(Add Shell restarting Albian oil sands project, Imperial Oil shutting down Kearl project)

By Rod Nickel

FORT MCMURRAY, Alberta, May 9 (Reuters) - Canadian officials who got their first glimpse on Monday of the oil sands boomtown of Fort McMurray since a wildfire erupted said they were encouraged by how much of it escaped destruction, estimating almost 90 percent of its buildings were saved.

But a tour of the fire-ravaged city also revealed scenes of utter devastation, with blocks of homes reduced to blackened foundations, front steps and metal barbecues.

Alberta Premier Rachel Notley said 2,400 structures had burned within the city while almost 25,000 were saved.

The fire that has ravaged some 204,000 hectares (504,000 acres) of the western Canadian province moved far enough from the evacuated town of 88,000 people to allow an official delegation led by the Notley to visit.

"We were really encouraged today to see the extent of residential communities that were saved," Notley said. "That of course doesn't mean there aren't going to be some really heartbreaking images for some people to see when they come back."

Reporters on the tour viewed the charred rubble of the community's Beacon Hill neighborhood, where some 80 percent of the homes had been burned to the ground and the wreckage of blackened and melted cars remained on roads.

Notley said it was not safe for residents to enter the city unescorted, with parts still smoldering and large areas without power, water and gas. She said repair crews will have weeks of work ahead of them.

Fire Chief Darby Allen told reporters that 85 percent of the buildings in Fort McMurray had survived the blaze, offering a slightly lower estimate than Notley. All schools except one that had been under construction were intact. Notley credited the efforts of firefighters who battled the out-of-control blaze for days.

The assessment by officials came a few hours after insurance experts revised sharply downward their estimates of the cost of damage from the blaze, which began on May 1.

Canada's largest property and casualty insurer Intact Financial Corp expects to suffer losses ranging from C$130 million to C$160 million ($100 million-$123 million) from the wildfire. Intact used satellite imagery and geocoding technology to see if buildings were a total loss or partially destroyed.

Analysts said Intact's forecast implied overall industry losses of between C$1 billion C$1.1 billion, much less than one earlier forecast of C$9 billion.

Prime Minister Justin Trudeau vowed a multi-year commitment by the national government to rebuild Fort McMurray but gave no details.