Cenovus Energy Inc. on May 4 began shutting in some of its conventional production operations and processing plants in Canada due to ongoing wildfire activity in northern Alberta.
Approximately 85,000 boe/d of production, primarily dry gas, has been impacted in the company’s Rainbow Lake, Kaybob-Edson, Elmworth-Wapiti, and Clearwater operating areas, the company said in a release May 8.
The wildfire situation is being monitored and the company’s other assets, including its oil sands assets and Lloydminster complex, have not been impacted, Cenovus said, adding that it isn’t aware of any significant damage to date and will resume operations as soon as it’s safe and permitted to do so.
The company is currently maintaining its annual guidance range for 2023 of 790,000-810,000 boe/d, but will continue to assess the duration of the production impact from the fires.
