oration licences offshore Newfoundland and Labrador and Nova Scotia. E&P Canada also includes the company’s working interests in unconventional natural gas properties in northeast B.C. E&P Canada – Assets and Operations East Coast Canada Based in St. John's, Newfoundland and Labrador, this business includes interests in three producing fields and future developments and extensions. Terra Nova The Terra Nova oilfield is divided into three distinct areas, known as the Graben, the East Flank and the Far East. As of December 31, 2015, there were 30 wells, 17 oil production wells, 10 water injection wells and 3 gas injection wells. Hibernia and the HSEU The Hibernia oilfield, encompassing the Hibernia and Ben Nevis Avalon reservoirs, is approximately 315 km southeast of St. John's. As of December 31, 2015, there were 63 wells: 37 oil production wells, 14 single-zone water injection wells, 7 dual-zone water injection wells and 5 gas injection wells. White Rose and the White Rose Extensions White Rose is approximately 350 km southeast of St. John's. Operated by Husky Oil Operations Limited, White Rose uses a Floating Production, Storage and Offloading vessel and has gross production capacity of 140 mbbls/d (39 mbbls/d net to Suncor) and oil storage capacity of 940 mbbls. As of December 31, 2015, there were 36 wells: 17 oil production wells, 15 water injection wells, 1 gas injection well and 3 gas storage wells, with 1 production well added during the year. In 2015, Suncor's share of White Rose production averaged 12 mbbls/d. Hebron Effective January 1, 2016, the company’s working interest in the Hebron project was reset from 22.729% to 21.034%. Development plans include 1,200 mbbls of oil storage capacity and 52 well slots with a gross oil production capacity of 150 mbbls/d. Other Assets The company holds interests in 50 significant discovery licences and 9 other exploration licences offshore in this area. North America Onshore The North America Onshore business explores for, develops and produces natural gas, natural gas liquids, crude oil and byproducts in Western Canada. The company holds undeveloped assets that allow the company to explore long-term opportunities. E&P International – Assets and Operations E&P International operations include the company’s 29.89% working interest in Buzzard and its 26.69% working interest in Golden Eagle Area Development (GEAD). Both operations are located in the U.K. sector of the North Sea and are operated by another company. The company also holds interests in various exploration licences offshore the U.K. and Norway. The company owns, pursuant to EPSAs, working interests in the exploration and development of oilfields in the Sirte Basin in Libya. The company also owns, pursuant to a production sharing contracts, an interest in the Ebla gas development in Syria. North Sea Buzzard The Buzzard oilfield is located in the Outer Moray Firth. Operated by Nexen Petroleum U.K. Limited (Nexen U.K.), a subsidiary of China National Offshore Oil Corporation Limited, the Buzzard facilities have gross installed production capacity of approximately 220 mbbls/d (66 mbbls/d net to Suncor) of oil and 80 millions of cubic feet of natural gas per day (24 millions of cubic feet of natural gas per day net to the comany) of natural gas. As of December 31, 2015, there were 48 wells: 35 oil and gas production wells and 13 water injection wells. In 2015, Suncor's share of Buzzard production averaged 50 thousands of barrels of oil equivalent per day. Golden Eagle Area Development (GEAD) The Golden Eagle development operated by Nexen U.K. is approximately 20 km north of the Buzzard oilfield and consists of the unitization of the Peregrine, Hobby, Golden Eagle and Solitaire areas. As of December 31, 2015, there were 13 wells: 9 oil and gas production wells and 4 water injection wells. Other Assets Other Suncor exploration and appraisal initiatives in the North Sea include Beta discovery (Norway) and Butch discovery (Norway). Beta discovery (Norway): The company is the operator of the PL375 licence, in which it has an 80% interest. Butch d
suncor energy inc (SU:New York)
150 - 6 Avenue S.W.
PO Box 2844
Calgary, AB T2P 3E3
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