ConocoPhillips cuts Surmont oil sands output by around 40 pct - sources

Published 2017-04-06, 12:48 p/m
© Reuters.  ConocoPhillips cuts Surmont oil sands output by around 40 pct - sources
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CALGARY, Alberta, April 6 (Reuters) - ConocoPhillips (NYSE:COP) COP.N has cut output from its Surmont oil sands project by about 40 percent because of shortages of synthetic crude in northern Alberta following a fire and shutdown at the Syncrude plant, two market sources said on Thursday.

Surmont's full production capacity is 140,000 barrels per day and the project is a joint venture with Total E&P Canada TOTF.PA .

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