Asset Report

Surmont

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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

  • Summary
    • Turnarounds and maintenance
    • Emissions
    • Technology
    • Phasing
    • Maintenance and Sustaining
    • Abandonment
    • Extracting Costs
    • Steam Gas Costs
    • Carbon Costs
    • Transportation Cost
    • Total Opex
  • Cash flow
  • Global Economic Model (GEM) filename
  • Cash Flow

Tables and charts

This report includes the following images and tables:

    Surmont Index MapSurmont Detail MapReservoir Characteristics
    Reserves (2P) at 01/01/2026Contingent Resources (2C) at 01/01/2026Cash Flow (US$)PV Table (US$)Summary Table (US$)Split of RevenuesCumulative Net Cash Flow - UndiscountedCumulative Net Cash Flow - Discounted at 10% from 01/01/2026Remaining Present Value Price Sensitivities
  • 4 more item(s)...

What's included

This report contains:

  • Document

    Surmont

    XLS 611.50 KB

  • Document

    Surmont

    PDF 2.50 MB