Devon Energy Corp. on Thursday announced that its Canadian heavy oil volumes have been impacted due to outages on the Enbridge pipeline system. As a result, the company's production has been curtailed by approximately 10,000 barrels per day.
The curtailments are expected to continue through year-end reducing the company's expected fourth quarter Canadian oil volumes by roughly 300,000 barrels. This represents one-half of one percent of Devon's total expected company-wide production for the fourth quarter.
Devon Energy Corp. is an Oklahoma City-based independent energy company engaged in oil and gas exploration and production. Devon is a leading U.S.-based independent oil and gas producer and is included in the S&P 500 Index.
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