Operations

MEG Energy is focused on sustainable in situ thermal oil development and production with a large, wholly-controlled resource base concentrated in the southern Athabasca region of Alberta.

MEG owns approximately 1,100 square kilometres of leases in three key areas

Christina Lake

The Christina Lake Project is currently the focus of MEG’s oil development.

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Surmont

The Surmont Project is a proposed multi-phased development with a total design capacity of approximately 120,000 bpd.

Growth Properties

MEG Energy’s Growth Properties comprise leases to the south and west of MEG's current operations.

Beneath the surface of MEG's Christina Lake leases are an estimated 2.0 billion barrels of proved plus probable reserves. This large resource base is the foundation of our current production and future growth plans.

Our Technology

MEG plans to grow its production using steam-assisted gravity drainage (SAGD) technology with thermal-electric cogeneration providing a portion of the required steam.

MEG is also deploying eMSAGP technology to maximize production out of existing assets.

These proven technologies have demonstrated economic and environmental advantages. While the benefits of using proven technology are the foundation of our approach, we also actively investigate technologies such as our proprietary enhanced bitumen recovery processes eMSAGP and eMVAPEX that potentially provide further improvements to resource recovery while reducing our costs and environmental footprint.

Marketing at MEG

A high quality asset with strategic market access
Our Process

Technology

MEG’s innovative technologies drive down steam to oil ratios (SOR) and decrease GHG emissions intensity.

Incident Notification

TEST: Incident Notification – December 4, 2023 – Meg Energy announces that today, at approximately 08:15 hrs, during work carried out on a natural gas well near the village of Edmonton in Alberta.