Tuesday, November 19, 2024

Husky Energy Begins Production at 10 MBOPD Thermal Project

Husky currently has 44 MBOPD of thermal projections operating Calgary based Husky Energy (ticker: HSE) announced today that production has started up at the company’s latest thermal project in Saskatchewan. First oil at the Rush Lake heavy oil thermal project was achieved eight weeks ago. The project is expected to produce 10 MBOPD by the end of the year, according

$10.5 Billion Raised by Canadian Oil and Gas Companies so Far in 2015

Debt and equity raises rebound following the end of 2014 Publicly-listed Canadian oil and gas companies raised $10.5 billion in debt and equity raises in the first half of 2015, nearly in-line with the previous year before oil prices tumbled, reports The Financial Post. The money raised by Canadian companies represented a 28% increase from the second half of 2014

Canada

Husky Energy Ramps Up Production in Alberta

Sunrise Energy Project Production Update Husky Energy (HSE.TO) is continuing to ramp up production at the Sunrise Energy Project in northeast Alberta. Sunrise began producing bitumen in mid-March 2015. Twenty-five well pairs are now on production, with steaming under way on 43 of 55 well pairs. Strong reservoir and facility performance has contributed to increasing production volumes averaging 5,000-5,500 barrels

Husky Energy’s Thermal Program on the Upswing

Enhanced oil recovery (EOR) is being mentioned with more and more emphasis in the margin-tightened oil price environment, and Husky Energy (ticker: HSE) is employing methods to generate more from its oil sands projects in western Canada. The Calgary-based company placed online its Rush Lake thermal project this week – nearly two months ahead of schedule. The use of thermal

Husky Energy Begins Steam Operations at Rush Lake

Husky Energy Begins Steam Operations at Rush Lake Husky Energy (HSE.TO) has started commercial steam operations at the 10,000 barrels per day (bbls/day) Rush Lake heavy oil thermal project in Saskatchewan, approximately eight weeks ahead of schedule. Like the Company’s other thermal projects, Rush Lake is expected to ramp up to full production in a short time period. “Rush Lake

global petroleum consultancy Netherland, Sewell & Associates (NSAI) hosts a series of oil and gas property evaluation seminars. Oil & Gas 360

Husky Energy Announces Q1 Dividend

Husky Energy Announces 2015 First Quarter Dividend The Board of Directors of Husky Energy (TSX: HSE) has declared a quarterly dividend of $0.30 (Canadian) per share on its common shares for the three-month period ended March 31, 2015. The dividend will be payable on July 2, 2015 to shareholders of record at the close of business on June 5, 2015. A

New Oilsands Production Comes Online

Husky Energy announces first production of its Sunrise Energy Oilsands Project Husky Energy (ticker: HSE) announced Wednesday that oil production at the Sunrise Energy Project in northern Alberta has begun. Sunrise is located about 37 miles northeast of Fort McMurry with 3,700 MMBO of 3P reserves, according to the company. Steam operations at the project began in December 2014. Total

Energy PE Firm HitecVision, Oman's Petrogas to Buy UK oilfields for $635 Million -Oil & Gas 360

South China Sea Field Begins Production

China National Offshore Oil Corporation (CNOOC) and its partner, Husky Energy (ticker: HSE) announced that their Liuhua 34-2 offshore gas field commenced operations on December 15, 2014. The Liuhua 34-2 gas field is located in the Eastern South China Sea, approximately 300 kilometers (186 miles) southeast of the Hong Kong Special Administrative Region, with water depth ranging from 850 to