Cenovus Energy Inc.
No modeled maintenance in the forward windowSAGDCVE
| Operator | Cenovus Energy Inc. |
| Type | SAGD |
| Ticker | CVE |
| ST53 scheme | Foster Creek |
| Description | Foster Creek is a steam-assisted gravity drainage (SAGD) oil sands project in northeast Alberta producing diluted bitumen. It is one of Cenovus's two core in-situ assets alongside Christina Lake. Source: Cenovus Energy, Second quarter 2026 results, 2026-07-29 |
| Status | Operating. The project is part of the Foster Creek Christina Lake partnership scheme and is an established operating facility. Planned turnaround frequency and duration: not disclosed. |
| Nameplate capacity | Nameplate capacity is 210,000 bbl/d of bitumen, after a debottlenecking/optimization program. Source: Oil Sands Magazine, Cenovus grows capacity at Foster Creek and upsizes expansion at Christina Lake North, 2026-02-20 Demonstrated output has exceeded the stated nameplate: all-time maximum 245,300 bbl/d in July 2026 (AER ST53, scheme "Foster Creek"). Modeled nameplate confirmed at 210,000 bbl/d, 2026-09-23: credible and conservative against demonstrated history. Per the standing rule, where actuals beat announced nameplate, history wins. |
| Start-up / phases | not tracked in the public data used here |
| Ownership / JV split | Cenovus Energy Inc. owns 100% and operates Foster Creek, effective May 17, 2017, when ConocoPhillips completed the sale of its 50% non-operated interest in the Foster Creek Christina Lake (FCCL) partnership to Cenovus. Source: ConocoPhillips, ConocoPhillips Completes Sale of Foster Creek Christina Lake Partnership Interest and Western Canada Deep Basin Gas Assets to Cenovus, 2017-05-17 |
| 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 with solvent co-injection optimization. Source: Cenovus Energy, Second quarter 2026 results, 2026-07-29 |
| Froth treatment | not applicable (in-situ / upgrading) |
| Interconnects | not tracked in the public data used here |
| Growth / expansions | A sanctioned solvent-aided project is expected to add 5,000 to 10,000 bbl/d of production by 2028. Source: Cenovus Energy, Second quarter 2026 results, 2026-07-29 A sulphur recovery project at Foster Creek was completed, with disclosed expected cost savings of $0.50 to $0.75 per barrel. Source: Cenovus Energy, Second quarter 2026 results, 2026-07-29 |
| Company-disclosed maintenance | A turnaround was conducted at Foster Creek in Q2 2026. Note: secondary-sourced; primary disclosure of planned turnaround frequency and duration was not found in reviewed sources. Source: Oil Sands Magazine, Cenovus grows capacity at Foster Creek and upsizes expansion at Christina Lake North, 2026-02-20 |
| Operating costs | Per-barrel operating cost for Foster Creek specifically was not disclosed. Cenovus disclosed that the completed sulphur project is expected to reduce costs by $0.50 to $0.75/bbl. Source: Cenovus Energy, Second quarter 2026 results, 2026-07-29 |
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 |
|---|---|---|---|---|---|---|
| Foster Creek (Cenovus) | 282.7 | 287.5 | 296.7 | 283.2 | 235.5 | 310.7 |
| Series | Oct 2026 | Nov 2026 | Dec 2026 | Jan 2027 | Feb 2027 | Mar 2027 |
|---|---|---|---|---|---|---|
| Foster Creek (Cenovus) | 287.0 | 292.3 | 297.4 | 283.3 | 280.9 | 273.5 |
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 Foster Creek (Cenovus): Apr 2027 dip to 188.4 is seasonal. Q2 2026 turnaround complete; no 2027 plan stated.
No maintenance events in the current model math for this project.
| Timing | Event | Impact kb/d | Standing | Source |
|---|---|---|---|---|
| Oct 2026 to Dec 2026 (quarter precision) | No turnaround in window (stated) | not stated (null, never estimated) | Guidance sourced | Cenovus Energy Inc., Cenovus announces second-quarter 2026 results (2026-07-29) |
Pattern-indicated entries are indicators only: they carry no volume and never enter model math. Math requires public-confirmed guidance.
Named assumptions: Apr 2027 dip to 188.4 is seasonal. Q2 2026 turnaround complete; no 2027 plan stated.
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, Foster Creek output is unchanged by upgrader outages and any upgrader-bound share is assumed diverted to dilbit, so its 279.5 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.
No weekly edition to date mentions this asset by name.
Foster Creek (Cenovus)
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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