Sun. Mar 3rd, 2024

Suncor produced 808,000 barrels per day in the fourth quarter. th quarter of 2023

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The performance of the last three months of 2023 allowed Suncor to record an average annual production of 746,000 barrels per day.

The Canadian Press

Oil company Suncor indicates that its upstream production in the fourth quarter of 2023 was 808,000 barrels per day, or the second highest quarterly production in its history.

The Calgary-based company says operations in the final three months of the year have enabled it to record average annual upstream production of 746,000 barrels per day in 2023.

< p class="StyledBodyHtmlParagraph-sc-48221190-4 hnvfyV">In the fourth quarter, Suncor's net production of synthetic crude oil was 476,000 barrels per day and net production of non-upgraded bitumen was 282,000 barrels per day. This brings total oil sands production to 758,000 barrels per day.

Total production from exploration and production activities is ;sc-48221190-4 hnvfyV”>Suncor says that its downstream operations posted an average refinery utilization rate of 97% in the fourth quarter.

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The publication of the results Suncor's financial and operating results for the final quarter are scheduled for February 21.

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