Canadian Natural Resources Limited
No modeled maintenance in the forward windowSAGDCNQ
| Operator | Canadian Natural Resources Limited |
| Type | SAGD |
| Ticker | CNQ |
| ST53 scheme | Jackfish |
| Description | Jackfish is a steam-assisted gravity drainage (SAGD) in-situ oil sands project in the Athabasca region producing bitumen. Canadian Natural acquired it from Devon Energy in 2019. Source: World Oil, Canadian Natural closer to 'King of oil sands' with Devon purchase, 2019-05-30 |
| Status | Operating. |
| Nameplate capacity | Announced nameplate capacity of 120,000 bbl/d of bitumen. The facility runs ABOVE announced nameplate: all-time demonstrated maximum 131,300 bbl/d in July 2026 (AER ST53, scheme "Jackfish", Canadian Natural Resources Limited); the facility has at times operated above nameplate (e.g., a record 129,000 bbl/d at the end of 2020). Modeled nameplate is 131,000 bbl/d (demonstrated output), raised 2026-09-23 per the standing rule: where actuals beat announced nameplate, history wins and the page says so explicitly. Source: Canadian Natural Resources Limited, Q1 2026 results front-end, 2026-05-07 Source: Oil Sands Magazine, CNRL makes plans to add 'low risk volumes' to its thermal portfolio, 2021-11-14 Source: Source: AER ST53 monthly, verified 2026-09-23 Note: the ST53 scheme "Jackfish 1" under Devon NEC Corporation (max 32,100 bbl/d, 2010-12) is a separate legacy scheme and is NOT part of the Jackfish project total. The Devon Canada Corporation "Jackfish" row (max 128,200 bbl/d, 2018-12) is the pre-acquisition record of the same physical asset now operated by CNRL. |
| Start-up / phases | not tracked in the public data used here |
| Ownership / JV split | Canadian Natural Resources Limited owns 100% and operates Jackfish. Source: Canadian Natural Resources Limited, Q1 2026 results front-end, 2026-05-07 |
| Product and disposition | Bitumen: flexible disposition, dilbit to market or upgrader feed (economically optimized) Source: Dashboard grade-layer panel (leaf mapping lineage); disposition defaults from annotations/maintenance_disposition_history.md |
| Process / technology | SAGD. Source: Canadian Natural Resources Limited, corporate presentation, September 2022, https://www.presentationnation.com/api/assets/companies/canadian-natural-resources/presentations/p-corp-pres-september/original.pdf |
| Froth treatment | not applicable (in-situ / upgrading) |
| Interconnects | not tracked in the public data used here |
| Growth / expansions | At Pike (adjacent lease, now 100% CNRL after the Q1 2022 acquisition of the remaining 50% working interest), two SAGD pads were being drilled in H1 2025 and will be tied into the existing Jackfish facilities; both were targeted to come on production in 2026 to keep the Jackfish plants at full capacity. Source: Canadian Natural Resources Limited, Q1 2025 interim report, 2025-05-08 Canadian Natural reports total thermal in-situ facility processing capacity of approximately 340,000 bbl/d across its portfolio (not allocable to individual projects). Source: Canadian Natural Resources Limited, Q1 2025 interim report, 2025-05-08 |
| Company-disclosed maintenance | A turnaround at Jackfish was completed in April 2026, with a Q2 average impact of about 9,300 bbl/d. Source: Canadian Natural Resources Limited, Q1 2026 results front-end, 2026-05-07 not disclosed in reviewed sources |
| Operating costs | Canadian Natural discloses thermal in-situ operating costs on a portfolio basis, not by project: C$12.59/bbl in Q1 2026. Source: Canadian Natural Resources Limited, Q1 2026 results front-end, 2026-05-07 Full-year 2025 thermal in-situ operating costs were C$11.09/bbl. Source: Canadian Natural Resources Limited, Q4 2025 results front-end, 2025-03-05 |
Blank "not tracked" cells are facts not present in the public data used here. They are labeled, never estimated. Filing-sourced facts carry their document name and date; where sources disclose multiple bases for one figure, all are shown.
