How Canada’s Wildfires are Affecting Oil Supply

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Wildfires burning in Canada’s oil-producing province of Alberta have reduced the country’s daily crude production by about 7%. Here is a tally of affected oil production sites so far:

CENOVUS ENERGY – CHRISTINA LAKE SITE:

Oil sands producer Cenovus evacuated non-essential workers from its Christina Lake site south of Fort McMurray, Alberta on May 29 and began shutting in approximately 238,000 barrels per day of production. The company said it is not aware of any damage to its infrastructure and expects a full restart of the site in the near term.

CANADIAN NATURAL RESOURCES – JACKFISH LAKE:

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Canada’s largest oil and gas producer said on May 31 it had evacuated workers from its Jackfish 1 thermal in situ operations south of Fort McMurray, Alberta and completed the safe, temporary shut-in of approximately 36,500 bpd of bitumen production.

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MEG ENERGY – CHRISTINA LAKE REGIONAL PROJECT:

Oil sands company MEG said on May 31 it had evacuated non-essential personnel from its Christina Lake regional project site south of Fort McMurray. The company said the wildfire damaged a power line connecting the project to Alberta’s electricity grid, which was delaying the planned startup of MEG’s phase 2B operations. They represent approximately 70,000 bpd of production.

(Reporting by Amanda Stephenson in Calgary)