Christina Lake stands as a cornerstone of MEG Energy’s operational excellence, representing a significant contributor to the company’s overall production capacity. With an output of 110,000 barrels per day (bbls/d) and a steam-oil ratio (SOR) approximately 15% below peer averages, Christina Lake showcases MEG’s commitment to efficiency and sustainability. Through enhanced completion designs, optimized well spacing, and innovative steam redeployment techniques, the asset demonstrates long-term value, supported by a 50-year 2P reserves life index. Additionally, Christina Lake’s zero fresh water use for thermal operations underscores MEG’s leadership in environmental stewardship, reinforcing its robust ESG profile.
Key details include:
- Production Capacity: Christina Lake is one of MEG’s main production sites, contributing to the company’s overall production capacity of 110,000 barrels per day (bbls/d), with a steam-oil ratio (SOR) that is approximately 15% below the peer average.
- Operational Focus: MEG Energy emphasizes the operational excellence at Christina Lake, focusing on:
- Enhanced completion designs to increase well productivity and thermal efficiency.
- Optimized well spacing to improve recovery.
- Steam redeployment to new wells, improving production efficiency.
- Long-term Value: Christina Lake’s production is supported by a ~50-year 2P reserves life index, ensuring sustained output with low decline rates.
- Environmental Leadership: MEG also highlights its zero fresh water use for thermal operations at Christina Lake, contributing to its strong ESG (Environmental, Social, and Governance) profile.
These points highlight Christina Lake as a cornerstone of MEG’s operational strategy, combining high production efficiency with a strong commitment to environmental responsibility.
MEG Christina Lake
