Investing.com - Financial Markets Worldwide

Suncor to truck oil from Mackay River site until pipeline fixed

Published 2016-06-22, 05:40 p/m
© Reuters. Suncor to truck oil from Mackay River site until pipeline fixed
SU
-
ENB
-

By Nia Williams and Liz Hampton
CALGARY, Alberta/HOUSTON, June 22 (Reuters) - Suncor Energy
Inc SU.TO is putting temporary infrastructure in place at its
Mackay River oil sands facility in northern Alberta so it can
remove oil from the plant by truck while a clogged pipeline is
being cleared, two sources said on Wednesday.
The Enbridge Inc ENB.TO pipeline blocked after heavy oil
cooled in the system, prolonging a shutdown of the 38,000
barrel-per-day Mackay River thermal project.
Mackay River, along with a number of other oil sands
operations, was shut down as a precaution in early May after a
huge wildfire ripped through the Fort McMurray region, forcing
producers to shut in more than 1 million bpd of crude.

One source said Suncor was aiming to transport around 10,000
bpd by truck and needed to move the bitumen volumes so it can
keep producing and maintain pressure in its oil sands reservoir.
Both sources declined to be named because they are not
authorized to speak to the media.
Thermal operations require ongoing steam injection to
operate effectively and prolonged shutdowns raise the risk of
upsetting delicate reservoirs.
Suncor did not immediately respond to a request for comment
on whether it was trucking volumes from Mackay River, but has
previously said the facility is expected to be operating at
pre-wildfire production rates by mid-July.
"We anticipated there might be some minor operational
hiccups in the restart and those were accounted for in our
plan," spokeswoman Sneh Seetal said in an email.

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.