- For the startup of Phase One and Two, Carmon Creek will produce from 13 well pads. An inter field pipeline system will transport steam to the wells and produce bitumen, water and natural gas that will be sent to central processing facilities. The central processing facilities will separate bitumen from water and natural gas, which can then be used to produce steam. Diluted bitumen is expected to be exported to existing North American refineries.
- Cogeneration units are expected to produce an annual average of up to 630 megawatts (MW) of electricity, of which about 500 MW is expected to be sold to the northwest Alberta power grid.
- Shell is taking a well manufacturing approach to drill and complete the wells using the Sirius Well Manufacturing Services joint venture. This approach is based on standardization of components, and allows quicker and repeatable operations that provides opportunities to reduce costs.
- To minimize surface disturbance, approximately 48 wells will be closely spaced on each well pad. Each well pad will have a life of 10 to 15 years and as pads come to the end of their life the well pad equipment will be refurbished and reused on new pads and the land will be reclaimed to minimize project footprint. .
- As is common in heavy oil construction, modules will be built elsewhere and transported to site for final assembly and commissioning.
Shell Moves Ahead With 80,000 Barrel Per Day Carmon Creek Project
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.