​Post-fire Syncrude production return pushed back: Suncor

Image: Joey Podlubny/JWN

Syncrude is going to take longer than previously predicted to ramp volumes back up following a fire that occurred in March, lead owner Suncor Energy said on Wednesday.

A previously scheduled maintenance turnaround was moved up in order to minimize the impact of the outage, and Suncor says a detailed repair schedule and return to service plan has been developed.

The company said in March that Syncrude would return to 50 percent capacity in April, but this week modified that schedule to 50 percent rates in mid-May, followed by full production of up to 350,000 bbls/d by the end of June.

The outage has contributed to a rise in synthetic crude oil prices as well as prices for heavy crude as in situ oilsands projects that use Syncrude production for transportation blending reduce rates.