Devon restores full-scale operations at Jackfish 1 complex

Devon Energy Corp., Oklahoma City, completed additional facilities work at its Jackfish 1 heavy oil project in the southern Athabasca oil sands region of Alberta, and full-scale operations have been restored. The work was related to minor facility repairs identified during turnaround startup activities.
Oct. 16, 2018

Devon Energy Corp., Oklahoma City, completed additional facilities work at its Jackfish 1 heavy oil project in the southern Athabasca oil sands region of Alberta, and full-scale operations have been restored. The work was related to minor facility repairs identified during turnaround startup activities.

Third-quarter net production in Canada is estimated to be 104,000 boe/d because of the maintenance at Jackfish 1. The temporary curtailment of Jackfish volumes represents less than 1% of total expected company-wide production for the year. Production at the Jackfish 2 and Jackfish 3 projects were at nameplate capacity for the entire third quarter.

Devon expects fourth-quarter net production in Canada, after the impact of higher sliding-scale royalties, to increase to an average of 115,000-120,000 boe/d.

The company estimates third-quarter net production in the US will be 418,000 boe/d. During the quarter, the company sold minor, noncore assets with an associated production impact of 2,000 boe/d. In the quarter, the company’s upstream capital spending was $523 million, 9% below the company’s midpoint guidance.

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