Cold Lake Project Expansion Starts Production on Schedule

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Exxon Mobil Corp. announced that bitumen production began on schedule at the $2 billion Cold Lake Nabiye project expansion in northeastern Alberta.
The expansion is producing about 20,000 bpd and volumes are expected to increase during the year to peak daily production of 40,000 bbls. Nabiye will access 280 MMbbls of recoverable resources during its expected 30-year lifespan.
  The expansion was sanctioned in February 2012 and included development of a new steam generation and bitumen processing plant, field production pads and associated facilities, including a 170-megawatt electrical cogeneration plant that improves the plant’s energy efficiency. Other features designed to improve environmental performance include sulfur-recovery facilities and an advanced wellpad design that reduces the field footprint by more than 40%.