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2008 Annual Report Suncor Inc

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2008 Annual Report Suncor Inc Working Together for Sustainable Success PTAC MEMBERS 191 members as at March 30, 2009 PRODUCERS – 24 GOVERnmEnt – 5 Delacom Detection Systems, LLC National Silicates ARC Resources Ltd. Alberta Energy Research Institute (AERI) Deloitte - Research and - Drilling Fluids Group BP Canada Energy Company Alberta Finance & Enterprise Development, Tax New Paradigm Engineering Ltd. Cadence Energy Inc. Canada Revenue Agency EBA Engineering Consultants Newalta - Environment and ChevronTexaco - Calgary CTSO SR&ED Section - Research Department Technology Group ConocoPhillips Canada Province of British Columbia Eco Roads Ltd. Noetic Engineering Inc. Devon Canada Corporation Saskatchewan Ministry of Emerson Process Management Norwest Corporation EnCana Corporation Energy and Resources - Copeland Scroll Oilflow Solutions Inc. EnerMark Inc. ENEFEN Energy Efficiency Orion Projects inc. Husky Energy Inc. INDiviDUals – 7 Engineering Ltd. Oxand Technologies Inc. IFP Technologies (Canada) Inc. Hoopfer, Dwayne Energy Navigator Inc. Outland Technologies Inc Imperial Oil Limited Kearsey, John EnviroSafe Technologies Inc. P.K. Services International Laricina Energy Ltd. Kenny, James Envirosoft Products Inc. Paradox Access Solutions Inc. Nexen Inc. Lloyd, Eric Epcor Paragon Soil and Pengrowth Management Limited Putt, Ken Epic Consulting Services Ltd. Environmental Consulting Inc. Penn West Petroleum Ltd. Radke, Gerald Epicentre Consulting Ltd. Pason Systems Inc. Petro-Canada Resources Todd, Murray ETX Systems Inc. Pathcom Wireless Inc. Quicksilver Resources Canada Inc. Expro Group Canada Inc. Portfire Associates Inc. Shell Canada Ltd. SERvicE anD SUpplY Extreme Telematics Corp. Praxair Canada Inc. 2008 Annual Report Suncor Inc. – Resources Group COmpaniES – 135 Fekete Associates Inc. PressSol Ltd. Talisman Energy Inc. 3 esi Ferus Gas Industries PricewaterhouseCoopers LLP Total Exploration & Production Ltd. 3M Canada - Oil and Gas Division Flextronics Technology (TICE) Practice Trident Exploration Corporation Abandonrite Enviro Services Corp. Gas Liquids Engineering Ltd. Process Ecology Inc Unconventional Gas Resources Canada Advanced Geotechnology GChem Ltd. ProTechnics Vermilion Gas Resources Canada Advanced Measurements Inc. geoLOGIC systems Ltd. Q’Max Solutions Inc. - Oil and Gas Division Gowling Lafleur Henderson LLP Quadrise Canada Fuel System Inc. TRanspORTERS AECOM Canada (Intellectual Property Development) Rainmaker Global / MIDstREam (formerly Gartner Lee) Ground Effects Environmental Business Development PROCEssORS – 7 Afina Energy Inc. Services Inc. Reaper Pumps Inc. ATCO Pipelines AGAT Laboratories Ltd. GuildOne, Inc. REM Technology Inc. Enbridge Inc. - Hydrocarbon Division Gushor Inc. Remediation Consulting Group Inc. Inter Pipeline Fund Air Liquide Canada Inc. Hatch Energy Rigstar Communications Inc. Keyera Energy Ltd. Alberta-Pacific Forest Industries, Inc. HIFI Engineering Inc. RPS Energy Canada Nova Chemicals Corporation Woodlands Division Hyperion Technologies Inc. RWDI Air Inc. Pembina Pipeline Corporation Alfa Laval - Process Technology IHS Schlumberger of Canada TransCanada Pipelines Ltd. Oilfield Marketing Unit Innicor Completion Systems - A division Scientific Drilling International ALS Environmental of Innicor Subsurface Technologies (Canada) Inc. VEntURE Capital – 2 AMEC Earth & Environmental IntelliView Technologies Inc. ShawCor Ltd. Octane Venture Partners ARCADIS Canada Katch Kan Limited Siemens Product Lifecycle Purple Mountain Ventures AXIA NetMedia Corporation KPMG High Technology Practice Group Management Software (CA) Ltd. Blue Source Canada ULC Little Guy Oilfield Rentals Inc. Sky Hunter Exploration Ltd. RESEARch Boreal Laser Inc. LoadTrak SNC Lavalin - Studies and PROviDERS – 8 Brine-Add Fluids Ltd. Lonkar Services Ltd. Developmental Projects Alberta Research Council C5 Oilfield Enterprises Ltd. - Technology Department Sproule Associates Ltd. Alberta Sulphur Research Ltd. Camcor Capital Inc. LxData Inc. SQFive Intelligent Oilfield Solutions Ltd. EI DuPont Canada Company Canada Tech Corp Macleod Dixon (Technology Stantec Consulting Ltd. Natural Resources Canada (CANMET) Canadian Fertilizers Limited Enterprise Group) Sumitom Electric Lightwave/ABF Division Petroleum Technology Research Centre Canadian HSE Registry Mactronic Enerflex Systemware Innovation Corporation Pure Elements Environmental Solutions Century Oilfield Services Inc. Maple Leaf Environmental Terra Water Systems LP Saskatchewan Research Council CH2M Hill Energy & Chemicals Equipment Ltd. Terrapro Group TIPM Laboratory (Perm Inc.) Chinook Engineering Ltd. Matrix Solutions Inc. The Moorhead Group LLC CISCO Systems Canada Co. MEI Resources T.L. Watson & Associates Inc. LEARning Clean Well