Showing posts with label Orion. Show all posts
Showing posts with label Orion. Show all posts

Tuesday, May 29, 2012

Shell looking to sell Orion SAGD project


Facilities at Orion.
Photo by Joey Podlubny 

via the Oilsands Review   
Shell is looking to sell its Orion project. They have government approval to produce up to 20,000 barrels a day from it, but are producing only a quarter of that. This suggests to me that it's not a particularly good project, but I guess whoever ends up buying it will be more than aware of its limitations.