Seven Generations Starts Processing Liquids-Rich Natural Gas at New Cutbank Plant in Northwest Alberta
Seven Generations Energy Ltd. (TSX: VII) has completed the construction and commissioning of its Cutbank processing plant at the Company’s Kakwa River Project in northwest Alberta.
The Cutbank plant is designed to process 250 million cubic feet per day (MMcf/d) of liquids-rich natural gas. With the addition of the Cutbank plant, production volumes in 2016 are expected to grow as additional wells are brought on-stream. 7G expects to produce an average of between 100,000 and 110,000 barrels of oil equivalent per day and plans capital investment of $900 million to $950 million in 2016.
Cutbank was brought on-stream about a week early and about 18 percent under budget. When combined with the expansion in late 2015 of 7G’s Lator processing complex, Cutbank takes liquids-rich natural gas processing capacity to approximately 510 MMcf/d at the Kakwa River Project. The Cutbank plant project included the construction of field gathering pipelines and a 29-kilometre, 24-inch diameter natural gas sales pipeline that connects Cutbank to the Alliance Pipeline for the delivery of liquids-rich natural gas to the Chicago-area market.
Source: Seven Generations Energy Ltd.
Oil and Gas News Undiluted !!! “The squeaky wheel gets the oil”
Follow us: @OilAndGasPress on Twitter | OilAndGasPress on Facebook