Jackfish

Jackfish

Canadian Natural acquired the Jackfish thermal in situ oil assets are an excellent fit with our existing thermal in situ crude oil assets, adding to the Company's long life low decline asset base. The Company's teams are working together to leverage technology, operating and technical expertise to maximize synergies between the existing and acquired crude oil assets. The Company has identified and executed on the following cost savings and optimization opportunities, with the potential for more:
  • Capturing operating cost synergies through consolidation of regional camps and aerodromes.
  • Capturing economies of scale for warehousing, contracting, as well as parts and procurement.
  • Leveraging operational and technical expertise for preventative maintenance programs across the thermal in situ SAGD assets.
  • Reducing costs by optimizing well servicing activities and rig utilization.

Jackfish has three 100% owned and operated central processing facilities with a design capacity of approximately 40,000 bbl/d each. Currently, these assets have a production capability of approximately 108,200 bbl/d.