October 15th, 2024

Sask. government announces funding for SW oil and gas facility upgrades

By Medicine Hat News on September 19, 2024.

@MedicineHatNews

Oil and gas companies in Saskatchewan have secured millions in grants to upgrade their facilities in the southwest corner, that provincial government announced among $25 million in outlays.

Money from the Saskatchewan Technology Fund will help 13 oilpatch and mining firms reduce greenhouse gas emissions.

About half the money, $12.5 million, will aid Strathcona Resources capture and sequester carbon at a facility near North Battleford.

Awards specific to southwest Saskatchewan:

– Crescent Point Energy, $2.83 million, will reduce flaring at unstated locations in the southwest by building a gathering system connected to processing plants operated by Steel Reef (it has facilities near Coleville and Shaunavon);

– Whitecap Energy, $950,000, to reduce gas flaring at an oil battery near Swift Current with a pipeline to connect to the SaskEnergy gas distribution system;

– Campus Energy will receive $500,000 to upgrade compressors at Loverna and Milton gas plants, located north of Alsask, to better capture methane;

– Secure Energy, $30,250, to install higher efficiency burner and management system at its midstream facility near Kindersley.

The Environment Ministry states that private-sector investment in the projects will total $277 million.

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