Suncor today provided an update on the Syncrude Mildred Lake Oil Sands facility following the March 14 incident.
Syncrude has developed a detailed repair schedule and return to service plan that includes the completion of a planned turnaround which Syncrude advanced in order to minimize the impact of the outage. The plant is currently operating at reduced rates and Suncor will continue to assist in inventory management.
The investigation and inspection show that damage was largely isolated to a piperack adjacent to the hydrotreater. An accelerated repair schedule has been developed to achieve restart of pipeline shipments at approximately 50% capacity in early May and production is expected to return to full rates by the end of June.
Suncor does not expect this outage to result in a change to overall production guidance for 2017 as strong production from oil sands and offshore operations is expected to offset the impact.
Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development and upgrading, offshore oil and gas production, petroleum refining, and product marketing under the Petro-Canada brand. A member of Dow Jones Sustainability indexes, FTSE4Good and CDP, Suncor is working to responsibly develop petroleum resources while also growing a renewable energy portfolio. Suncor is listed on the UN Global Compact 100 stock index and the Corporate Knights' Global 100. Suncor's common shares (symbol: SU) are listed on the Toronto and New York stock exchanges.
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