Market Impact: Neutral. Canadian Oil Sands posted gross June Syncrude production of 343,300 bbl/d after market close on Thursday, July 2nd. Gross production of 343,300 bbl/d is in-line with our estimate of ~341,000 bbl/d for June (207,000 bbl/d 2Q15). We expected strong volumes in June after a turnaround was completed at the end of May, as has been the case historically, where monthly volumes have reached up to ~350,000 bbl/d immediately following a turnaround.
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JUNE SYNCRUDE PRODUCTION 343,300 BBL/D
- Published:
03 Jul 2015 -
Author:
Michael P. Dunn -
Pages:
2
Market Impact: Neutral. Canadian Oil Sands posted gross June Syncrude production of 343,300 bbl/d after market close on Thursday, July 2nd. Gross production of 343,300 bbl/d is in-line with our estimate of ~341,000 bbl/d for June (207,000 bbl/d 2Q15). We expected strong volumes in June after a turnaround was completed at the end of May, as has been the case historically, where monthly volumes have reached up to ~350,000 bbl/d immediately following a turnaround.