- Cenovus Energy has shut down operations at the 135K bbl/day Foster Creek oil sands project and Canadian Natural Resources closed its 80K bbl/day Primrose project after a forest fire broke out on the Cold Lake Air Weapons Range in Alberta.
- CVE and ConocoPhillips each own 50% of Foster Creek, with CVE's share of the production representing 31% of total company-wide average oil output of 218K bbl/day; Primrose's production represents less than 10% of CNQ's total corporate output.
- More than 7% of Canada's oil sands production has been shut down by the fire, which started Friday and is considered "out of control."
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Sunday, May 24, 2015
Cenovus Energy / COP Oil Sands Project Shut Down In Canada -- Forest Fire -- May 24, 2015
Breaking news from Seeking Alpha:
And Then There Was One -- May 24, 2015
The "MillionDollarWay" may be the only blog of its kind that is still reporting daily permitting in the Bakken. I see that that the "BakkenBlog" has discontinued "detailed" weekly permitting reports. Permits between 2009 and 2014 have been archived at the site.
The plan was to have the Memorial Day cook out at 4:00 p.m. At 3:00 p.m. a huge downpour with lots of thunder and lightning. But we pressed on. We moved the grill to the covered patio -- and that's why a lot of Texans end up burning down their homes. Of course, we ate inside. Turned out excellent.
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A Note to the Granddaughters
The plan was to have the Memorial Day cook out at 4:00 p.m. At 3:00 p.m. a huge downpour with lots of thunder and lightning. But we pressed on. We moved the grill to the covered patio -- and that's why a lot of Texans end up burning down their homes. Of course, we ate inside. Turned out excellent.