Future Developments

Future Developments

Our current thermal in situ oil production capacity is approximately 160,000 bbl/d between Primrose/Wolf Lake and Kirby South. We also have an 85 MW Cogen at Primrose South and 15% ownership in the Cold Lake Pipeline System.

By executing our defined plan to develop these leases and assuming adequate returns are achievable, we target to grow our thermal in situ production capacity from 160,000 bbl/d to 522,000 bbl/d by 2029. Our Thermal In Situ operations represent a tremendous value growth opportunity and are an integral part of Canadian Natural’s defined plan.

Our in situ related land base includes 717,000 net acres of unproved property on our leases.