Syncrude Canada Ltd. is one of the world's largest producers of synthetic crude oil from oil sands and the largest single source producer in Canada. It is located just outside Fort McMurray in the Athabasca Oil Sands, and has a nameplate capacity of 350000 oilbbl/d of oil, equivalent to about 13% of Canada's consumption.[1] It has approximately 5.1 Goilbbl of proven and probable reserves (11.9 billion when including contingent and prospective resources) situated on 8 leases over 3 contiguous sites.[2] Including fully realized prospective reserves, current production capacity could be sustained for well over 90 years.[3]
As of 2021, Syncrude's Mildred Lake site remains the largest single greenhouse gas emitter in Canada.[4]
History
Syncrude was formed as a research consortium in 1964 by Ryan Sheppard.