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By the time a steam assisted gravity drainage (SAGD) well reaches the blowdown stage, its life is effectively over. But shed no tears, it’s been a good life, and there may be a few more years of production left.
Oilsands industry expansion exists in lockstep with demand for condensate, and even though emerging natural gas plays in western Canada look promising for liquids production, the diluent game promises to remain based on imports as bitumen production grows.
A tsunami of natural gas liquids (NGLs) is flowing into the North American energy market, as producers increasingly shun dry gas for liquids-rich natural gas.
Hawaiian Electric’s board of directors has approved a LNG supply agreement with FortisBC, which still needs to be finalized pending approvals from regulators in British Columbia and Hawaii.
The B.C. Oil and Gas Commission has expanded the suspension of short-term water withdrawals by the oil and gas industry.
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This Month in Oilpatch History
Reflecting the 6,000 bbls per day increase in Turner Valley allowable production which went into effect on July 1st, and the increase of…
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