Albian Sands Energy Inc. is a mining company which operates the Muskeg River Mine and Jack Pine Mine, an oil sands mining project located 75 km north of Fort McMurray, Alberta, Canada. It is a joint venture between Shell Canada (10%), CNRL (70%) and Chevron Canada (20%).
The company's legal headquarters are located in the Shell Centre in Calgary, Alberta. Albian Sands got its name from the Albian Boreal Sea, which during the Albian age of the Cretaceous (over 100 million years ago), moved over the McMurray sands and deposited a blanket of marine shale on its floor which trapped the hydrocarbons of the McMurray Formation. The oil sands resources of the Muskeg River Mine are a legacy of the Albian Sea.[2]
At full production, Albian Sands can produce 340000 oilbbl/d of crude bitumen, a naturally occurring semi-solid form of crude oil. The mine product, diluted bitumen or dilbit, is sent to be upgraded at the Scotford Upgrader in Fort Saskatchewan. The Muskeg River Mine stands on a Shell Canada lease containing more than 5 Goilbbl of mineable bitumen, of which it is expected to recover 1650 Moilbbl of bitumen over the next 30 years.