Located in northeast Alberta, our oil sands operations are the focus of our business and a cornerstone for growth. The oil sands make up 7.37 of the 7.79 billion barrels of Suncor’s proved plus probable reserves.*
Our oil sands operations recover bitumen through mining and in situ development and we either upgrade the bitumen on site or send it to market as refinery feedstock, diesel fuel and by-products. What makes Suncor unique is the combination of our long-term growth strategy, our integration across the value chain from production to retail sales, and our commitment to sustainability. While we continue to expand our operations, we work to minimize our environmental footprint and contribute to the sustainability of the communities in which we operate.
Our core oil sands production is complemented by our international and offshore assets that we anticipate will provide stable, low-cost cash flow.
In addition, we own and operate four refineries (with a combined capacity of 460,000 barrels per day), Canada’s largest ethanol plant, wind farms, and a network more than 1,500 retail and wholesale outlets which provide North American consumers with secure sources of energy.
Our investments in renewable wind energy and biofuel play a key part in Suncor’s GHG emission reduction goals. Over the past several years, Suncor’s holistic tailings management plan has allowed us to reclaim** a tailings pond, Wapisiw Lookout, make another one trafficable through the use of coke capping technology and are now converting a third tailings pond to a fluid tailings treatment area.
For more information, please contact Suncor Energy’s Investor Relations team:
- Call 1 (800) 558-9071
- Email us
* Reserves information presented herein is presented as Suncor’s working interest (operating and non-operating) before deduction of royalties, and without including any royalty interests of Suncor, and is as at Dec. 31, 2017. For more information please see Suncor’s current Annual Information Form dated March 1, 2018 available at www.sedar.com.
** Land is considered permanently reclaimed when landform construction and contouring, clean material placement (as required), reclamation material placement and revegetation has taken place. Land cannot be listed under permanent reclamation until revegetation has occurred which is reflective of the approved Reclamation and Revegetation Plans. Suncor has reclaimed a cumulative total of 48.2 hectares of wetlands and lakes.