FIELD ACTIVITIES / Syncrude Canada Sets Three New Oil Sands Records
SYNCRUDE SETS THREE NEW OIL SANDS RECORDS
FORT MCMURRAY, July 8 /CNW/ - The giant Syncrude Canada oil sands
operation, located in northeastern Alberta, ran at a record-setting pace in
June.
Shipments for the month totalled 7.5 million barrels, an average of
250,000 barrels per day. This exceeds the previous record of 7.3 million
barrels set in December 1997. Shipments in June 1997 were 6.9 million
barrels.
Daily and weekly records were also set. On June 13, 261,000 barrels were
shipped and 1.81 million barrels were shipped during the week ending June 28.
''These records are significant and are the result of a lot of hard work
and dedication by both Syncrude employees and our contractors,'' said Jim
Carter, president and chief operating officer. ''In addition, the plant ran
very smoothly and reliably and that is reflected in the production results.''
Shipments for the quarter totalled 21.4 million barrels, compared to 15.4
million barrels in the second quarter of 1997. Average daily shipments for
the current quarter were 235,000 barrels, compared to 169,000 barrels during
the second quarter of 1997.
Year-to-date shipments stand at 37.2 million barrels for the first half
of the year, compared to 32.8 million for the same period in 1997. Syncrude
plans to ship 80.5 million barrels in 1998, compared to the 75.7 million
shipped in 1997. On a rolling 12-month basis, Syncrude shipped 80.1 million
barrels from July 1, 1997 to June 30, 1998.
Syncrude Canada is a joint venture owned by AEC Oil Sands, L.P., AEC Oil
Sands Limited Partnership, Athabasca Oil Sands Investments Inc., Canadian Oil
Sands Investments Inc., Canadian Occidental Petroleum Ltd., Gulf Canada
Resources Ltd., Imperial Oil Resources, Mocal Energy Ltd., Murphy Oil Company
Ltd., and Petro-Canada.
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