At full development, Kearl is expected to produce almost 500,000 bpd of diluted bitumen, or about one in every eight barrels of oil in Canada based on today s production levels. Source: Canadian Association of Petroleum Producers (CAPP) Kearl oil sands project State-of-the-art production, Supply and reliability Jointly owned by Imperial Oil (operator) and ExxonMobil Canada, the Kearl oil sands project will produce one of the largest and highest quality oil sands deposits in Canada. For decades, ExxonMobil and Imperial Oil have advanced oil sands innovation, and the Kearl project represents a state-of-the-art approach to modern oil sands production. Kearl s proximity to North American markets via existing and proposed pipeline networks ensures a secure and reliable supply of quality crude for U.S. and Canadian refineries. production Start-up expected late 2012 Diluted bitumen production is anticipated to start by the end of 2012 and ramp up to an initial production level of 160,000 barrels per day (bpd). At full development, Kearl is expected to produce almost 500,000 bpd of diluted bitumen, which represents one in every eight barrels of oil in Canada based on today s production levels. It is estimated that 4.6 billion barrels of bitumen is recoverable. Once production begins, Imperial Oil will be one of the largest producers of Canadian heavy crude oil.
Kearl: next generation oil sands production Together, Imperial Oil and ExxonMobil have a strong trackrecord of developing new technologies and establishing clear goals that guide project planning and execution. Kearl relies on a combination of existing and new technologies to mine and extract bitumen from oil sands. High-capacity shovels and heavy-haul trucks remove and transport ore for slurrying and extraction. Extracted bitumen froth is processed through a proprietary paraffinic froth treatment (PFT). This new technology processes bitumen on-site to remove water and solids and improve bitumen quality. The bitumen is then blended with condensate to create a diluted bitumen product. The PFT process removes a portion of the heavy end of the barrel (asphaltenes) using less energy than would be required to remove the same heavy ends in a coker at an on-site upgrader, thus reducing greenhouse gas emissions. New technologies will be evaluated and applied to improve efficiency and further reduce emissions. Energy audits and benchmarking performance measurements will drive these improvements. origin of Kearl The Kearl project is named after Kearl Lake, which is located about 70 kilometers northeast of Fort McMurray, Alberta, on the southern lease boundary of the project. Originally known as Muskeg Lake, the lake was renamed in 1950 in honor of Flight Lieutenant Eldon Eastham Kearl. Born in Cardston, Alberta, Flight Lieutenant Kearl was a pilot in the Royal Canadian Air Force during World War II. At the age of 23, his Lancaster bomber was reported missing after a night raid over Berlin on January 27, 1944. A member of his flight crew later reported that Flight Lieutenant Kearl and five other crew members had perished when their plane went down. He was awarded the Distinguished Flying Cross posthumously for service to his country.
characteristics Kearl is a heavy, high sulfur diluted bitumen that is ideal for refineries with heavy crude capabilities. Kearl has an API gravity of 22.6, and contains 3.4 wt% sulfur and 8.9 wt% Conradson carbon, making it an attractive coking crude. The following table and yields chart below show the expected properties of Kearl relative to other comparable crudes. The detailed assay can be found on the included insert and the ExxonMobil equity crude website. Whole Crude Properties Units Kearl Cold Lake WCS Maya Castilla Roncador Heavy API Gravity 22.6 21.1 21.2 21.1 18.9 18.4 Specific Gravity (60/60F) 0.918 0.927 0.927 0.927 0.941 0.944 Sulfur wt% 3.4 3.5 3.4 3.6 1.6 0.7 Acidity mg KOH/g 1.95 0.82 0.82 0.19 0.35 2.37 Pour Point deg F <(33) <(33) (20) (25) (6) (11) Nickel ppm, wt 41 55 56 58 79 14 Vanadium ppm, wt 113 156 138 305 326 24 Nitrogen ppm, wt 3212 3457 3458 4450 4210 4600 ConCarbon, (CCR) wt% 8.9 11.5 10.5 12.7 13.6 7.0 market access Kearl will be connected to the substantial North American pipeline system. Kearl diluted bitumen can be transported straight to refineries that are already configured to process heavy oil and bitumen. Additional logistics are under development that will further expand outlets to the U.S. Gulf, mid-continent, and Far East markets. TRANS MOUNTAIN Edmonton Hardisty to FAR EAST to U.S. GULF Kearl will be available to customers in the U.S. Gulf, U.S. mid-continent, and Far East KEARL Fort McMurray ra KEYSTONE XL EXPRESS S / PLATTE Gretna ENBRIDGE MAIN LINE SEAWAY Reversal KEYSTONE Flanagan ag SPEARHEAD AD Cushing Corsicana Chicago Port Arthur Freeport MUSTANG Patoka PEGASUS Sarnia LINE 9 Montreal Canadian Oil SandS distribution OptiOnS Whole crude yields Refining Properties EstimatEd delayed coking yields asphalt PERfoRmancE grade (Pg) Quality matrix WholE crude metals, PPm Roncador Heavy Roncador Heavy coking asphalt cracking The chart above shows the expected yields of Kearl with a selection of other comparable heavy crude oils. Kearl has a similar yield structure to other heavy Canadian grades such as Cold Lake and WCS. Internal studies show that the relationship between Conradson carbon and coke yield for Kearl is consistent with other heavy crudes. The chart above shows that the lower Conradson carbon content of the vac resid fraction of Kearl is expected to result in higher liquid yield and lower coke production when compared with heavy crude alternatives. The chart above shows blending Kearl with good quality asphaltic crudes, such as Cold Lake, produces paving asphalt binders that meet core North American performance grade requirements. Laboratory studies show that asphalt produced with Kearl in the crude slate is suitable for use in producing emulsions and polymer modified asphalts. Initial results indicate oxidized asphalt with Kearl shows some sensitivity in weatherometer testing. The whole crude vanadium and nickel content of Kearl is about 150 ppm. This is low relative to other heavy crude alternatives, making Kearl an attractive catalytic cracker feed. The cracker feedstock yield of Kearl is expected to be similar to other heavy crude alternatives.
