Pieridae Energy Ltd., Calgary, has shut in production in certain areas of British Columbia and Alberta, attributing the decisions to wildfires and uneconomic market conditions.
The operator has shut-in about 750 boe/d of production from Ekwan field in northeast British Columbia due to wildfires burning in the Fort Nelson and Sierra areas. All personnel have been safely evacuated, the company said in an update May 17.
Pieridae’s Ekwan gas production flows to a third-party processing plant which was also recently shut-in and evacuated by the operator. Ekwan production will remain shut-in until it is safe to restart, and necessary third-party infrastructure is returned to service, the company said, noting it was not aware of any damage to its infrastructure or equipment at this time.
Additionally, in response to current and forecasted summer AECO natural gas prices, the company is making arrangements to temporarily shut-in uneconomic sour gas production in its northern Alberta areas of Findley, Lynx, and Palliser, prior to the end of May. The areas currently produce about 1,000 boe/d of dry natural gas and will be reactivated once natural gas economics improve, the company said.
