Company type | Joint Venture |
---|---|
Industry | Petroleum |
Founded | December 1964 |
Headquarters | Fort McMurray, Alberta |
Products | synthetic crude oil |
Owner | |
Number of employees | 5,600 (2009) |
Website | syncrude.ca |
Syncrude Canada Ltd. is one of the world's largest producers of synthetic crude oil from oil sands and the largest single source producer in Canada. It is located just outside Fort McMurray in the Athabasca Oil Sands, and has a nameplate capacity of 350,000 barrels per day (56,000 m3/d) of oil, equivalent to about 13% of Canada's consumption.[1] It has approximately 5.1 billion barrels (810,000,000 m3) of proven and probable reserves (11.9 billion when including contingent and prospective resources) situated on 8 leases over 3 contiguous sites.[2] Including fully realized prospective reserves, current production capacity could be sustained for well over 90 years.[3]
As of 2021, Syncrude's Mildred Lake site remains the largest single greenhouse gas emitter in Canada. [4]