Page 21 - AIF - English

production capacity of 150 mbbls/d (net 34 mbbls/d to Golden Eagle – North Sea

Suncor). Detailed engineering and construction of the During 2011, Golden Eagle received regulatory approval
gravity-based structure and topsides fabrication progressed from the U.K. Department of Energy and Climate Change

according to plan during 2013. First oil is expected in and sanction from the project’s co-owners. This
2017. Suncor’s share of the post-sanction project cost development is approximately 20 km north of the Buzzard

estimate provided by the project operator is approximately oilfield and consists of the unitization of the Peregrine,
$2.8 billion.
Hobby, Golden Eagle and Solitaire areas. The development

plan incorporates a combined production, utilities and
Other Assets
accommodation platform, linked to a separate wellhead

The Ballicatters discovery, located 22 km northeast of platform, with an initial gross production capacity of
Hibernia, was completed in 2011 and is comprised of gas 70 mboe/d (net 19 mboe/d to Suncor) from

and oil. The licence is operated by Suncor. In
21 development wells. In 2013, activities at Golden Eagle
September 2013, the Canada-Newfoundland and Labrador included the installation of two platform jackets and the

Offshore Petroleum Board issued two Significant Discovery wellhead topside, and the start of development drilling.
Licences (SDL 1051 and SDL 1052) for the Ballicatters The operator, Nexen Petroleum U.K. Ltd., estimates that
the gross development cost will be £2 billion
discovery. Potential options to commercialize the discovery
are currently being evaluated.
(Cdn$3.5 billion) and £0.6 billion (Cdn$1.0 billion) net to
Suncor. First production is expected late in 2014 or early
Suncor continues to pursue opportunities offshore
2015. The Golden Eagle co-owners also hold adjacent
Newfoundland and Labrador. The company holds interests exploration licences and continue to explore the region.
in 50 other significant discovery licences and six other
exploration licences offshore Newfoundland and Labrador.
Other Assets – North Sea

Other Suncor exploration and appraisal initiatives in the
International – Assets and Operations
North Sea include:

Buzzard – North Sea
• Beta discovery (Norway) – Suncor is the operator for the
The Buzzard oilfield is located in the Outer Moray Firth,
PL375, PL375b and PL375c licences, in which it has a
95 km northeast of Aberdeen, Scotland. Operated by 70% interest. The company drilled the first exploration
Nexen Petroleum U.K. Limited, a subsidiary of China
National Offshore Oil Corporation Limited (CNOOC), the well in early 2010, encountering hydrocarbons. An
appraisal well was drilled and tested later in 2010 with
Buzzard facilities have gross installed production capacity of
approximately 220 mbbls/d (net 66 mbbls/d to Suncor) of positive results. However, a third well drilled into a
separate fault block did not encounter hydrocarbons.
oil and 80 mmcf/d (net 24 mmcf/d to Suncor) of natural
gas. Actual annual production levels are lower than The company will continue to evaluate the Beta
discovery by interpreting 3D seismic data acquired in
production capacity, reflecting current reservoir capability,
including natural declines, water injection limits, gas and 2013 and with further drilling starting in 2014. The
Beta licences also contain other exploration
water production limits, and asset and infrastructure
reliability. Buzzard commenced production in January 2007. opportunities.

Buzzard consists of four bridge-linked platforms supporting • Butch discovery (Norway) – In 2011, Centrica plc, the
wellhead facilities, production facilities, living quarters and operator for the PL405 licence in which Suncor has a

utilities, and sulphur handling. At December 31, 2013, 30% interest, drilled an exploration well resulting in a
there were 45 wells: 33 oil and gas production wells and discovery, followed by a sidetrack well to assess the

12 water injection wells. In 2013, Suncor’s share of lateral extent of the hydrocarbons. Early in 2012, a
Buzzard production averaged 56 mboe/d (2012 –
second sidetrack well was attempted but abandoned,

48 mboe/d).
due to well instability, before reaching its intended
depth. In December 2013, the operator, began drilling
In 2013, Buzzard completed three oil and gas development
wells, which are intended to mitigate natural declines from the first of two additional wells on the licence to
explore for oil in separate fault blocks from the
the reservoir.
discovery.
Crude oil is transported via the third-party operated Forties
Pipeline System to the Kinneil terminal in Scotland. Natural • Myrhauk prospect (Norway) – Suncor has a 20%
interest in the PL539 licence, operated by Premier
gas is transported via the third-party operated Frigg
Pipeline to the St. Fergus gas terminal in Scotland.
Oil plc. The operator has planned an exploration well
for late 2014.

• Romeo discovery (U.K.) – During the second half of

2012 and into early 2013, the company was the

SUNCOR ENERGY INC. ANNUAL INFORMATION FORM 2014 19