Scandoil  

Bellatrix's Ferrier Area Gas Plants returns to full capacity


Published Jul 4, 2014
Bellatrix Exploration Ltd.

Bellatrix Exploration Ltd. says that the Ferrier Area Gas Plants, that had been shut in for scheduled and unscheduled plant turnarounds in the first half of 2014 resulting in significant production restrictions, have returned to full capacity as of June 30, 2014.

Bellatrix's daily production is estimated to have averaged 36,600 boe/d in the second quarter 2014 due to these restrictions. With removal of these restrictions production is currently estimated to be 40,000 boe/d (65% gas). In addition the Company has 4,000 boe/d behind pipe that is expected to come on-stream in July.

Based on the timing of proposed expenditures, normal production declines, and execution of the revised $500 million 2014 capital budget the Company reaffirms its unchanged 2014 average daily production guidance of approximately to +/- 41,000 boe/d and an exit rate guidance of approximately +/- 48,000 boe/d.

Tags: Bellatrix Exploration Ltd.




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml