Wildfire caused ‘no significant damage’ to oilfield operations, Cenovus says

Business
Published 06.06.2023
Wildfire caused ‘no significant damage’ to oilfield operations, Cenovus says


Calgary-based Cenovus Energy says it has safely restarted a portion of its manufacturing that was shut down due to the specter of wildfires in northern and central Alberta.


The firm mentioned Monday it restarted roughly 62,000 barrels of oil equal per day (BOE/d) of the 85,000 BOE/d that was impacted by the wildfire danger. That manufacturing got here from its Rainbow Lake, Kaybob-Edson, Elmworth-Wapiti and Clearwater working areas.


“Assuming the current wildfire conditions continue, Rainbow Lake operations are expected to return to production within seven to 10 days, which represents approximately 20,000 BOE/d,” Cenovus wrote in a press release on Monday.


The firm says workers have been in a position to entry the affected websites and “no significant damage has been identified.”


Cenovus says it’s carefully monitoring the wildfire state of affairs and its influence on its operations. So far, neither its oilsands operations nor Lloydminster complicated have been affected.


“Cenovus is grateful for the efforts of its teams who worked tirelessly to keep the company’s people and assets safe, as well as the continued support of provincial emergency management teams and firefighters.”


The firm says it has contributed $200,000 to the Canadian Red Cross to help in aid efforts.