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Production at Syncrude’s Mildred Lake oil sands to fully resume in June –

by ahnationtalk on April 21, 201714 Views

Suncor Energy (TSX, NYSE:SU), Canada’s largest oil and gas company, expects its Syncrude Mildred Lake oil sands upgrader to return to full operation by the end of June, as a result of an explosion and fire that shut down the operation last month.

In an update about the issue, the Calgary-based firm — the majority stakeholder in Syncrude — said the Mildred Lake oil sands upgrader is currently operating at a reduced rate, but that it does not expect that to have an impact in Suncor’s oil output target for the year.

The company had originally said it expected the upgrader to resume normal operations this month.

“The investigation and inspection show that damage was largely isolated to a piperack adjacent to the hydrotreater,” Suncor said in the statement.

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