The Wood River Refinery is an oil refinery located in Roxana, Illinois, approximately 15 miles (24 km) north of St. Louis, Missouri, on the east side of the Mississippi River. The refinery is currently owned by Phillips 66 and Cenovus Energy, and operated by the joint-venture company WRB Refining, LLC (WRB). WRB was formed on 1 July 2007, with Encana taking a 49% interest in Wood River and also Phillips 66's Borger refinery. Encana subsequently spun off heavy oil producer Cenovus and ConocoPhillips spun off Phillips 66. In return for a 49% stake in the refinery, ConocoPhillips gained a joint interest in two Alberta oil sands (bitumen) heavy oil projects: Christina Lake (Alberta) and Foster Creek. Both are operated by Cenovus using SAGD (steam-assisted gravity drainage) technology.
The complex is capable of refining 360,000 barrels (57,000 m3) of crude oil per day and is the largest refinery operated by Phillips 66. Oil is supplied from the Gulf of Mexico, Canada, and domestic sources through pipelines. The facility produces 165,000 barrels per day (26,200 m3/d) of gasoline, 90,000 barrels per day (14,000 m3/d) of diesel and jet fuels, as well as other products including asphalt, propane, and chemical feedstocks.
A new four-drum coker, part of Wood River Refinery's Coker and Refinery Expansion (CORE) was completed in November 2011. The new coker has a capacity of 75,000 barrels per day and is expected to expand the capacity to handle the bitumen from the Alberta oil sands by nearly 700%. The new Wood River coker's processing capacity is approximately 200,000 - 220,000 barrels per day. The CORE project took about three years to build, with a total cost of US $3.8 billion (US $1.9 billion to Cenovus), and has increased clean product yield by 5% to approximately 85%. While the expansion was undertaken specifically to handle heavy oil imported from Alberta, the refined transportation fuels products are destined for the U.S. Midwest market, including St. Louis and Chicago not Canada.