Taiga (Osum Oil Sands Corp.) is a oil sands development located onshore Canada and is operated by Osum Oil Sands.

The project is currently in approval stage and is expected to start commercial production in 2024.

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Field participation details

The field is owned by Osum Oil Sands.


Production from Taiga (Osum Oil Sands Corp.)

Production from the Taiga (Osum Oil Sands Corp.) oil sands development project is expected to begin in 2024 and is forecast to peak in 2027, to approximately 35,000 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2062.


Remaining recoverable reserves

The field is expected to recover 212.09 Mmboe, comprised of 212.09 Mmbbl of crude oil & condensate.


Contractors involved in the Taiga (Osum Oil Sands Corp.) oil sands field

The key contractors involved in the Taiga (Osum Oil Sands Corp.) project as follows.

Other Contractors: Veolia Environnement

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About Osum Oil Sands

Osum Oil Sands Corp (Osum Oil) is an oil exploration and production company. The company acquires, explores, produces, and develops oil sands and crude oil. Its projects comprise Taiga, Orion, Saleski West, Liege, Saleski JV, Sepiko Kesik, and others. Osum Oil’s Orion and Taiga projects are located in Cold Lake, Alberta and Saleski JV, Saleski West, Sepiko Kesik, and Liege projects are Grosmont Carbonate projects producing oil. The company offers services such as infrastructure development, advanced engineering design, exploration project construction and management, drilling and operations services, and others. Osum Oil is headquartered in Calgary, Alberta, Canada.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.