• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 20th, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
Smoke rises from the Stoddart Creek wildfire near Fort St. John, British Columbia, Canada May 13, 2023.  B.C. Wildfire Service/Handout via REUTERS
Smoke rises from the Stoddart Creek wildfire near Fort St. John, British Columbia, Canada May 13, 2023. B.C. Wildfire Service/Handout via REUTERS
Smoke is seen in downtown Calgary, Alberta, Canada, May 16.  REUTERS/Leah Hennel
Smoke is seen in downtown Calgary, Alberta, Canada, May 16.  REUTERS/Leah Hennel
Smoke rises from the Paskwa Wildfire (HLW030) as it burns near the Wood Buffalo National Park boundary outside Fox Lake, Alberta, Canada, May 14. Alberta Wildfire via REUTERS
Smoke rises from the Paskwa Wildfire (HLW030) as it burns near the Wood Buffalo National Park boundary outside Fox Lake, Alberta, Canada, May 14. Alberta Wildfire via REUTERS
Smoke rises from a wildfire in Valleyview, Alberta, Canada May 6, 2023 in this screen grab obtained from a social media video. TJ Kennedy/via REUTERS
Smoke rises from a wildfire in Valleyview, Alberta, Canada May 6, 2023 in this screen grab obtained from a social media video. TJ Kennedy/via REUTERS
Home
Business
Energy

Some Canadian oil and gas producers re-curtail output as wildfires persist

May 8th, 2023 | 11:31 AM BUSINESS Energy 4

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

EU not concerned about gas supply or storage filling, Commission says
Saudi Aramco sells at least 4 million barrels of crude loading outside Hormuz to China, sources say
Venezuela 'back on agenda' for oil equipment supplier SBO, CEO says
Indian Oil close to signing LPG import deal with Algeria's Sonatrach for 2027; sources say
By Reuters

Some oil and gas companies in Canada's main crude-producing province Alberta were forced to re-curtail output as tinder-dry weather and shifting winds on Tuesday elevated the risk of spreading wildfires in the Canadian oil-producing province.

At one point the fires pushed more than 30,000 people out of their homes while oil and gas producers shut in at least 319,000 barrels of oil equivalent per day (boepd), or 3.7% of national production.

Following are the latest from Canadian energy companies:

** Pipestone Energy Corp (PIPE.TO)

The Calgary-based energy company said that about 20,000 boepd of production has been temporarily curtailed since the evening of May 12.

** Razor Energy Corp (RZE.V)

The company said that it has shut its operated and non-operated production of about 2,500 boepd in Kaybob and Swan Hills areas.

** Crescent Point Energy Corp (CPG.TO)

The company said it has shut-in its Kaybob Duvernay production due to the ongoing wildfires.

A portion of this production was reactivated last week, however, Crescent Point is temporarily shutting back-in the remainder of its 45,000 boepd of production in the area as a precautionary measure.

** Baytex Energy Corp (BTE.TO)

Baytex said ongoing wildfires are impacting its operations in the Peace River and Peavine regions of northwest Alberta.

About 20,000 boepd of production has been shut-in since the morning of May 13. In addition, in west-central Alberta, approximately 4,000 boepd remains shut-in since the evening of May 5 as a result of the shut-in of third-party infrastructure.

** Obsidian Energy Ltd (OBE.TO)

Obsidian said it took the Peace River area fields at Seal, Walrus and Nampa offline on May 12 and shut-in the Peace River Harmon Valley South field on May 14.

The Harmon Valley South field was being restarted. The company added that about 1,200 boepd of production in Peace River would remain temporarily curtailed until the remaining wildfire threat had subsided.

** Athabasca Oil Corp (ATH.TO)

The company said it had shut-in two of its facilities at Kaybob and added it estimated about 2,300 boepd of temporary production downtime.

** Cenovus Energy Inc (CVE.TO)

Cenovus said about 85,000 boepd of production, primarily dry gas, had been impacted in the company's Rainbow Lake, Kaybob-Edson, Elmworth-Wapiti and Clearwater operating areas.

