Horizon Oil Sands Project (CNRL)

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The Horizon Oil Sands Project of Canadian Natural Resources Ltd (CNRL) consists of open pit mining operation and bitumen extraction facilities to mine and separate the raw bitumen from the oil sands. CNRL then upgrades the bitumen to a sweet synthetic crude oil (SCO) using proven delayed coking and hydro-treating technologies. The Project is located 70 kilometres north of Fort McMurray, where Canadian Natural owns and operates leases covering 115,000 acres through lease arrangements with the Province of Alberta. Drilling on the leases indicates an estimated 16 billion barrels of bitumen in place, with approximately 6 - 8 billion recoverable barrels under existing mining technologies.

Operational in early 2009, the CAD$9.7 billion Phase 1 of the project has reached production capacity of 110,000 barrels of synthetic crude oil (SCO) per day. Several future expansion phases will bring capacity up to 250,000 barrels of SCO per day then, ultimately, 500,000.

www.cnrl.com/operations/north-america/horizon-oil-sands...

www.hydrocarbons-technology.com/projects/horizon/