| Series | Feb 2026 | Mar 2026 | Apr 2026 | May 2026 | Jun 2026 | Jul 2026 |
|---|---|---|---|---|---|---|
| Jackfish (CNRL) | 137.2 | 129.7 | 93.2 | 128.7 | 131.9 | 128.8 |
| Series | Oct 2026 | Nov 2026 | Dec 2026 | Jan 2027 | Feb 2027 | Mar 2027 |
|---|---|---|---|---|---|---|
| Jackfish (CNRL) | 139.7 | 135.3 | 134.5 | 135.5 | 135.9 | 138.9 |
Full 26-month table with drill-down lives in the trading dashboard. Blank cells are months AER has not published yet, not zeros.
How to read Jackfish (CNRL): Seasonal baseline off a 108.4 kb/d trailing-12m baseline. No 2027 turnaround statements; single-month dips are seasonal factors repeating the last 3 years.
No maintenance events in the current model math for this project.
No forward-calendar entries for this project in annotations/maintenance_forward.yaml.
Named assumptions: Seasonal baseline off a 108.4 kb/d trailing-12m baseline. No 2027 turnaround statements; single-month dips are seasonal factors repeating the last 3 years.
Confirmation status: model forecast; maintenance impacts enter the math only from public-confirmed guidance.
In-situ bitumen has flexible disposition (dilbit to market or upgrader feed). In the model, Jackfish output is unchanged by upgrader outages and any upgrader-bound share is assumed diverted to dilbit, so its 137.3 kb/d 12-month forecast average is a steady contributor to marketable dilbit across the tradable window.
Basis: model-derived from the dashboard series above; no external view is added.
Jackfish (CNRL)
Source: AER ST53, commercial scheme mapping (repo annotations/projects.yaml)
Vintage: AER ST53 actuals through 2026-07, pulled 2026-09-22; model nowcast (_seasonal_baseline + confirmed maintenance), built 2026-09-23
Method: actuals: ST53 scheme observed, grossed up by 1.27 to ST3 in-situ level (mapped projects cover 79.0%). forecast: _seasonal_baseline (trailing-12m mean x seasonal factor from last 3 complete years).
| Publisher | Dataset | URL | Published | Vintage / coverage | Retrieved |
|---|---|---|---|---|---|
| Alberta Energy Regulator | ST3: Alberta Energy Resource Industries Monthly Statistics | https://www.aer.ca/data-and-performance/data-and-publications/statistical-reports/st3 | Monthly | Actuals through 2026-07 (latest file vintage 2026-08-27) | 2026-09-22 |
| Alberta Energy Regulator | ST53: In-situ project data (BITUMEN sheet) | https://www.aer.ca/data-and-performance/data-and-publications/statistical-reports/st53 | Monthly | Actuals through 2026-07 | 2026-09-22 |
| Alberta Energy Regulator | ST39: Mine and upgrader facility data | URL not recorded in repo | Monthly | Actuals through 2026-05 | 2026-09-22 |
| Canada Energy Regulator | Pipeline throughput, capacity and apportionment (open data) | https://www.cer-rec.gc.ca/open/energy/throughput-capacity/ | Monthly, ~3-month lag | Jan 2018 to Jun 2026 | 2026-09-22 |
| Company disclosures | Quarterlies, budget releases, investor presentations, earnings calls | URLs per record in annotations/maintenance_forward.yaml | As published | Forward maintenance calendar window 2026-10-01 to 2027-09-30, compiled 2026-09-22 | 2026-09-22 |
| Heavy Reading model | WCSB S&D dashboard build (21 granular leaves, grade layer, maintenance math) | No public URL (repo build) | Per build | Forecast built 2026-09-22; Aug-Sep 2026 nowcast built 2026-09-23 | 2026-09-23 |
Every number on this page traces to a row above. Anything missing its own source line is flagged in place; nothing ships with an unsourced number.
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