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It is located 40 km (25 mi) north of Fort McMurray, Alberta, Canada, at the northern end of the Mildred Lake lease area owned by Syncrude Canada Ltd. The dam and the tailings reservoir within it are constructed and maintained as part of ongoing operations by Syncrude in extracting oil from the Athabasca oil sands.
Syncrude Canada Ltd. is one of the world's largest producers of synthetic crude oil from oil sands and the largest single source producer in Canada.It is located just outside Fort McMurray in the Athabasca Oil Sands, and has a nameplate capacity of 350,000 barrels per day (56,000 m 3 /d) of oil, equivalent to about 13% of Canada's consumption. [1]
English: Aerial view from 40,000 feet, looking southeast, of Syncrude Mildred Lake site, an Athabasca oil sands mine works in northeast Alberta, including the Syncrude Tailings Dam and basin (to left of the bright yellow sulfur stockpiles), with Mildred Lake and the Athabasca River in the background (partially obscured by clouds), and other oil sands works in the area
The Athabasca oil sands, also known as the Athabasca tar sands, are large deposits of oil sands rich in bitumen, a heavy and viscous form of petroleum, in northeastern Alberta, Canada. These reserves are one of the largest sources of unconventional oil in the world, making Canada a significant player in the global energy market.
The article KBR to Execute Oil Sands Tailings Management Project for Syncrude Canada Ltd. originally appeared on Fool.com. Try any of our Foolish newsletter services free for 30 days .
The dam and the artificial lake within it are constructed and maintained as part of ongoing operations by Syncrude in extracting oil from the Athabasca oil sands; it is the largest dam structure on earth by volume, and as of 2001 it was believed to be the largest earth structure in the world by volume of fill. [1]
The Alberta Energy Company originated in the Syncrude project. In 1957, Cities Service Oil Company of Bartlesville, Oklahoma established a Canadian subsidiary, Cities Service Athabasca Inc., to produce heavy oil in the Athabasca oil sands. The company opened a test plant at Mildred Lake and began strip mining bitumen.
The Tar Sands Healing Walk was a 14 km annual prayer walk in demonstration against crude oil extraction in the Athabasca tar sands.It began in 2010, starting just north of the city of Fort McMurray, Alberta at a location known as the Syncrude Loop, and traveling through the heart of the tar sands extraction zone.