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Shutting in Canada's oil sands: like reheated leftovers, the taste isn't the same

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20 April 2020

Shutting in Canada's oil sands: like reheated leftovers, the taste isn't the same

Report summary

Déjà vu. As coronavirus destroys demand and oil pricing collapses, the Canadian oil sands are once again fighting for survival. Oil sands operators like Athabasca Oil, Suncor and ConocoPhillips have already announced production reductions and we expect to see further cuts through April and May as demand drops. There are two key considerations around potential shut ins of oil sands projects for longer durations: capital requirements to restart and reservoir damage.

Table of contents

  • Executive summary
  • What are the risks when turning off the steam?
    • Great Divide:
    • Hangingstone Demonstration Project
    • A less risky option: partial shut-ins

Tables and charts

This report includes 6 images and tables including:

  • Normal operating conditions
  • Shut-in well pair
  • Great Divide
  • Hangingstone Demonstration Project

What's included

This report contains:

  • Document

    Shutting in Canada's oil sands: like reheated leftovers, the taste isn't the same

    PDF 1.30 MB