ConocoPhillips Canada

Assets

Elmworth inside facility

We hold over 5,500,000 net acres of land making up a total production of 167,000 barrels of oil equivalent per day in 2013. Over the last few years, we have shifted the focus of our drilling program from vertical to horizontal wells and to liquids-rich and tight oil plays. Within our asset areas, we continue to unlock great resource potential across our operations in Western Canada.

DEEP BASIN

We are one of the largest producers and operators in the Deep Basin, which stretches across northwestern Alberta into northeastern British Columbia. By changing the direction that we drill—from vertical to horizontal—we have greatly increased the resource potential in this mature area. In 2013, our total net production for this region averaged 48,000 barrels of oil equivalent per day.

We operate the Elmworth Plant, which is the main processing facility for the area. We also have significant working interest in seven other major natural gas processing facilities in the region.

CLEARWATER

In west-central Alberta, we hold 800,000 net acres and operate several natural gas processing facilities in the area. We are moving forward with a horizontal drilling program that has reinvigorated production in this mature area. Our average net daily production for 2013 was 42,000 barrels of oil equivalent.

KAYBOB-EDSON

Also in west-central Alberta, immediately south of the Deep Basin, we hold close to 900,000 net acres in the Kaybob-Edson area. Our focus continues to be on liquids-rich horizontal drilling programs. In 2013, this area produced 45,000 barrels of oil equivalent per day.

PLAINS 
In our Plains assets, we currently hold 2,600,000 net acres across this area, which covers land in northeastern British Columbia through Alberta to southwestern Saskatchewan. In 2013, we averaged 32,000 barrels of oil equivalent per day in net production.
 
 
ConocoPhillips Canada maintains a management system that integrates its operational activities with its management of financial resources to meet its pipeline system abandonment obligations. For information related to ConocoPhillips Canada’ National Energy Board-regulated pipelines, contact the Environmental Liabilities and Asset Retirement Obligation group at (403) 233-4000.