I just noticed that 125 m is the distance between producing wells and not the distance between the air injection well and the producing well. From the picture, it looks like the distance is around 500 m. At 10 inches a day, it gives a lifespan of 5.4 years, is that correct?

What is important is the productive lifespan and expected flow rate of a nominal well pair.

From the picture, it looks like the distance is around 500 m. At 10 inches a day, it gives a lifespan of 5.4 years, is that correct?

Correct. So:
5.4 times 365 times 630 bpd of upgraded bitumen (which is the design, actual flow rates have been considerably higher) equals 1.24 million barrels of upgraded bitumen per lifetime of well.

Don