Asset Report
Surmont
Report summary
The Surmont project is located in the Athabasca region, 60 kilometres southeast of Fort McMurray. The project is being developed using Steam Assisted Gravity Drainage (SAGD) technology. Surmont is being developed in phases and we include Phase 1 and Phase 2 in our commercial model which have 145,000 b/d of nameplate capacity.The Surmont project was a 50/50 joint venture between ConocoPhillips, project operator, and Suncor Energy. In October 2023, ConocoPhillips acquired the remaining 50% ...
Table of contents
- Key facts
-
Summary and key issues
- Summary
- Key issues
- Location maps
- Participation
- Geology
- Exploration
- Reserves and resources
-
Production
- Emissions
-
Development
- Key Development Metrics
- Wells/SOR
- Plant Facilities
- Technology
- Project History
- Infrastructure
-
Costs
-
Capital Expenditures
- Phasing
- Maintenance and Sustaining
- Abandonment
-
Operating Costs
- Extracting Costs
- Steam Gas Costs
- Carbon Costs
- Transportation Cost
- Total Opex
-
Capital Expenditures
- Fiscal and regulatory
-
Economic assumptions
- Cash flow
- Discount rate and date
- Inflation rate
- Oil price
- Gas price
- Exchange rate
- Global Economic Model (GEM) filename
- Economic analysis
Tables and charts
This report includes 21 images and tables including:
- Key facts: Table 1
- Surmont Index Map
- Surmont Detail Map
- Participation: Table 1
- Geology: Table 1
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Production: Table 1
- Production: Table 2
- Production Profile
- Cash Flow
- Economic analysis: Table 2
- Economic analysis: Table 3
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2024
- Remaining Revenue Distribution (Discounted at 10% from 01/01/2024)
- Remaining Present Value Price Sensitivities
- Costs: Table 1
- Costs: Table 2
- Costs: Table 3
What's included
This report contains:
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