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Asset Sales Bring Production Down for Husky Energy
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Husky Energy third quarter results:
ProductionAverage Upstream production was 301,000 barrels of oil equivalent per day (boe/day) compared to 333,000 boe/day in the third quarter of 2015, primarily reflecting asset dispositions in Western Canada and reduced volumes at Liwan.
This was partially offset by increasing volumes from three new low sustaining capital Lloyd thermal projects, the Sunrise Energy Project and initial production from the Hibernia formation well at North Amethyst in the Atlantic Region.
OperationsHeavy Oil
The last of three Lloyd thermal projects scheduled for completion this year was brought on production.
The Edam West Lloyd Thermal Project achieved its 4,500 bbls/day design capacity in October and continues to ramp up. The Vawn Lloyd Thermal Project reached its…- ✓ Full news archive — U.S., Canada & international coverage
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