esigned to be flexible as to which well pads supply bitumen. Steam generated at the various facilities can be used at multiple well pads. In addition, Firebag includes five cogeneration units that generate steam, which are capable of producing approximately 475 megawatts (MW) of electricity. The Firebag site power load requirements are approximately 110 MW, and Suncor exports approximately 365 MW of electricity to the Alberta power grid. During 2015, Firebag production averaged 187 mbbls/d with a steam-to-oil ratio of 2.6. MacKay River As of December 31, 2015, MacKay River included 6 well pads with 98 well pairs either producing or on initial steam injection. The MacKay River central processing facilities have bitumen processing capacity of 38 mbbls/d. A third party owns the on-site cogeneration unit, which Suncor operates under a commercial agreement that is used to generate steam and electricity. There are also four once through steam generators (OTSGs) at the site for additional steam generation. During 2015, Mackay River production averaged 31 mbbls/d with a steam-to-oil ratio of 2.9. Other In Situ Leases The company owns and operates various other oil sands leases which may support future in situ production, such as Meadow Creek, Lewis, OSLO, and Chard and a non-operated interest in Kirby, on which it may undertake exploratory or delineation drilling. In 2015, the company drilled 98 stratigraphic test wells at Lewis, 13 gross wells at OSLO adjacent to Lewis and 53 gross wells at Meadow Creek. The company also participated in a net five wells at Kirby (10% working interest). Plans for winter 2016 drilling include an additional 54 stratigraphic test wells at Lewis, 5 gross wells at OSLO and 44 gross wells at Meadow Creek. Suncor holds a 100% working interest in Lewis, a 75% working interest in Meadow Creek, a 77.78% working interest in OSLO and interests varying from 25% to 50% in Chard. Oil Sands Ventures Oil Sands ventures operations include the company’s 50.8% interest in the Fort Hills mining project, where Suncor is the operator, and its 36.75% interest in the Joslyn North mining prospect. The company also holds a 12.0% working interest in the Syncrude oil sands mining and upgrading joint arrangement and holds an additional 30.9% indirectly through its 84.2% ownership of COS, which owns a 36.74% interest in the Syncrude joint arrangement. Syncrude is located near Fort McMurray and includes mining operations at Mildred Lake North and Aurora North. Syncrude produces a single sweet synthetic light crude product. Fort Hills is an oil sands mining area consists of leases on the east side of the Athabasca River, north of Oil Sands Base operations. Joslyn is an oil sands mining area consists of leases southwest of Fort Hills and on the west side of the Athabasca River that is operated by Total E&P. Sales of Principal Products Primary markets for SCO and bitumen production from Suncor's Oil Sands segment, which is sold to and subsequently marketed by the company’s Energy Trading business, include refining operations in Alberta, Ontario, Quebec, the U.S. Midwest and the U.S. Rocky Mountain regions and markets in the U.S. Gulf Coast. Diesel production from upgrading operations is sold primarily in Western Canada and the United States, marketed by its Energy Trading business. E&P This segment consists of offshore operations off the east coast of Canada and in the North Sea, and onshore assets in North America, Libya and Syria. E&P Canada operations include Suncor's 37.675% working interest in Terra Nova, which Suncor operates. The company also holds a 20.0% interest in the Hibernia base project and a 19.13% interest in the Hibernia Southern Extension Unit (HSEU), which was reset from 19.51%, effective December 1, 2015. The company also holds a 27.5% interest in the White Rose base project and a 26.125% interest in the White Rose Extensions. Effective January 1, 2016, a reset of Suncor's working interest in the Hebron project resulted in a decrease from 22.73% to 21.03%. Other than Terra Nova, all of the projects are operated by other companies. The company also holds interests in various expl
suncor energy inc (SU:New York)
150 - 6 Avenue SW
PO Box 2844
Calgary, AB T2P 3E3
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