He added that Kearl needs about 50,000 bbls/d of dilution water when it produces near its capacity. In a brief email, Husky spokeswoman Kim Guttormson confirmed that the company was involved, but gave few details. By 2019, the Polaris system was carrying an average of 238,000 bbls/d diluils, according to Inter Pipeline on its website. An important element of this project is the protection of the local environment, including water protection and safe dismantling. For the project to be successful, it is important to involve key stakeholders, including First Nations, City of Mississauga, Hydro One, Credit Valley Conservation Authority, Region of Peel and Sun-Canadian Pipelines. Analysts say the expected withdrawal of thousands of barrels of bitumen per day from the market has already influenced crude oil prices. Operator Inter Pipeline Ltd. shut down a segment of its Polaris two-legged system on Saturday after a leak was discovered on Crown Leisure Country east of Fort McMurray Airport in northern Alberta. A spokesman for Imperial declined to say how much production is being marginalized or offer other details. “Re: Polaris, we are affected by the walkout, but we have other ways to mitigate the effects,” she said. A spokesman for Canadian Natural Resources Limited said the operation was also not affected by the failure. “While this new development will be negative compared to our short-term estimates, the timing is uncertain and we will adjust the volume accordingly as soon as we have more information,” National Bank analyst Travis Wood said in a report.
The project included the successful completion of drilling on 12″ NPS 602 metres. The entire project is expected to be completed in August 2019. Kearl is 29 percent owned by Imperial`s U.S. parent company, Exxon Mobil Corporation, and has the capacity to produce approximately 240,000 bbls/d bitumen, approximately 170,000 bbls/net, at Imperial. The facility will be ready for restart once the pipeline is returned to service and dilution supply is restored, Calgary`s Imperial said in a press release, adding that it was exploring other unspecified options. Somerville has installed 800m new 24″ replacement pipeline under the North Thompson River in blue […] Continue Reading – The expected production loss has already led to a too narrow reduction in the price of the Western Canadian Select crude bitumen blend compared to the United States.