north-east Alberta, Canada, has a
bitumen production capacity of
255 thousand boe/d.
We hold more than 2,200 mineral leases in Canada, mainly in Alberta and British Columbia. We produce and market natural gas, natural gas liquids (NGLs), synthetic crude oil and bitumen. In addition, we hold significant exploration acreage offshore. Bitumen is a very heavy crude oil produced through conventional methods as well as through enhanced oil-recovery methods. Synthetic crude oil is produced by mining bitumen-saturated sands, extracting the bitumen from the sands, and transporting it to a processing facility where hydrogen is added to produce a wide range of feedstocks for refineries.
Gas and liquids-rich shale
We hold rights to more than 10,000 square kilometres of conventional gas, tight gas and liquids-rich shale acreage. We own and operate four natural gas processing and sulphur-extraction plants in southern and south-central Alberta. During 2012, we continued to develop conventional gas, tight gas and liquids-rich shale fields in west-central Alberta and east-central British Columbia, through drilling programmes and investment in infrastructure facilitating new production.