environmental responsibility Kearl has selected the most energy-efficient, commercially proven and economically viable technologies available to minimize emissions and greenhouse gases. Kearl uses cogeneration for steam and electricity production, a lowenergy extraction process to recover bitumen, and heat integration between the extraction and froth treatment facilities to minimize energy consumption. Relying on these advances, Kearl production will result in about the same greenhouse gas emissions as many other oils refined in the United States. As operator, Imperial Oil understands its duty to be a good corporate citizen and knows that part of this responsibility is to do what it can now to make sure future reclamation efforts are successful. The plans for Kearl include a major commitment to progressive land reclamation, in which land used early in the project will be reclaimed as mining is expanded to new areas. The project will also rely on advanced tailings technologies to recycle process water, reduce water demand, and reduce the size and scale of tailings ponds. compensation lake a control value will be used to slowly fill the new lakes with water First nations group will help plan revegetation Compensation Lake Kearl Lake Kearl is building three compensation lakes to replace fish habitat disrupted by development. these lakes will be deep enough to allow fish to winter in them and will eventually connect to the existing Kearl lake.
contact information commercial Mike Wheeler Heavy Oil Marketing Manager on behalf of Imperial Oil Resources 403.237.3126 michael.b.wheeler@exxonmobil.com Tom Martenak International Equity Crude Sales Manager on behalf of ExxonMobil Oil Corporation 703.846.5529 thomas.j.martenak@exxonmobil.com technical Chris Wolfe Process Technology Advisor chris.j.wolfe@esso.ca logistics Dietmar Kohlmann Kearl Logistics dietmar.j.kohlmann@esso.ca WeBsite www.exxonmobil.com/crude_oil Disclaimer: The provided information, including the crude oil assays, product yields and properties, is based on analysis, estimates and predictions. No representation or warranty, expressed or implied, is made as to the accuracy or completeness of this information. Neither Imperial Oil Limited, Exxon Mobil Corporation or their affiliates or agents accept any liability for any use made of the brochure and information. This brochure does not represent an offer to sell Kearl crude oil to any recipient.
Kearl properties compared to other crude oils Key Product Properties Units Kearl Cold Lake WCS Maya Castilla Roncador Hvy Light Naphtha (60-165F) API Gravity 83.1 87.0 87.9 86.7 84.9 70.9 Heavy Naphtha (165-330F) API Gravity 56.6 56.1 58.1 58.6 59.4 50.8 Naphthenes vol% 34.7 36.2 40.1 26.2 43.5 68.5 Aromatics vol% 14.6 12.7 11.6 12.4 10.4 5.8 Kerosene (330-480F) API Gravity 40.3 37.7 37.1 44.1 39.1 37.3 Sulfur wt% 0.33 0.80 0.52 0.78 0.24 0.24 Cloud Point deg F (64) <(76) <(76) (54) (56) <(76) Smoke Point mm 21.8 20.0 21.5 24.7 18.0 19.9 Gas Oil / Diesel (480-650F) API Gravity 26.9 26.1 26.9 32.3 27.8 25.9 Sulfur wt% 1.45 1.93 1.54 2.17 0.67 0.57 Cloud Point deg F (31) (36) (38) 17 13 <(76) Cetane Index 40.2 38.1 39.3 50.1 41.2 37.2 Vacuum Gas Oil (650-1000F) API Gravity 14.1 15.1 16.2 19.6 17.9 17.6 Sulfur wt% 3.34 3.36 2.99 3.22 1.58 0.73 Acidity, TAN mg KOH/g 3.39 1.17 1.29 0.05 0.47 2.85 Nitrogen ppm-wt 1895 1778 1297 1734 1590 2719 Aniline Point deg F 131 139 151 165 149 155 Vacuum Resid (1000F+) API Gravity 4.04 0.38 3.12 0.02 (1.81) 7.76 Sulfur wt% 5.81 6.01 5.67 5.78 2.88 0.92 Conradson Carbon wt% 23.5 30.2 26.3 32.0 40.2 19.6 Nitrogen ppm-wt 6931 8237 7935 9331 11240 10801 Nickel ppm-wt 121 161 139 125 243 41 Vanadium ppm-wt 327 408 341 697 1001 69 Viscosity at 100C cst 28020 >300000 84933 >300000 >300000 11117 Disclaimer: The provided information, including the crude oil assays, product yields and properties, is based on analysis, estimates and predictions. No representation or warranty, expressed or implied, is made as to the accuracy or completeness of this information. Neither Imperial Oil Limited, Exxon Mobil Corporation or their affiliates or agents accept any liability for any use made of the brochure and information. This brochure does not represent an offer to sell Kearl crude oil to any recipient.
