Sentences with phrase «from oilsands production»

Not exact matches

CEO Rob Peabody said Husky cut back heavy oil production by about 5,000 barrels per day in the first quarter and substituted mainly blended bitumen bought from other Alberta oilsands companies to send to its U.S. refineries in Ohio and Wisconsin or to the refining complex on the U.S. Gulf Coast.

On Thursday, it announced it would reduce its production guidance for the year by about 10,000 barrels of oil equivalent per day to an average of about 315,000 boe / d, with exit production of about 335,000 boe / d, to account for lower heavy oil production, an advanced schedule for maintenance at its Tucker oilsands project and a slower ramp up in liquids - rich natural gas output from its BD Project in Indonesia.

Total upstream production came in at 689,400 barrels of oil equivalent per day in the first quarter, compared to 725,100 boe / d in the prior year quarter, as oilsands output fell to 404,800 barrels per day from 448,500 bpd.

In fact, with oil prices increasing only with inflation from $ 18 / bbl in 2000, the NEB expected total oilsands production to reach 1.6 million barrels per day by 2015.

Dina Cover of TD Bank was sure we would see an economic boom from new oilsands investment given «the notion that oilsands are a safer method of oil production (than Gulf Coast offshore).»

Cenovus reported total production of 555,000 barrels of oil equivalent per day in the fourth quarter, up from 283,000 boe / d in the same period last year, as oilsands production rose to 361,000 bpd from 164,000 bpd.

Canadian Natural production averaged a record 1.02 million barrels of oil equivalent per day in the fourth quarter, a 19 per cent increase from the year - earlier period, as it ramped up the latest expansion of its Horizon oilsands mining and upgrading project.

Add to that a substantial corporate reorganization at the top, which included both promoting some long - term Husky insiders, but also bringing on - board five new senior VPs with deep oilpatch experience (including John Myer, now Husky's senior vice-president of oilsands, from Suncor Energy, and Rob Symonds, Husky's senior vice-president of Western Canada productions, from Enerplus Resources Fund), and Ghosh was ready to focus on crafting the new Husky story.

Refiners in the U.S. Midwest, Ontario, Alberta, B. and Washington get their raw material from the Western Sedimentary Basin, production from which is growing thanks to the Alberta oilsands, the Bakken field in Saskatchewan and North Dakota and oil shales in the Rocky Mountain states.

On Thursday, it announced it would reduce its production guidance for the year by about 10,000 barrels of oil equivalent per day to about 335,000 boe / d to account for lower heavy oil production, an advanced schedule for maintenance at its Tucker oilsands project and a slower ramp up in liquids - rich natural gas output from its BD Project in Indonesia.

Experts had long predicted the economy to bounce back from the second - quarter slump, which was largely due to oil - production shutdowns linked to May's Alberta wildfires and scheduled maintenance at oilsands facilities.

The commentary, published in the British scientific journal, Nature Climate Change, estimated the impact of consuming the fuel from oilsands deposits â $» without factoring in greenhouse gas emissions associated with extraction and production â $» would be far less harmful to the planet's atmosphere than consuming all of the world's coal resources.