Devon Energy to proceed with Jackfish thermal heavy oil development

Sept. 19, 2003
Oklahoma City-based independent Devon Energy Corp., said it plans to file necessary regulatory applications next month for the Jackfish thermal heavy oil project south of Fort McMurray, Alta.

By OGJ editors

HOUSTON, Sept. 19 -- Oklahoma City-based independent Devon Energy Corp., said it plans to file necessary regulatory applications next month for the Jackfish thermal heavy oil project south of Fort McMurray, Alta..

Devon will apply steam-assisted gravity drainage (SAGD) process, which it has utilized as operator of the Dover SAGD project (OGJ, Dec. 9, 2002, p. 39).

The Jackfish lease is designed to produce 35,000 b/d of crude oil from the Alberta oil sands when fully operational in 2008, Devon said. Devon, which owns 100% of the project, estimates total reserves from Jackfish to be 300 million bbl that would be recovered over a 25-year span.

First production from the project is expected in late 2006 or early 2007.