Fort Hills

Project Fort Hills
Operator Suncor Energy Inc.
Ownership Suncor Energy Inc. 50.80%
Total E&P Canada Ltd. 29.20%
Teck Resources Limited 20%
Location 16-09-097-10W4
Technology Surface Mining

Project location and leases in close vicinity

(neighbouring leases may be owned by the operator, a partner, or competitor. Click on lease for details.)

Suncor has closed its acquisition of an additional 10 per cent working interest in the Fort Hills project from Total E&P Canada for $310 million. The transaction leaves the ownership as Suncor Energy 50.8 per cent, Total 29.2 per cent, and Teck Resources 20 per cent. The project remains on schedule with detailed engineering 94% complete and construction 43% complete at the end of Q3.

Future phases

Phase Start Year Capacity Status
Phase 1 - Mining 2017 160,000 Construction
Debottleneck TBD 20,000 Approved
Phase 1 - Upgrader TBD 145,000 Cancelled
Phase 2 & 3 TBD 145,000 Cancelled