Cenovus's Diversified & Resilient Business Model
CONTINUING OUR INNOVATIVE CULTURE
Improved reliability and cost avoidance
•
Investing in digital technology with tangible benefits.
•
Developed in-house core competencies.
Generating hundreds of millions of annual run-rate improvement in cost efficiencies.
•
Enables low sustaining capital costs.
•
Primary examples:
Steam injection optimization.
Electric Submersible Pump (ESP) - Run-time optimization.
A history of delivering innovative benefits
Steam
Injection
Optimization
ESP Ride-
through
Butane-
Blending
Liner analysis
Emulsion
optimization
2017
2024
Advanced
Process
Controls
Process
Heat
Data Integration
Management
Advanced
pigging
analysis
Downhole
temperature
sensing
Coalescence
prediction
Note: See Advisory.
cenovus
ENERGY
Value-driven
optimization and execution
المال
Infrastructure
and Tools
Data
Management
Analytics and
End Solutions
Staff
and Skills
Adding over
$350 million
annual run-rate benefit since 2017
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