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February 4, 2005

PROJECT UPDATE: STEADY PROGRESS

Construction continues to move ahead on schedule at the Long Lake site through the coldest months of the year, highlighted by piling work for both the SAGD and upgrader portions of the project as well as erection of an administration building that will house approximately 120 operations and 30 maintenance personnel.

Meanwhile, more than 20 horizontal well pairs have been drilled and a winter exploration program, including corehole drilling and 3D seismic has begun, on nearby properties (Leismer, Kinosis, and Cottonwood) shared by the Long Lake joint-venture partners.

 

On the Project site, earthwork and the installation of deep underground pipes and facilities has been completed on time and on budget. During 2004, 4 million cubic metres of earth and gravel were moved to prepare the site for construction. Fabrication of the major storage tanks, installation of piles and construction of the plant administration building have also commenced on schedule. Delivery of the first module to site is planned for the second quarter of 2005.

Detailed construction planning is continuing, with a planned peak onsite labour force of 2,000 in 2006.

Drilling of the commercial SAGD (steam assisted gravity drainage) well pairs is well underway with three rigs in operation. By the end of November, 18 horizontal wells were drilled. Drilling operations are proceeding ahead of schedule and below budget with reservoir results on track with expectations. Based on these initial results it is expected the drilling of 130 horizontal wells (65 well pairs) will now be completed prior to the end of 2005 compared to the first quarter of 2006.

Visit the OPTI Canada Inc. Web siteVisit the Nexen Web site

Archive 2005:


December 15, 2005
We're On Track
See the Progress –
Long Lake 2005 Construction Video


October 13, 2005
Project Update:
OPTI, Nexen Release Q3 Results


September 30, 2005
Upgrader Supermodules Bolted Into Position


September 12, 2005
Community Picnic & Bingo Draws a Crowd


August 24, 2005
Project Update: From Above


July 28, 2005
Second Long Lake Phase Proposed


July 14, 2005
Project Update: Nexen, OPTI Announce Q2 Results


June 29, 2005
Long Lake Supports Summer Events


June 16, 2005
Project Update: Eye in the Sky


June 7, 2005
Project Update: Arrival of First SAGD Piperacks


May 11, 2005
Project Update: Marshalling Facility


April 27, 2005
Project Update: OPTI, Nexen Release Q1 Results


April 22, 2005
Long Lake 'Runs' with Keyano College


April 8, 2005
First Modules Shipped to Long Lake Site


March 23, 2005
People Make the Project


March 18, 2005
Chipewyan Prairie Celebrate


February 23, 2005
Project Update: Custom Rig Makes Well Completions Easier and Safer


February 4, 2005
Project Update: Steady Progress


February 2, 2005
Long Lake Supports Vital Child Care Initiative


January 5, 2005
Project Update: Solid Progress During 2004

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