Bloomberg News

Suncor Oil-Sands Production, Syncrude Output Rise in August

September 04, 2012

Suncor Energy Inc. (SU)’s oil-sands production increased 6.3 percent to 373,000 barrels a day in August from a month earlier.

Last month’s output, which includes upgraded sweet and sour synthetic crude oil and diesel and non-upgraded bitumen, was up from 351,000 in July, Calgary-based Suncor said on its website. The year-to-date average is 321,000.

Suncor was scheduled to perform maintenance on its No. 2 upgrader in Alberta beginning at the end of the third quarter and lasting into the fourth. Work will also be done at a mining extraction site and the MacKay River central processing plant during the turnaround, the company said in a filing July 25.

Syncrude production averaged 359,500 barrels a day in August, up from 262,000 in July, Canadian Oil Sands (COS) said on its website. Canadian Oil Sands is the largest owner in the Syncrude Canada Ltd. venture.

To contact the reporter on this story: Lynn Doan in San Francisco at ldoan6@bloomberg.net

To contact the editor responsible for this story: Dan Stets at dstets@bloomberg.net


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