Oilpatch restarts production that was shut in due to Alberta wildfires
Crescent Point Energy Corp. said Monday it has resumed production at its operations that were shut in due to the Alberta wildfires.
The Calgary-based company was one of a number of oil and gas producers that was forced to temporarily halt output in the Kaybob Duvernay region earlier this month as wildfires blazed in central and northern Alberta.
At one point, analysts estimated that more than 200,000 barrels of oil equivalent per day of production was shut in across Alberta.
But as the situation improves, some companies have been able to resume operations. Crescent Point said that over the past week it has brought back on stream the full 45,000 barrels of oil equivalent per day (boe/d) of Kaybob Duvernay production that had been put on hold.
It says no damage has occurred to the company's assets.
On Monday, Paramount Resources Ltd. also said it has restored the majority of production that it had temporarily curtailed. Paramount said it has fully resumed operations in the Grande Prairie Region, and all but 5,000 of the 14,000 boe/d still shut in the Kaybob region is expected to be producing again within a week.
Alberta remains in a state of emergency, with the fire danger considered to be very high in the northern regions of the province and moderate to high in the central and southern regions.
There are currently 50 active wildfires burning in the province, with 14 out of control.
This report by The Canadian Press was first published May 29, 2023.
CTVNews.ca Top Stories
China sends 125 military aircraft in exercises aimed at Taiwan in single-day record, Taiwan says
China employed 125 military aircraft in exercises aimed at Taiwan on Monday, a record for a single day, Taiwan's Ministry of National Defence said.
Canadian comedian, talk show host Mike Bullard dead at 67
Canadian stand-up comedian and former talk show host Mike Bullard has died.
Canadian drink company tastes controversy after Simu Liu raises cultural appropriation questions
Controversy bubbled for a Canadian drink company after its founders drew the ire of a Marvel superhero on an episode of a “Shark Tank”-style reality series.
Only roughly 1 in 5 childless adults say they'll have children, survey finds
New data from the Angus Reid Institute shows that only one in five childless adults 50 or younger are confident they will have children.
3 in 4 Canadians show support for defence spending on new submarines, Nanos survey shows
Three in four Canadians support defence spending on new submarines, according to a new survey from Nanos Research and CTV News.
Distracted driving deaths up 40 per cent in Ontario compared to last year
The Ontario Provincial Police says the number of fatal collisions caused by distracted driving on the roads it patrols has increased by 40 per cent compared to this time last year.
Thousands of miles from home, Trudeau learns of dissension in his caucus
The free trade agreement with ASEAN is expected to be signed at the end of 2025. If Trudeau is pressured to step down, or if his government falls and loses the next election, Trudeau will not, as prime minister, be there to see the fruits of his labour.
A record-setting teen climber returns home to Nepal to a hero's welcome
A Sherpa teenager who became the youngest person to scale all the world’s 14 highest peaks returned home to Nepal on Monday to a hero's welcome.
Nobel economics prize awarded for research into why countries succeed or fail
The Nobel memorial prize in economics was awarded Monday to Daron Acemoglu, Simon Johnson and James A. Robinson for research into reasons why some countries succeed and others fail.