Wood Buffalo Economic Development

Major Projects

Major projects

  • Wood Buffalo has a non-resident population that makes up one quarter of the total population. New investment and the expansion of the existing infrastructure provide the key to making Wood Buffalo a permanent home for more of those who work here.
  • In the province of Alberta, currently there are 915 major projects that are valued at nearly $209 billion. Of that total, 61% or $128 billion resides in Wood Buffalo of which 92% or $117 billion is related to oil and gas projects.

Top Announced Oil Sands Projects

As at December 31, 2011
Company Name Project Name  Cost in $ (Millions)
Nexen ‘Long Lake’ Phases 2 through 6

$ 10,400.00

CNRL ‘Horizon’ Phase 4 and 5

$ 10,200.00

CNRL ‘Birch Mountain East’ Phase 1 and 2

$ 3,400.00

Total ‘Joslyn’ Phase 3 and 4

$ 3,300.00

Chevron Canada ‘Ells River’ Phase 1

$ 2,900.00

Information source: Inventory of Major Alberta Projects, December 2011 & Industry Relations (oil sands)

Oil sands

Top Oil Sands Projects Under Construction

As at December 31, 2011
Company Name Project Name  Cost in $ (Millions)
Suncor ‘Voyageur’ Phase 1 and 2

$ 7,000.00

Suncor ‘Firebag’ Phases 3 through 6

$ 4,100.00

Imperial / Exxon Mobil ‘Kearl Lake’ Phase 1

$ 2,700.00

Cenovus ‘Christina Lake’ 1C and 1D

$ 2,300.00

ConocoPhillips ‘Surmont’ Phase 2

$ 1,200.00

Information source: Inventory of Major Alberta Projects, December 2011 & Industry Relations (oil sands)

 

Top Infrastructure Projects Announced, Proposed, Under Construction or Recently Completed

As at December 31, 2011
Company Name Project Name Cost in $ (Millions)
Alberta Transportation Twinning Highway 63

$ 940.00

Alberta Transportation Thickwood and Confederation Interchanges

$ 300.00

Fort McMurray Regional Airport Authority Airport Expansion and Upgrade

$ 247.00

Regional Municipality of Wood Buffalo Athabasca Water Treatment Plant Upgrades and Expansion

$ 161.50

Regional Municipality of Wood Buffalo 2011 Road Rehabilitation and Infrastructure Projects

$ 153.00

Information source: Inventory of Major Alberta Projects, December 2011 & Industry Relations (oil sands)

Infrastructure

Top Institutional Projects Announced, Proposed, Under Construction or Recently Completed

As at December 31, 2011
Company Name Project Name Cost in $ (Millions)
Alberta Infrastructure Fort McMurray Continuing Care Centre, Timberlea (Parsons Creek)

$ 50.00

Keyano College Power Engineering / Process Operator Power Lab

$ 20.00

Alberta Education New School (K to Grade 6) in Eagle Ridge

$ 16.40

Alberta Education New School (K to Grade 6) in Eagle Ridge

$ 16.40

Alberta Infrastructure Northern Lights Regional Health Centre Emergency and ICU Renovations

$ 13.00

Information source: Inventory of Major Alberta Projects, December 2011 & Industry Relations (oil sands)

 

Top Tourism/Recreation Projects Announced, Proposed, Under Construction or Recently Completed

As at December 31, 2011
Company Name Project Name  Cost in $ (Millions)
Regional Municipality of Wood Buffalo MacDonald Island Park Expansion (Sports Park Development)

$ 55.00

Regional Municipality of Wood Buffalo Anzac Leisure Facility

$ 24.00

Regional Municipality of Wood Buffalo 2011 Park Projects

$ 22.00

Regional Municipality of Wood Buffalo Athletic Field, Timberlea High School Site

$ 15.00

Regional Municipality of Wood Buffalo Performing Arts Centre, MacDonald Island Park

$ 10.00

Information source: Inventory of Major Alberta Projects, December 2011 & Industry Relations (oil sands)