Canadian Natural Resources Limited provide an update on the status of the Company's Horizon Oil Sands (Horizon) project and its recent plant shutdown for routine maintenance and the tie-in of additional coker capacity.
On September 10, 2014, the expansion of the Coker Plant (Phase 2A), was safely completed and production of synthetic crude oil ("SCO") recommenced with a targeted increase in production capacity to 127,000 bbl/d, an increase from the previous production capacity of 115,000 bbl/d.
Horizon production was taken offline for approximately 25 days commencing August 16, 2014 to complete this tie-in work and to perform routine maintenance. Canadian Natural targets to be within previously issued full year 2014 guidance of 109,000 bbl/d to 115,000 bbl/d. The coker tie-in and the associated increase in coker capacity was originally scheduled to be completed in mid-2015; however, due to strong construction performance and the early completion of the coker installation, Canadian Natural accelerated the tie-in to mid-2014.