WEEKLY PUBLICATIONS
The Oil Sands Weekly
Energy Market Review
US Inventory Report


WEEKLY NEWSLETTER
Sign-up for the latest oil sands news, site updates and what's moving energy markets, delivered to your inbox every week-end:

WE RESPECT YOUR PRIVACY
Opt out anytime by clicking "UNSUBSCRIBE" at the bottom of the newsletter.
Pengrowth completes first turnaround at Lindbergh and makes progress on expansion

Pengrowth completes first turnaround at Lindbergh and makes progress on expansion

MAP COURTESY PENGROWTH

Pengrowth Energy says its Lindbergh thermal in-situ facility suffered "significant production downtime" in the third quarter, blamed on its first-ever major maintenance turnaround of the plant's central processing facility.

The SAGD facility averaged 12,086 bbl/day in Q3 at an average steam-to-oil ratio (SOR) of 2.9. Production has since stabilized at about 14,500 bbl/day at an average SOR of 2.6.

Pengrowth says it plans to drill three additional well pairs in the fourth quarter, which will bring new production online next year. Once the new wells are fully operational, total production is expected to rise to 17,000 bbl/day. 

The company also says engineering and design work relating to the second expansion phase at Lindbergh will be 70% complete by year end. Phase 2 has an estimated price tag of $600 million for an additional 20,000 bbl/day of production capacity.

Breakeven prices at Lindbergh are reported to be about US$46 per barrel.

Kinder Morgan hopes for conflict resolution in days, not months

Kinder Morgan hopes for conflict resolution in days, not months

BlackPearl enters the home stretch at Onion Lake Phase 2

BlackPearl enters the home stretch at Onion Lake Phase 2

0