Tools Ltd. Meridian Environmental Inc. Total Combustion Inc. InstitUtiOns – 3 Clearstone Engineering Ltd. Millenium EMS Solutions Ltd. Trican Well Service Ltd. SAIT Combo Energy Services MRCan Services Ltd. Triple D Technologies Inc. University of Alberta Computer Modelling Group Ltd. MSDS Binders Inc. Tundra Boiler & Instrumentation Ltd. University of Calgary Cybera Myotis Wireless UTI Limited Partnership Daily Oil Bulletin Naiad Company Ltd. WellDunn Consulting DALKIA Canada WorleyParsons Komex zed.i solutions 2 PETROLEUM TECHNOLOGY ALLIANCE CANADA 2008 ANNUAL REPORT MISSION Message from the Board of Directors PTAC Technology Areas While depressed oil and gas prices are proving to be a hallmark of the current EnhancED EnviROnmEntal ManagEMEnt economy, pressure to manage environmental impacts and reduce greenhouse • Emission Reduction / Eco-efficiency To facilitate innovation, collaborative research gas (GHG) emissions continues unabated amidst the challenge to reduce overall • Energy Efficiency recovery costs and improve the efficiency of operations. This dramatic economic • Resource Access and technology development, demonstration and political contrast has industry stakeholders throughout the world wrestling • Air with the same question: How can we continue sustainable and profitable • Ecological and deployment for a responsible Canadian hydrocarbon resource development in this depressed economic environment? • Soil and Groundwater hydrocarbon energy industry. The economic downturn, changes in consumer behaviour, the implementation • Water of measures to increase fuel efficiency, and the adoption of alternative energy • Alternative Energy Solutions sources have already resulted in reduced global market demand for oil and continued significant downward pressure on oil prices. At the same time, IMPROVED OIL AND GAS RECOVERY the environmental policy of the new administration in the US will likely put • Conventional Oil and Gas Recovery significant pressure on industry to reduce GHG emissions in particular and the • CO2 Enhanced Hydrocarbon Recovery VISION environmental footprint in general. • Coalbed Methane/Unconventional Gas • Oil Sands Surveying this shifting global landscape, it is imperative that we ask two • Heavy Oil To help Canada become a global hydrocarbon energy fundamental questions: 1) How can we develop and produce our conventional and unconventional UpgRADing, REfining, PETROchEmical technology leader through innovation, collaborative hydrocarbon resources in a sustainable and profitable manner? TEchnOLOgiES, anD TRanspORtatiON 2) How can we convert our resources to production in time and in an • Hydrocarbon Upgrading efficient and orderly manner to meet the future global demand? research and technology development, demonstration • Refining Globally, it is estimated that the world has over 11 trillion barrels (bbls) of light/ • Petrochemicals and deployment for a responsible Canadian heavy oil and bitumen resources in total reserves. One trillion bbls have been • Hydrogen consumed already, and 1.3 trillion bbls are recoverable with existing technology, • Gasification hydrocarbon energy industry. leaving approximately 9 trillion bbls of resources untapped. However, technology • Pipelines development offers the opportunity to increase the reserves accessible from • Integration these 9 trillion bbls of trapped oil, and to reduce the costs of producing existing • Transportation reserves. The need to develop new technologies to convert these vast resources into production and reduce the cost of recovery is becoming increasingly Contact Us evident. If we can develop new technologies and increase the recovery of PTAC Technical Areas For further information, please contact: PTAC Petroleum Technology Alliance Canada Canada’s bitumen resource to 30%, which is equal to the current rate of recovery • Drilling and Well Completion Suite 400, Chevron Plaza, 500 Fifth Avenue SW, Calgary, AB Canada T2P 3L5 from light oil resources, Canada’s oil reserves could exceed the current reserves • e-Business main: (403) 218-7700 fax: (403) 920-0054 Email: [email protected] WEB sitE: www.ptac.org of the entire Middle East. In addition, tremendous unconventional gas resources remain untapped. Canada alone has 1500 trillion cubic feet (tcf) of tight gas, • Facility Design PERSOnnEL 500 tcf of shale gas, 500 tcf of coal bed methane and a massive 28000 tcf of • Geosciences gas hydrates resources. To put this in perspective, Canada’s unconventional gas • Health and Safety SOHEIL ASGARPOUR BRUCE PEACHEY BRENDA BELLAND SUSIE DWYER BObbI SINGH resources are more than four times the global gas reserves that are currently • Instrumentation/Measurement President Technical Advisor, Manager, Knowledge Centre Innovation and Technology Accountant phone: 403-218-7701 Increased Recovery phone: (403)
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