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Christina Lake Project
Christina Lake is a multi-phased SAGD project, and currently the focus of MEG's oil sands development
Cogeneration technology simultaneously produces steam and electricity and has several advantages over conventional steam boilers
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MEG targets record annual production of 80,000 to 83,000 bpd in 2016
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Latest News ReleasesFebruary 9, 2017
MEG Energy positioned for growth through record-low per barrel annual operating costs, record-high annual production, andFebruary 1, 2017
CALGARY, AB--(Marketwired - February 01, 2017) - MEG Energy Corp.
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The Christina Lake Project is comprised of approximately 200 square kilometres of leases in the southern Athabasca region of Alberta. The project is a multi-phased SAGD oil sands development with a current design capacity of 60,000 barrels per day.
The Surmont Project is a proposed multi-phased SAGD oil sands development that consists of approximately 80 square kilometres of leases.
The Growth Properties comprise leases to the south and west of current operations. Lease holdings total approximately 2,100 square kilometres in all areas.
Access Pipeline is a 345-kilometre dual line running between MEG's Christina Lake project and the Edmonton-area upgrading, refining and transportation hub, where both the Access Sturgeon Terminal and MEG’s Stonefell Terminal are located.
Stonefell is a 900,000 barrel storage facility, strategically connected to both Access Pipeline and a third-party rail-loading facility.