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Suncor provided an operations update for the fourth quarter of 2018, highlighting total upstream production of 831,000 BOEPD, which is a quarterly production record and represents an increase of 12% from the third quarter of 2018.
The company credits developing Fort Hills as well as its Syncrude joint venture for the achievement.
Production Summary:
- Oil sands operations produced approximately 433,000 bbls/d in the quarter
- Fort Hills produced 183,000 bbls/d for the quarter (approximately 100,000 bbls/d net to Suncor)
- Syncrude production was 355,000 bbls/d for the quarter (209,000 bbls/d net to Suncor)
- Total production from Exploration & Production was 90,000 boe/d during the fourth quarter
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