Oil sands cash costs fall, but new bitumen mining projects unlikely

摘要

Cash operating costs for oil sands production fell to C$24.95/b (US$18.91/b) in fourth-quarter 2016, compared with C$28/b in fourth-quarter 2015, Suncor Energy CEO Steve Williams said in February. Suncor's total fourth-quarter output was 738,500 b/d of oil equivalent, compared with 582,900 boe/d in the year earlier period, owing mainly to the company's increased share of production from Syncrude. Suncor last year upped its stake in Syncrude to about 54%.