Shell oilsands project advances

Shell Canada Ltd., Calgary, plans to spend $100 million (Canadian) this year on its proposed $3.4 billion oilsands development project north of Fort McMurray, Alta. Shell will build a $25 million pilot plant with capacity of 300 b/d and will spend about $75 million on engineering and environmental studies, regulatory applications, and market analyses. The full-scale project on leases at Muskeg River would produce 150,000 b/d of crude.

April 13, 1998

Shell Canada Ltd., Calgary, plans to spend $100 million (Canadian) this year on its proposed $3.4 billion oilsands development project north of Fort McMurray, Alta.

Shell will build a $25 million pilot plant with capacity of 300 b/d and will spend about $75 million on engineering and environmental studies, regulatory applications, and market analyses.

The full-scale project on leases at Muskeg River would produce 150,000 b/d of crude.

Plans call for a construction start in 1999 and completion in 2002 of a mining operation, upgrader, and a $400 million pipeline to a refinery at Scotford, near Edmonton. Shell would build a $1.8 billion upgrader near its Scotford refinery.