Skip to content
Subscriber Only

Canadian Oil Sands Cuts 2012 Syncrude Production Estimate

Canadian Oil Sands Ltd., the largest owner of Syncrude Canada Ltd., cut its 2012 synthetic oil production estimate to 301,000 barrels a day because of a maintenance turnaround in the second quarter.

Canadian Oil Sands reduced the single-point 2012 production estimate by 2.7 percent, or 3 million barrels, to 110 million barrels, the Calgary-based company said in a statement.