Jackfish 1 returns to normal after extended maintenance shutdown

Jackfish 1 returns to normal after extended maintenance shutdown

Devon Energy says it has completed all its maintenance work at Jackfish 1, and full production has now been restored.

Second quarter production was dented by about 15,000 bbl/day due a maintenance turnaround, during which additional work was identified, extending the shutdown well into July. Jackfish 1 ramped back up to normal rates in the third quarter. Production at Jackfish 2 and 3 was not impacted.

The three SAGD facilities averaged just under 100,000 bbl/day of heavy oil in the second quarter. The company says the facility should reach peak output sometime in Q4.

Devon's Canadian operations, including Lloydminster and adjusted for royalties, is expected to top 120,000 boe/day by the end of 2018.

The company is set to release its third quarter earnings on November 7.

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