Western Canada Pipeline Construction Summary
Pipeline Construction Western Canada last 7 days (report date July 19 2021). We are tracking 32 Canadian Oil & Gas Operators who had 67 pipeline permits approved for Construction for a total of 101KM of oil & gas pipeline projects.
- Pipeline construction permits by top operators & permit count – Tourmaline Oil Corp (7), CNRL (9), Cenovus Energy Inc. (5), Astra Oil Corp (3), Crescent Point Energy Corp. (3)
- Pipeline construction permit count by province – Alberta Pipeline Permits (19), BC Pipeline Permits (3), Saskatchewan Pipeline Permits (11)
- Pipeline construction permits by area & project distance – Souris Valley (6KM), Horburg (6KM), Horburg (5.5KM)
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Western Canada Pipeline Construction Detail
Pipeline permits include gathering or transport pipelines of a liquid, gas or oil through a system of pipes. In addition to these main types of pipelines, there are also four other sub-categories of pipelines: Gathering Lines, Feeder Lines, Transmission Pipelines and Distribution Pipelines. The permits represent all types of pipelines. This section shows pipeline permits that have a new construction component. (Pipeline Construction Western Canada July 19 2021 report date )
Petroleum pipelines transport oil, oil products and natural gas. In addition to these two main types of pipelines, there are also four other sub-categories of pipelines: Gathering Lines, Feeder Lines, Transmission Pipelines and Distribution Pipelines. The permits represent all types of pipelines.
Pipeline Permits Approved Last Week
Pipeline Project Details
The following section provides details related to new pipeline construction permits
PEYTO EXPLORATION Project #44,015 2.47KM Well to Pipeline
During the first quarter of 2021, Peyto invested $33.5 million on drilling, $18.2 million on completions, $4.8 million on wellsite equipment and tie-ins, $15.6 million on facilities and major pipeline projects, and $1.1 million acquiring new lands and seismic, for a total organic capital investment of $73 million.
The Alberta Deep Basin is a geologic setting situated on the northeastern front of the Rocky Mountain belt in the deepest part of the Alberta sedimentary basin. Since its inception in 1998, Peyto has deliberately focused its attentions on exploring and developing the vast, sweet, liquids-rich, natural gas resources uniquely trapped in this basin.
CENOVUS ENERGY INC. Permit #31,532 2.12KM Well to Pipeline
Cenovus’s conventional oil, natural gas and natural gas liquids business is one of our production areas. Our conventional assets include production and operations in the Deep Basin, a liquids-rich natural gas fairway located along the eastern slopes of the Rocky Mountains in northwestern Alberta and northeastern British Columbia.
The Deep Basin asset comprises approximately 2.8 million net acres of land and produced more than 97,000 barrels of oil equivalent a day in 2019. Cenovus’s Deep Basin segment has been renamed the Conventional segment.
Production from the Conventional segment was 135,933 BOE/d compared with 95,558 BOE/d in the first quarter of 2020. The segment generated operating margin of $210 million, up from $51 million in the first quarter of 2020, reflecting stronger natural gas market prices as well as the benefit of pipeline and storage assets and inventory acquired in the Husky transaction. Cenovus drilled nine net wells in the segment in the first three months of 2021, positioning the company to take advantage of the stronger natural gas price outlook.
Western Canada Oil & Gas News
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The location of the pipeline permits are the Western Canada Sedimentary Basin (WCSB) located in Western Canada including southwestern Manitoba, southern Saskatchewan, Alberta, northeastern British Columbia.
Pipeline permits are related to petroleum pipelines transport oil, oil products and natural gas. In addition to these two main types of pipelines, there are also four other sub-categories of pipelines: Gathering Lines, Feeder Lines, Transmission Pipelines and Distribution Pipelines. The permits represent all types of pipelines.
Additional Permit Reports