** Paramount Resources Ltd (POU.TO)

Paramount said a third-party gas processing plant and some Paramount fields were shut due to the fires, and it had curtailed 45,000 boepd.

** NuVista Energy Ltd (NVA.TO)

The company said it had temporarily shut in and depressured all operations proximal to the ongoing fires in the Grande Prairie region. The temporary production impact is about 40,000 boepd.

** Vermilion Energy Inc (VET.TO)

Vermilion said it had restored about 60% of the 30,000 boepd of production that was temporarily shut-in.

As a result of production being offline, the Canadian energy producer expects second-quarter production to average 80,000 boepd to 83,000 boepd, compared with a previous forecast of 84,000 boepd to 86,000 boepd.

** Peyto Exploration & Development Corp (PEY.TO)

The oil and gas producer said its second-quarter production would see a reduction between 1,000 boepd and 2,000 boepd.

It had earlier shut down two plants in the Brazeau area as a precautionary measure, but major infrastructure was not damaged by the wildfire.

** Tourmaline Oil Corp (TOU.TO)

The company said seven of its nine facilities, which were shut-in due to the wildfires, had started operation. The net production shut-in from these two facilities is about 16,000 boepd.

** Kiwetinohk Energy Corp (KEC.TO)

The company said about two-thirds of Kiwetinohk's Placid production had been restored and about 18,000-20,000 boepd of Kiwetinohk's total production was currently impacted.

** Whitecap Resources Inc (WCP.TO)

The company said there was no significant damage to its infrastructure, however, the production had been impacted by downstream third-party interruptions and proactive shut-in of production in close proximity to the wildfires.

** Pembina Pipeline Corp (PPL.TO)

The Canadian energy transportation company said that all of its facilities which had shut down had resumed operations and the company hadn't seen any damages.

Its Saturn I and II gas plants with a combined processing capacity of 443 million cubic feet per day were shut down.

** TC Energy Corp (TRP.TO)

The company said it had restarted all compressor units that were shut down due to wildfire precautions.

  • Topic
  • Canada
  • WEATHER/ (FACTBOX)
Facebook Twitter Google+ LinkedIn Pinterest
Previous article EU not concerned about gas supply or storage filling, Commission says

Related Posts

Energy
August 20th, 2026

EU not concerned about gas supply or storage filling, Commission says

Energy
August 20th, 2026

Saudi Aramco sells at least 4 million barrels of crude loading outside H...

Energy
August 20th, 2026

Venezuela 'back on agenda' for oil equipment supplier SBO, CEO says

Energy
August 20th, 2026

Indian Oil close to signing LPG import deal with Algeria's Sonatrach for...

Energy
August 20th, 2026

Ukraine hits Russia's TANECO oil refinery, oil terminal, military says

Energy
August 20th, 2026

Frustrated Moscow drivers face long queues to refill as fuel shortages r...

The Wire
Aug 20th 2 h ago
Business

AI productivity gains may not curb inflation, IMF's Tenreyr...

Aug 20th 2 h ago
Aerospace & Defense

Latvia says drone in its airspace on August 14 was Ukrainia...

Aug 20th 2 h ago
India

Indian central bank deputy urges banks to improve retail fo...

Aug 20th 2 h ago
Baseball

Guardians chase elusive home series win in matchup vs. Gian...

Aug 20th 2 h ago
Americas

Brazil to keep fiscal framework, spending restraint under n...

TRENDING ON FINANCETIME
Aug 20th, 2026 Asia Pacific

Bangladesh elects ruling party veteran Alamgir as president

Aug 20th, 2026 Africa

AFRICA-FX-Ghana's currency back under pressure, Uganda's on front foot

Aug 20th, 2026 Soccer

How would a vote of no confidence work to oust FIFA president Infantino?

Aug 20th, 2026 Europe

Romania destroys marine drone near Neptun Deep gas project, minister says

Aug 20th, 2026 Baseball

Sal Stewart, Reds strive for edge in finale of 5-game series vs. Cards

Markets-Sectors
TELECOMMUNICATIONS SERVICES +0.03%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT