As 2016 drew to a close, the Alberta Energy Regulator (AER) received notice of another cancelled tar sands/oil sands project, the second in a month, when Murphy Oil withdrew its plans for a C$624-million, 12,450-barrel-per-day development in the province’s Peace River region.
The December 19 announcement came just days after Koch Oil Sands Operating ULC walked away from a 10,000-barrel-per-day project for which it had received regulatory approval in 2014.
Murphy had filed an application for its Seal thermal project early in 2015, JWN Energy reports. This past November, it sold the land to longtime tar sands/oil sands operator Baytex Energy in a $65-million deal.
“Murphy has confirmed with Baytex that they do not have an interest in continuing with this application,” the company said in its notice to AER.