Market Impact: Neutral. During market hours on October 2nd, COS announced Syncrude operations are back to normal after undergoing repairs and a phased recovery for the previously disclosed process fire in August; timing is as COS had guided to and within our expectations. September gross Syncrude production was disclosed to be 63.3 mbbl/d, in line with our expectations, while 3Q15 gross Syncrude production was 234.5 mbbl/d, in line with our estimate of 235 mbbl/d.
02 Oct 2015
SYNCRUDE OPERATIONS BACK TO NORMAL, SEPTEMBER PRODUCTION 63,300 BBL/D
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SYNCRUDE OPERATIONS BACK TO NORMAL, SEPTEMBER PRODUCTION 63,300 BBL/D
- Published:
02 Oct 2015 -
Author:
Michael P. Dunn -
Pages:
2
Market Impact: Neutral. During market hours on October 2nd, COS announced Syncrude operations are back to normal after undergoing repairs and a phased recovery for the previously disclosed process fire in August; timing is as COS had guided to and within our expectations. September gross Syncrude production was disclosed to be 63.3 mbbl/d, in line with our expectations, while 3Q15 gross Syncrude production was 234.5 mbbl/d, in line with our estimate of 235 mbbl/d.