Husky starts steam operations at Vawn thermal project
CALGARY, Alberta -- Husky Energy has started steam operations at the Vawn Lloyd Thermal Project in Saskatchewan, Canada. The 10,000-bpd Vawn development is expected to produce first oil early in the third quarter.
The Lloyd thermal projects are a key component of Husky's ongoing transition into a low sustaining capital business, the company said in a statement. By the end of 2016, more than 40% of overall production is expected to come from low sustaining capital projects compared to just 8% in 2010.
The 10,000 bopd Edam East development began production in mid-April. The 4,500 bopd Edam West project is set to begin production in the third quarter of 2016.
"This is the second of three thermal projects we will be commissioning this year," said CEO Asim Ghosh. "We are ahead of schedule and under budget with Vawn, an indication of our growing expertise in developing these thermal projects.”
