Page 52 - AIF - English

STATEMENT OF RESERVES DATA AND OTHER OIL AND GAS INFORMATION

Suncor’s undeveloped petroleum assets include exploration economic viability of its properties, some properties are

properties in a very preliminary phase of evaluation, to selected for further development activities, while others are
discovery areas where tenure to the property is held temporarily deferred, sold, swapped or relinquished back to

indefinitely on the basis of hydrocarbon test results, but the mineral rights’ owner.
where economic development is not currently possible or
In 2014, Suncor’s rights to 135,696 net hectares in
has not yet been sanctioned. Certain Mining and In Situ Canada, 3,565 net hectares in Alaska and 129,258 net
properties may be in a mature phase of evaluation, where
hectares in Norway are scheduled to expire. Substantial
a significant amount of development has occurred; portions of expiring lands may have their tenure continued
however, reserves cannot be attributed due to one or more
beyond 2014 through the conduct of work programs
contingencies, such as project sanction. In many cases and/or the payment of prescribed fees to the rights’ owner.
where reserves are not attributed to lands containing one
No land tenure expiries are scheduled to occur for either
or more discovery wells, the key limiting factor is the lack Mining or In Situ properties for 2014.
of available production infrastructure. Each year, as part of

the company’s management process to review the

Oil and Gas Properties and Wells
The following table is a summary of oil and gas wells associated with the company’s operations as at December 31, 2013.

Oil Wells Natural Gas Wells

Producing
Non-Producing(1)(2)
Producing
Non-Producing(1)(2)
Gross Net
Gross Net
Gross Net
Gross Net

Alberta – In Situ(3) 213 213.0
58 58.0
— —
— —
.......................................................................................................................................................................................................................................................
Alberta – Conventional 50 32.5 3 2.7 55 26.6 7 4.6
.......................................................................................................................................................................................................................................................
British Columbia — — — — 38 33.2 6 4.9
.......................................................................................................................................................................................................................................................
Newfoundland 63 16.3 5 1.3 — — — —
.......................................................................................................................................................................................................................................................
North Sea 33 9.9 2 0.6 — — — —
.......................................................................................................................................................................................................................................................
Other International(4) — — 419 211.1 — — 6 6.0

Total 359 271.7 487 273.7 93 59.8 19 15.5

(1) Non-producing wells include, but are not limited to, wells where there is no near-term plan for abandonment, wells where drilling has finished, but the

well has not been completed, wells requiring maintenance or workover where the resumption of production is not known, and wells that have been
shut in and the date of resumption of production is not known with reasonable certainty.
(2) Non-producing wells do not necessarily lead to classification of non-producing reserves, which are described subsequently in this description.

(3) SAGD well pairs are counted as one well. Wells where steam injection has commenced are classified as producing.
(4) Other International includes wells associated with the company’s suspended operations in Syria. There are no reserves associated with wells in Syria,
only contingent resources. The number assumes that no wells have been damaged since Suncor exited the country in December 2011.

There are no producing wells associated with Mining primarily associated with recently drilled development wells

properties. Suncor has no proved developed non-producing to be brought on production in 2014.
reserves or probable developed non-producing reserves in
For Other International, non-producing reserves are
its Mining reserves.
associated with wells in Libya that are suspended due to

For In Situ properties, proved non-producing reserves and political unrest in the country, which resulted in the closure
probable non-producing reserves are associated with wells of export terminal operations at eastern Libyan seaports.

that have been drilled within the last two years, which Production in Libya was shut in as at December 31, 2013,
require further capital for completion and tie in to facilities and as such, all associated reserves were classified as

to bring the wells on-stream. This capital requirement is non-producing with the assumption that production would
significant enough that the reserves are not classified as resume on April 1, 2014.

developed.

Proved plus probable developed non-producing reserves for
North America Onshore, East Coast and North Sea are

50 SUNCOR ENERGY INC. ANNUAL INFORMATION FORM 2014