Exploration & Production | Midstream - Pipelines | Quarterly / Earnings Reports
Quicksilver Talks Horn River Production, Cancelled Pipeline
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Quicksilver Resources Inc. has reported an update on its second quarter Horn River operations.
Total production in the second-quarter from Canada was 104 MMcfd.
Second-quarter gross production in the Horn River Basin was 68 MMcfd, or 55 MMcfd net, which is 20% less than the previous quarter mainly due to a complete production shut-in for 14 days in June related to a planned outage of a third-party treating facility, negatively impacting 13 MMcfd across the quarter. Production resumed to pre-outage levels in July 2013.
Production from Horseshoe Canyon was 49 MMcfd during the second quarter. Development activity continues to be limited in the second quarter though the company expects it will commence a modest recompletion and tie-in program in the second half of 2013.
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