Kearl Detailed Assay Kearl Whole Crude Butane & Lighter Light Naphtha Heavy Naphtha Kerosene Gasoil / Diesel Vacuum Gas Oil Vacuum Resid Cuts -200 to 1499-200 to 60 60 to 165 165 to 330 330 to 480 480 to 650 650 to 1000 1000+ Cut volume, % 100 0.77 11.76 10.78 3.93 9.69 31.07 32.00 API Gravity 22.59 117.54 83.1 56.6 40.32 26.89 14.09 4.04 Specific Gravity (60/60F) 0.9183 0.5682 0.6594 0.7522 0.8235 0.8934 0.9719 1.044 Carbon, wt % 84.26 82.91 83.82 85.98 86.25 86.32 85.13 82.44 Hydrogen, wt % 12.06 17.07 16.16 13.95 13.42 12.22 11.33 11.06 Neutralization number (TAN), MG/GM 1.954 0.042 0.042 0.051 0.149 1.394 3.393 1.673 Sulfur, wt% 3.3811 0.0117 0.0177 0.0723 0.3283 1.4453 3.3449 5.8068 Mercaptan sulfur, ppm 89.5 111.9 161.9 268.2 174.1 194.5 199.2 Hydrogen Sulfide (dissolved), ppm 0 Viscosity at 20C/68F, cst 212.13 2.05 17.44 2208.47 >300000 Viscosity at 40C/104F, cst 71.91 1.46 7.9 326.26 >300000 Viscosity at 50C/122F, cst 46.39 1.27 5.79 156.07 >300000 Viscosity at 100C/212F, cst 10.01 0.73 2.02 14.49 28019.63 Viscosity at 150C/302F, cst 4.07 0.49 1.1 4.24 722.11 Cetane Index 25.9 38.4 40.2 Paraffins, vol % 20.6 100 90.6 50.7 38.7 11.9 3.1 0.1 Naphthenes, vol % 24.3 0 8.8 34.7 42.6 57.9 30.7 8.4 Aromatics, vol % 42.2 0 0.6 14.6 17.4 23.9 52.2 66.7 Heat of Combustion (Net), BTU/lb 18589 18469 Pour point, F <(33) <(71) <(71) (47) 40 145 Cloud point, F <(76) (64) (31) Freeze point, F <(112) (56.3) (25.1) Naphthalenes, vol % 0.8 2.4 Smoke point, mm 23 21.8 15.4 Aniline pt, F 135.5 136.9 130.8 Nitrogen, ppm 3212.2 0.7 101.9 1895 6931.3 CCR, wt% 8.91 0.01 0.96 23.54 N-Heptane Insolubles (C7 Asphaltenes), wt% 4 <0.1 <0.1 8.3 Nickel, ppm 40.7 <0.1 0.2 121.3 Vanadium, ppm 113.2 <0.1 0.4 326.6 Calcium, ppm 15 Reid Vapor Pressure (RVP) Whole Crude, psi 3.7 Salt content, ptb 8.9 Distillation Type D1160 D86 D86 D86 D86 D1160 D1160 ASTM IBP, F 58.1 99.0 200.5 364.0 509.8 693.1 1040.0 5 vol%, F 84.9 104.2 204.1 367.7 517.7 698.8 1045.3 10 vol%, F 119.9 107.0 205.9 368.6 524.0 714.1 1060.9 20 vol%, F 235.6 107.8 209.2 372.5 535.9 743.3 1094.1 30 vol%, F 519.1 114.8 214.0 378.9 546.0 772.7 1129.7 40 vol%, F 650.7 119.6 218.8 387.5 554.9 802.1 1168.7 50 vol%, F 774.4 120.8 225.6 396.7 561.0 831.9 1210.8 60 vol%, F 898.2 122.8 234.4 407.5 568.7 860.5 1257.3 70 vol%, F 1006.7 126.2 245.2 418.0 576.3 888.4 1303.9 80 vol%, F 1119.2 132.9 259.2 427.7 584.6 916.1 1351.6 90 vol%, F 1232.2 138.2 277.4 436.2 592.6 940.5 1397.8 95 vol%, F 1314.5 142.8 289.3 440.9 597.4 954.7 1425.7 ASTM EP, F 1411.0 147.0 304.5 444.8 601.4 971.2 1459.4