• Most Popular
  • Most Shared

Husky plans 28-day work at Canada oilfield in Q3

Tue Jun 30, 2009 2:09pm EDT

Stocks

   

CALGARY, Alberta, June 30 (Reuters) - Husky Energy Inc (HSE.TO) will idle the 110,000 barrel-per-day White Rose offshore oilfield in eastern Canada for 28 days during the third-quarter to undergo planned maintenance, a company official said on Tuesday.

Calgary-based Husky, which operates the White Rose field off the coast of Newfoundland Province in eastern Canada, had in late 2008 estimated that the field would be shut in for 35 days this summer for maintenance and to add new production from a satellite area.

Husky operates White Rose, which began production in 2005, and holds a 72.5 percent stake. Petro-Canada PCA.TO owns the remaining 27.5 percent stake. During May, White Rose pumped an average of 73,000 bpd, well below capacity.

"The Sea Rose (FPSO platform at White Rose) will be shutting down in the third quarter," said Dennis Floate, a spokesman for Husky. "It will be down for about 28 days for a turnaround."

The White Rose field, which Husky said earlier would cost around $2.35 billion to during its 20-year lifespan, pumps light crude with a gravity rating of 30 API. (Reporting by Scott Haggett in Calgary. Writing by Joshua Schneyer in New York; Editing by Marguerita Choy)



More from Reuters

Photo

Obama heads to Copenhagen as climate talks falter

WASHINGTON (Reuters) - President Barack Obama heads to Copenhagen on Thursday to help secure a U.N. climate pact, staking his credibility on an as yet elusive deal that has ramifications for him at home and on the world stage.

Marine from Delta Company of 2nd Light Armored Reconnaissance Battalion patrols near the town of Khan Neshin in Rig district of Helmand province, southern Afghanistan September 10, 2009. REUTERS/Goran Tomasevic

A bloody fight looms

Marines on the frontlines of the Afghan surge in Helmand Province are ramping up for a battle that their commander says will be the "end of the line" for insurgents.  Full Article 

  The tail section of the turboprop MQ-9 Predator B drone is seen on the tarmac at Fort Huachuca, Arizona, December 5, 2006.

Just don't say the D-word

In the high-testosterone world of military jets, the words "drone" and "unmanned aerial vehicle" don't fly. Now there's a new term in town.  Full Article