Some Canadian oil and gas producers re-curtail output as wildfires persist

Alberta drilling rig Some oil and gas companies in Canada’s main crude-producing province Alberta were forced to re-curtail output as record-high temperatures and tinder-dry vegetation led to an intense, early start to wildfire season in western Canada this year. At one point the fires pushed more than 30,000 people out of their homes while oil and gas producers shut in at least 319,000 barrels of oil equivalent per day (boepd), or 3.7% of national production. Following are the latest from Canadian energy companies: Whitecap Resources Inc The company said about 26,000 boepd is shut-in, and over the last two weeks it has fluctuated between 12,000 boepd and 40,000 boepd shut-in at any given time. Pipestone Energy Corp The Calgary-based energy company said that about 20,000 boepd of production has been temporarily curtailed since the evening of May 12. Razor Energy Corp The company said that it has shut its operated and non-operated production of about 2,500 boepd in Kaybob and Swan Hills areas. Crescent Point Energy Corp The company said it has shut-in its Kaybob Duvernay production due to the ongoing wildfires. A portion of this production was reactivated last week, however, Crescent Point is temporarily shutting back-in the […]

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