Suncor Energy is looking to start a new oilsands project north of Fort McMurray.
The Alberta Energy Regulator issued a notice that they’d received an application from the Calgary-based company to construct, operate, and later reclaim their Lewis In Situ Project which would be 25 km northeast of town.
They’re looking to produce around 160,000 barrels of bitumen per day.
This would be one of the company’s biggest production sites behind Syncrude, which saw 173,000 bbls/d produced in the last quarter of 2017, and Fort Hills which has a capacity of 194,000 bbls/d.
Back in October 2017, Suncor also sent an application to the AER for their Meadow Creek West Project located 30 km southwest of Fort McMurray. This oilsands is expected to produce around 40,000 bbls/d.
The Lewis Project would also include two 85 megawatts cogeneration facilities to improve energy and greenhouse gas emissions.
If approved, construction will start by 2024 creating upwards of 1,000 jobs by 2027-28.
In 40 years, the site is also expected to put $11.3 billion towards the economy.