Smoke rises from a wildfire east of Slave Lake, Alberta May 25
Alberta Fire Threat Grows as It Moves Near Oil Sites
by Robert Tuttle Bloomberg Business May 27, 2015
Northern Alberta firefighters are battling a wildfire that has moved
within 5 kilometers of Canadian Natural Resources Ltd.’s oil sands
operations.
The Cold Lake Air Weapons Range blaze is spreading in the direction of oil and natural gas operations and threatens plants run by Canadian Natural and Cenovus Energy Inc., Scott Long, an executive director at the Alberta Emergency Management Agency, said in a news conference Wednesday. Firefighters put in containment and protection guards to keep it from getting closer, he said.
Wildfires have prompted the shutdown of 230,000 barrels a day of oil-sands output, about 10 percent of Canada’s production. Heavy Western Canadian Select crude’s discount to U.S. benchmark West Texas Intermediate narrowed for a second day, shrinking 75 cents to $8.75 a barrel on Wednesday, data compiled by Bloomberg show.
Cenovus shut its 135,000-barrel-a-day Foster Creek operations, located near Cold Lake, on Saturday. Canadian Natural’s 80,000 barrel a day Primrose facility remained down Wednesday after shutting over the weekend, spokeswoman Julie Woo said in an e-mail. Production from the company’s Kirby South operations was reduced by 18,000 barrels a day.
The Cold Lake fire that started Saturday expanded to cover 17,500 hectares (43,000 acres), Alberta’s Environment and Sustainable Resource Development agency said on its website. Another fire near the town of Chard grew to 1,400 hectares and burned in an area with “numerous pipelines and well sites.”.... more here
The Cold Lake Air Weapons Range blaze is spreading in the direction of oil and natural gas operations and threatens plants run by Canadian Natural and Cenovus Energy Inc., Scott Long, an executive director at the Alberta Emergency Management Agency, said in a news conference Wednesday. Firefighters put in containment and protection guards to keep it from getting closer, he said.
Wildfires have prompted the shutdown of 230,000 barrels a day of oil-sands output, about 10 percent of Canada’s production. Heavy Western Canadian Select crude’s discount to U.S. benchmark West Texas Intermediate narrowed for a second day, shrinking 75 cents to $8.75 a barrel on Wednesday, data compiled by Bloomberg show.
Cenovus shut its 135,000-barrel-a-day Foster Creek operations, located near Cold Lake, on Saturday. Canadian Natural’s 80,000 barrel a day Primrose facility remained down Wednesday after shutting over the weekend, spokeswoman Julie Woo said in an e-mail. Production from the company’s Kirby South operations was reduced by 18,000 barrels a day.
The Cold Lake fire that started Saturday expanded to cover 17,500 hectares (43,000 acres), Alberta’s Environment and Sustainable Resource Development agency said on its website. Another fire near the town of Chard grew to 1,400 hectares and burned in an area with “numerous pipelines and well sites.”.... more here
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