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Program steers oil sands start-up toward long term

06/07/2010
While every long-term asset play begins life as a start-up, not every start-up succeeds in becoming a sustainable long-term asset. Deciding when to build the culture, processes, systems, and practices that will support operations excellence is critical.In late 2007, ConocoPhillips Canada (CPC) began production at its 27,000 boe/d-capacity Surmont steam assisted gravity drainage (SAGD) oil sands operation. A 50-50 joint venture with Total operated by CPC, this operation, 40 miles south of Fort McMurray, Alta., represents a strategic investment for ConocoPhillips, one of the largest leaseholders of deep oil sands with a long-term vision of becoming a leading oil sands producer. Plans for a ...
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