<h1>Cold Lake Area – Scheme 10103Z Oil Sands Oil Project,Alberta,Canada</h1>

<p>Cold Lake Area – Scheme 10103Z is an operating onshore in‑situ oil sands project in Alberta,Canada. The project is classified as unconventional oil development and uses steam‑assisted gravity drainage (SAGD). It is located in the Cold Lake oil sands region. The project is associated with approval number 10103,which corresponds to the Orion SAGD project. Osum Production was the operator listed for the scheme; after the 2021 amalgamation of Osum Oil Sands Corp. into Strathcona Resources Ltd.,the Orion asset is now operated by Strathcona Resources. The recovery method is in‑situ,not mining,with a central processing facility and multiple well pads.</p>

<h2>Quick Facts</h2>

<table>
<colgroup><col/><col/></colgroup>
<tbody>
<tr><th>Item</th><th>Details</th></tr>
<tr><td>Project Name</td><td>Cold Lake Area – Scheme 10103Z Oil Sands Oil Project</td></tr>
<tr><td>Country</td><td>Canada</td></tr>
<tr><td>Subnational Unit</td><td>Alberta</td></tr>
<tr><td>Fuel Type</td><td>Oil</td></tr>
<tr><td>Production Type</td><td>Unconventional</td></tr>
<tr><td>Status</td><td>Operating</td></tr>
<tr><td>Status Year</td><td>2020</td></tr>
<tr><td>Operator</td><td>Osum Production</td></tr>
<tr><td>Onshore/Offshore</td><td>Onshore</td></tr>
</tbody>
</table>

<h2>Location</h2>

<p>The project is onshore in Alberta,Canada,approximately 30 km north‑west of Cold Lake (latitude 54.534,longitude -110.394). It lies in the Cold Lake oil sands region,one of Alberta’s major bitumen‑producing areas. Resources there are recovered using in‑situ thermal methods because the bitumen‑bearing formations are too deep for open‑pit mining. The specific regulatory identifier is scheme/approval number 10103 from the Alberta Energy Regulator (AER).</p>

<h2>Ownership and Operator</h2>

<p>Project‑level data lists Osum Production as the operator. In 2014,Osum Oil Sands Corp. acquired the Orion project from Shell for C$325 million. In June 2021,Waterous Energy Fund announced the amalgamation of Strathcona Resources Ltd. and Osum Oil Sands Corp.; the combined entity continued as Strathcona Resources Ltd. Strathcona’s Cold Lake operations include Lindbergh,Orion,and Tucker thermal oil assets. Current regulatory filings now identify Orion under Strathcona Resources. A complete working‑interest breakdown for Scheme 10103Z is not confirmed in public sources.</p>

<h2>Development History</h2>

<table>
<colgroup><col/><col/><col/></colgroup>
<tbody>
<tr><th>Milestone</th><th>Year</th><th>Details</th></tr>
<tr><td>Development Milestone</td><td>2007</td><td>Reuters reported that Orion had been producing bitumen since 2007 using steam‑assisted extraction.</td></tr>
<tr><td>Production Milestone</td><td>2020</td><td>Global Energy Monitor reports oil production of 7.01 million barrels per year for Scheme 10103Z.</td></tr>
<tr><td>Recent Status Milestone</td><td>2024</td><td>AER in‑situ performance materials continue to list Orion under approval number 10103.</td></tr>
</tbody>
</table>

<p>The Orion project had been producing since 2007. Osum acquired it from Shell in 2014; at that time average production was 6,700 bpd from 22 well pairs. The project was described as economically viable for more than 25 years. The 2021 amalgamation placed the asset under Strathcona Resources.</p>

<h2>Infrastructure and Facilities</h2>

<p>AER materials describe Orion as an in‑situ SAGD project with a central processing facility and five well pads. The project location is 13‑16‑064‑03 W4M. SAGD uses paired horizontal wells: steam is injected into the upper well,heated bitumen and condensed water drain to the lower well and are produced to surface. The central processing facility handles fluid separation,water treatment,steam generation,and utilities. Well counts are not current in public sources beyond the 2014 figure of 22 well pairs. The project is onshore; no FPSOs,offshore platforms,or LNG trains are involved.</p>

