Syncrude produced the three billionth barrel of crude oil at its Mildred Lake upgrading complex in October, 2019. This surpasses a milestone not reached by any other single source of oil production in Canada’s history.
“We are proud to celebrate this remarkable achievement with our employees and retirees, whose tenacity and know-how enabled us to produce three billion barrels over the past 41 years,” says Doreen Cole, Syncrude’s Managing Director in a news release. Cole noted the important contributions of Syncrude employees past and present, as well as partners including suppliers, contractors, Indigenous communities and others. She also commented on the important economic and social benefits this unprecedented level of production has brought to every region and province in Canada.
The impact of this oil production has been felt throughout Canada in terms of economic growth, jobs, community investment and environmental stewardship.
By the Numbers:
- 3 billion barrels of oil produced;
- $64 billion in goods and services purchased over the last 20 years, driving economic growth across Canada;
- $21 billion in royalties and taxes paid to governments since 1978;
- $32 billion contribution to Canada's economy from 2013 to 2017;
- $3 billion cumulative procurement from Indigenous companies;
- 4,800 hectares of land disturbed by mining operations have been reclaimed or are ready for re-vegetation;
- 200,000 Syncrude employees and contractors, past and present.
Did you know?
Syncrude Canada was incorporated in 1964 with a focus on oil sands production.