Cenovus received Pelican Lake Grand Rapids approval
The Calgary-based independent company Cenovus Energy Inc. (Cenovus) has bought the idled steam plant from the French major Total Joslyn project in the north of Alberta for relocation to its own Pelican Lake Grand Rapids steam-assisted gravity drainage (SAGD) project in the Greater Pelican Region of Alberta in Western Canada.
After this split Encana concentrated on the natural gas sector while Cenovus was registered to take over from the oil assets issued from the previous merger between PanCanadian Energy Corporation and Alberta Energy Company to become Encana in 2002.
Since 2009, Cenovus is operated as an independent company listed in Toronto and New York.
In this area, Cenovus is developing its own technology in order to improve performances efficiency from project to project.
Cenovus production is concentrated on the North of Alberta and in the Saskatchewan Province.
In March 2014, Cenovus received the formal approval from the Alberta Energy Regulator for its Pelican Lake Grand Rapids project.
Cenovus bought Total Joslyn steam plant for relocation
This Pelican Lake Grand Rapids project is located 300 kilometers north of Edmonton.
In order to optimize assets and continuously improve performances, Cenovus will develop Pelican Lake Grand Rapids project in multiple phases in line with its industrial strategy already in place in projects in production.
To develop the Pelican Lake Grand Rapids project, Cenovus will combine two processes:
– Solvent added process (SAP)
As now well known the SAGD technique causes the oil to melt in the reservoir to be collected by an horizontal production well.
The combination of the SAGD with the addition of solvents improves significantly the oil recovery rate and reduces the water consumption as well as the carbon foot print.
In the perspective to supply 200 well pads during its life time, the Pelican Lake Grand Rapids project requires:
– Steam production facilities
– Water treatment facilities
– Pipeline system to connect the wells to the central processing plant.