<h2>Production and Reserves</h2>

<p>Global Energy Monitor reports production of 7.01 million barrels of oil in 2020 for Scheme 10103Z. In the first quarter of 2014,Orion averaged 6,700 bpd. Current project‑level reserve figures are not publicly available. The AER’s in‑situ performance reports provide the most authoritative data on production trends,water use,and steam‑oil ratios for this SAGD asset.</p>

<h2>Recent Developments</h2>

<p>A 2024 AER performance report for Orion lists the project under Strathcona Resources. Strathcona describes its Cold Lake operations as including thermal oil producing assets at Lindbergh,Orion,and Tucker. No public source indicates that Scheme 10103Z has been decommissioned or mothballed. The project remains part of the operating Orion SAGD asset in the Cold Lake region.</p>

<h2>Sources</h2>

<ul>
<li><a href="https://www.gem.wiki/Cold_Lake_Area_-_Scheme_10103Z_Oil_Sands_Oil_Project_(Alberta,_Canada)" rel="nofollow noopener" target="_blank">Global Energy Monitor,Cold Lake Area – Scheme 10103Z Oil Sands Oil Project</a></li>
<li><a href="https://www.aer.ca/data-and-performance-reports/activity-and-data/in-situ-performance-presentations" rel="nofollow noopener" target="_blank">Alberta Energy Regulator,In Situ Performance Presentations</a></li>
<li><a href="https://static.aer.ca/prd/documents/oilsands/insitu-presentations/2022-cold-lake-strathcona-orion-10103.pdf" rel="nofollow noopener" target="_blank">Alberta Energy Regulator,Orion Project 2020 Annual Performance Report</a></li>
<li><a href="https://www.aer.ca/prd/documents/oilsands/insitu-presentations/2025-strathcona-orion-10103.pdf" rel="nofollow noopener" target="_blank">Alberta Energy Regulator,Orion Project 2024 Annual Performance Report</a></li>
<li><a href="https://www.reuters.com/article/business/osum-oil-sands-corp-to-buy-shells-orion-project-for-c325-mln-idUSL2N0OR284/" rel="nofollow noopener" target="_blank">Reuters,Osum Oil Sands Corp. to buy Shell’s Orion project</a></li>
<li><a href="https://www.strathconaresources.com/waterous-energy-fund-announces-the-amalgamation-of-strathcona-resources-ltd-and-osum-oil-sands-corp-and-the-closing-of-a-new-c1-0-billion-covenant-based-credit-facility/" rel="nofollow noopener" target="_blank">Strathcona Resources,Waterous Energy Fund announces Strathcona‑Osum amalgamation</a></li>
<li><a href="https://www.strathconaresources.com/operations/" rel="nofollow noopener" target="_blank">Strathcona Resources,Operations</a></li>
<li><a href="https://history.alberta.ca/energyheritage/sands/underground-developments/in-situ-development/cold-lake.aspx" rel="nofollow noopener" target="_blank">Alberta’s Energy Heritage,Cold Lake oil sands</a></li>
<li><a href="https://franco-nevada.relayto.com/e/2025-asset-handbook-nyd5iht8tb8dh/W0ukWK85109" rel="nofollow noopener" target="_blank">Franco‑Nevada,2025 Asset Handbook,Orion</a></li>
</ul>

IEPTC reference profile for Cold Lake Area - Scheme 10103Z Oil Sands Oil Project,Alberta in Canada,covering asset type,location,development status,and upstream industry context.

Cold Lake Area - Scheme 10103Z Oil Sands Oil Project,Alberta,Canada

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Cold Lake Area - Scheme 10103Z Oil Sands Oil Project,Alberta,Canada

Cold Lake Area - Scheme 10103Z Oil Sands Oil Project,Alberta,Canada

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