Operations

OUR INTEGRATED ASSET PORTFOLIO

PetroChina Canada’s portfolio includes six assets in Western Canada

PetroChina Canada’s Oilsands assets are connected to the Grand Rapids Pipeline System which moves our diluted bitumen to Edmonton for market and beyond. Groundbirch and Duvernay are equity gas supply sources for our interest in LNG Canada, which upon a Final Investment Decision could potentially export liquefied natural gas to markets overseas.

MacKay River Oilsands

  • Wholly owned and operated by PetroChina Canada
  • Approximately 30 km west of Fort McMurray, Alberta
  • Projected lifespan: 1.7 billion barrels of bitumen resources
  • Steam-assisted gravity draining (SAGD) facility
  • First steam achieved: 2016
  • First oil to market: Q3 2017
  • Phase 1: will recover 99% of the produced makeup water fed to the plant and reuse as boiler feedwater

Dover Oilsands

  • Wholly owned and operated by PetroChina Canada
  • Approximately 95 km northwest of Fort McMurray, Alberta
  • Projected lifespan: 3.4 billion barrels of bitumen resource

Grand Rapids Pipeline

  • Non-operated joint venture (50% interest) with TC Energy
  • Late 2012: Joint venture agreement signed
  • Will transport crude oil and diluent volumes 460 km between Fort McMurray region and the Edmonton/Heartland region
  • Expected dual system capacity: 900,000 bbls/d of oil and 330,000 bbls/d of diluent
  • Current: single 20 inch pipeline in service 2017
  • Visit TC Energy for more

Duvernay Shale Gas

  • Located in west-central Alberta and fully owned by PCC
  • Liquid-rich gas and condensate resource play
  • Producing 13,000 boe/d

Groundbirch Tight Gas

  • Non-operated joint venture (20% interest) with Shell Canada Limited
  • Montney tight gas formation, approximately 50 km of Fort St. John, British Columbia
  • Producing methane gas, natural gas liquids and condensate; 10,000 boe/d, net
  • Visit Shell for more

LNG Canada

  • Non-operated joint venture (15% interest) with Shell Canada Limited (40%), PETRONAS (25%), Korea Gas Corporation (5%) and Mitsubishi Corporation (15%)
  • A natural gas liquefaction plant and marine terminal export facility
  • Located near Kitimat, British Columbia on Canada's west coast
  • Phase 1 consists of two trains which produce approximately 7 million tonnes of LNG per annum each; Phase 2 would add an additional two trains
  • Regulatory approvals: received 40-year export license and environmental permits
  • In October 2018, joint venture partners announced Final Investment Decision to build the LNG Canada export facility
  • Visit LNG Canada for more