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Alberta to cut oil output by 325,000 b/d

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Alberta to cut oil output by 325,000 b/d

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NewsPoster Joined: Mon Aug 30, 2010 9:56 am Posts: 20756	Alberta to cut oil output by 325,000 b/d OGJ Production News Saying it is responding “to the historically high oil price differential that is costing the [Canadian] economy more than $80 million/day,” the Alberta government on Dec. 2 announced a curtailment in oil production beginning Jan. 1. It will require every operator to trim output of more than 10,000 b/d by 8.7% from its highest 6 months of production over the past 12 months. Read more
Mon Dec 03, 2018 8:07 pm
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