Olje og energi

13.02.2020 kl 19:34 1952

As an intergrated LNG company, Pieridae Energy is involved in the exploration and development of natural gas properties in Alberta, British Columbia, Quebec and New Brunswick. Once the Goldboro LNG facility is operational, gas produced from these areas will supply the plant via pipelines already in place.

The upstream segment includes operations and assets in Western Canada, primarily Alberta and British Columbia, as well as Quebec and New Brunswick. Due to ongoing restrictions on hydraulic fracturing and other exploration and development activities in Quebec and New Brunswick, Pieridae currently has active operations in Western Canada only.

On October 17, 2019, Pieridae announced it had closed its deal to buy all of Shell Canada’s Foothills assets, including 28,634 BOE/d of production:

119 MMcf/d of natural gas
5,656 bbl/d of natural gas liquids
3,163 bbl/d of condensate and light oil

Pieridae also acquired three deep cut, sour gas processing plants: Jumping Pound, Caroline and Waterton, with a combined capacity of 750 MMcf/d. The three plants currently operate with 420 MMcf/d of spare capacity.

Finally, Pieridae also purchased a 14 per cent interest in the Shantz sulphur forming plant, and 1,700 kilometres of pipelines.

The acquisition helps the company secure the majority of the gas needed to supply the first train or facility for the Goldboro LNG Project, and Pieridae becomes the largest Foothills producer in Canada.


Strategisk planleggere legger tilrette for fremtidens forretningsplan - Green bridge energy - natural gas
Redigert 21.01.2021 kl 08:36

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