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- Oil Sands
- Arctic
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The cost to capture carbon dioxide, as well as carbon capture and storage technologies, is cost-prohibitive for our operations. As a result, we currently do not have plans for carbon capture and storage at Surmont Phase 1. However, Surmont Phase 2 is designed to include the physical space required for a future carbon capture and storage retrofit, should this prove economically feasible. Should carbon capture and storage be incorporated in future phases, it may also capture carbon dioxide from Surmont Phase 1.
We are investing in research to reduce cost of capture by:
As part of ConocoPhillips’ $300 million investment in heavy oil technology development, ConocoPhillips Canada is undertaking studies on various advanced-capture technologies and potential storage solutions.