
        Suncor bolsters Fort Hills and Syncrude mining ownership while filing regulatory plans for Lewis SAGD
    </li>
    <li class="push-quarter--bottom">
        Suncor goesdriverless
    </li>
    <li class="push-quarter--bottom">
        MEG disposes of Access
    </li>

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    </li>

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<h3 class="alpha push-half--bottom">Tables and charts</h3>

<p class="push-half--bottom">This report includes the following images and tables:</p>

<ul class="list list--bullets">
         <li class="list__item push-quarter--bottom">Benchmark pricing</li><li class="list__item push-quarter--bottom">Benchmark price performance</li><li class="list__item push-quarter--bottom">Historic WCS prices</li>
     </ul>
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        <ul class="list list--bullets panel-toggle" id="6868387feb594daaa66b1b02603b2a9b">
            <li class="list__item push-quarter--bottom">Realised bitumen prices face a wider discount to WTI</li><li class="list__item push-quarter--bottom">In situ projects producing &gt;30,000 b/d</li><li class="list__item push-quarter--bottom">In situ projects producing &lt;30,000 b/d</li><li class="list__item push-quarter--bottom">Mining project production</li><li class="list__item push-quarter--bottom">Mining operating costs</li><li class="list__item push-quarter--bottom">In situ operating costs</li><li class="list__item push-quarter--bottom">Western Canada oil supply - local refinery consumption vs pipeline takeaway capacity</li>
        </ul>
        
    </div>

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<div class="col small-12 large-4 push--bottom">
                    
<h3 class="alpha push-half--bottom ">What's included</h3>
<p class="push-half--bottom ">This report contains:</p>
<ul class="list"><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#232323"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg>
<p class="font-regular" >Canada's Oil Sands Q4 2017.xlsx</p>
<p class="uppercase delta">
    <span>XLSX</span>
    <span>279.23 KB</span>
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</li><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#232323"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg>
<p class="font-regular" >Canada's oil sands: infrastructure woes weigh on Q4 2017</p>
<p class="uppercase delta">
    <span>PDF</span>
    <span>389.42 KB</span>
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