Syncrude Canada's synthetic crude oil output was 351,600 b/d in October, the highest average production rate since August 2007 when it reached 374,650 b/d, the joint venture's largest shareholder, Canadian Oil Sands, said Monday.
October's output was 81,600 b/d higher than September's total and up 43,300 b/d year on year, it added.
The joint venture estimates full-year 2014 production of 274,000-280,500 b/d. Through the first nine months of 2014, Syncrude output was 257,200 b/d.
The JV's Mildred Lake oil sands facility near Fort McMurray, Alberta, has three cokers with a combined nameplate capacity of 350,000 b/d of synthetic crude output.
The partners in the Syncrude Canada venture are Canadian Oil Sands (36.74%), Imperial Oil (25%), Suncor (12%), Sinopec (9.03%), Nexen (7.23%), Murphy Oil (5%) and Mocal Energy (5%).
