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.
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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.
