Asset Report
Peace River/Carmon Creek
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
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
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Key Development Metrics
- Wells/SOR
- Plant Facilities
- Initial Development
- Carmon Creek Expansion
- Capital Costs
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Operating 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:
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Peace River Index MapPeace River Detail MapParticipation
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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:
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