Oil operations restart following northern Alberta wildfire

Tue Jun 7, 2016 12:44pm EDT
 
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CALGARY, Alberta (Reuters) - Oil companies are restarting operations in the region around Fort McMurray, Alberta, following a huge wildfire last month that forced many sites to evacuate as a precaution.

At its height, the shutdown at major oil sites cut daily production by more than 1 million barrels, officials said.

At least 400,000 barrels per day production is still offline although in reality that number is likely far higher as many producers are still in the process of ramping back up to normal rates. In addition, Suncor Energy's (SU.TO: Quote) base plant and the Syncrude project still need to finish maintenance turnarounds interrupted by the fire.

In the last few days Imperial Oil Ltd (IMO.TO: Quote) said it has returned to normal operations at its Kearl mine, ConocoPhillips (COP.N: Quote) restarted production at its Surmont project and Suncor said its operations would return to normal rates by the end of June.

The following is a list of what oil producers and pipeline companies have said about nearby operations:

Operator Asset Status Size of cut Total capacity Date Link to

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A massive plume of smoke, from a wildfire north of the city, stretches over Fort McMurray, Alberta, Canada Wednesday evening, May 5, 2016.  Courtesy Chris Schwarz/Government of Alberta/Handout via REUTERS