Asset Report

Peace River/Carmon Creek

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The Peace River project lies 300 kilometres to the west of the main Athabasca oil sands deposit in northeastern Alberta. CNRL operates the project with a 100% interest. Bitumen is currently recovered using the Cyclic Steam Stimulation (CSS) method with horizontal wells. The current plant capacity is 12,500 b/d of bitumen, but production in 2021 was just 2,700 b/d bitumen. CNRL has optimized the facility and pads, and has slowly ramped up production in 2022 through 2023 with output back ...

Table of contents

  • Summary
  • Key Issues
  • Emissions
    • Wells/SOR
    • Plant Facilities
  • Initial Development
  • Carmon Creek Expansion
  • Capital Costs
    • Extracting Cost
    • Steam Cost
    • Carbon Costs
    • Transportation Costs
    • Total Opex
  • Cash flow
  • Global Economic Model (GEM) filename
  • Cash Flow

Tables and charts

This report includes the following images and tables:

    Peace River Index MapPeace River Detail MapParticipation
    Reservoir CharacteristicsReserves (2P) at 01/01/2026Contingent Resources (2C) at 01/01/2026Production (2015-2024)Production ProfileCapital Costs Pre-2015 to 2023 (US$ million)Cash Flow (US$)PV Table (US$)Summary Table (US$)
  • 5 more item(s)...

What's included

This report contains:

  • Document

    Peace River/Carmon Creek

    XLS 611.00 KB

  • Document

    Peace River/Carmon Creek

    PDF 2.65 MB