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OIL: Imperial Oil Well Output Rises to Record in Alberta in Nov

OIL

Imperial Oil’s crude production from Alberta wells rose to 163.7k b/d in November, Alberta’s Energy Regulator said, cited by Bloomberg.

  • Imperial’s Alberta oil output rose to the highest in data stretching back to Jan. 2018.
  • In comparison, output was 160.6k b/d in October.
  • Production increased as the Nabiye unit of Cold Lake oil sands well site ramped up to a record 41.7k b/d.
  • Cenovus’ output rose to the highest since Jan. 2022 as Foster Creek output increases.

 

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Imperial Oil’s crude production from Alberta wells rose to 163.7k b/d in November, Alberta’s Energy Regulator said, cited by Bloomberg.

  • Imperial’s Alberta oil output rose to the highest in data stretching back to Jan. 2018.
  • In comparison, output was 160.6k b/d in October.
  • Production increased as the Nabiye unit of Cold Lake oil sands well site ramped up to a record 41.7k b/d.
  • Cenovus’ output rose to the highest since Jan. 2022 as Foster Creek output increases.

 

Keep reading...Show less