Husky Energy has commenced steam operations at the in situ Sunrise Energy Project in northeast Alberta, according to a press release. CEO Asim Ghosh said the production of steam is the last major milestone before first oil from the oil sands project in Alberta, Canada.
The Phase 1 60,000 bbl/d (gross) project is being developed with two processing plants. The first 30,000 bbl/d plant is expected to begin production toward the end of first-quarter 2015. The second 30,000 bbl/d plant is expected to begin steaming mid-year with production commencing a few months later. Production is expected to ramp up to full capacity over a two-year period.
Husky is the operator of Sunrise and has a 50% working interest in the project with BP, which operates the jointly owned BP-Husky Toledo refinery.
Sunrise contains estimated reserves of 3.7 Bbbl (0.44 Bbbl proved, 2.40 Bbbl probable, and 0.86 Bbbl possible) as of December 31, 2013. Husky has a 50% working interest in these reserves.
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