Canada
The ConocoPhillips Canadian operations are comprised primarily of Surmont in the Athabasca region of northeastern Alberta and the Montney unconventional development in British Columbia.
Surmont is a steam-assisted gravity drainage (SAGD) development that contains over a billion barrels of captured resources. In 2022, Surmont resumed sustaining pad drilling with Pad 267 for first production in early 2024.
At Montney, ConocoPhillips has established a major position in a liquids-rich unconventional development play. During 2023, the company progressed its development activities and completed construction on the second phase of its processing facility, which started up in the third quarter of 2023.
Canada at a Glance
As of December 31, 2022
2022 Production Mix
Full-year 2022 production in the Canada segment was 85 MBOED.