NuVista lowers production guidance following unscheduled gas plant downtime

Dec. 18, 2024
NuVista Energy has temporarily curtailed production in the greater Wapiti area of the Alberta Deep Basin due to unscheduled maintenance at a third-party gas plant.

NuVista Energy Ltd., Calgary, has temporarily curtailed production in the greater Wapiti area of the Alberta Deep Basin due to unscheduled maintenance at a third-party gas plant. 

The curtailment will impact December production volumes, the company said in a release Dec. 18. 

NuVIsta said prior to the curtailment, its production was in line with fourth-quarter guidance, averaging over 90,000 boe/d in both October and November. With the downtime, however, the operator has revised its fourth-quarter guidance to 83,000-84,000 boe/d from 89,000-91,000 boe/d, leading to expected production just below the low end of the full-year range of 83,500-86,000 boe/d, the company said. 

The gas plant is currently being re-started, and production levels are expected to rise back above 90,000 boe/d to exit 2024.