Devon has well blowout at Canadian oil sands project

* Well blowout at Devon’s oil sands operations

* Blowout sprayed oil and steam mist

* Regulators probing incident

CALGARY, Alberta, July 13 (BestGrowthStock) – A well at Devon
Energy Corp’s (DVN.N: ) Canadian oil sands operations had a
blowout on Saturday that took nearly 35 hours to get under
control, Alberta regulators said.

The well, part of Devon’s Jackfish project in northern
Alberta, blew a mixture of steam and oil over the project area,
though regulators are as yet unsure how much oil was released
and will audit production record to determine how much was
spilled.

In the interim, the Alberta Energy Resources Conservation
Board, which oversees energy projects in the province, has shut
down six wells at the 35,000-barrel-a-day oil project.

“We are taking this very seriously,” said Darin Barter, a
spokesman for the ERCB. “If there is an issue on the site, we
want to make sure it’s resolved.”

The Jackfish project uses the steam-assisted gravity
drainage process to produce the oil sands reserves. The
technology uses paired wells; an injector well that pumps steam
into the oil-bearing sands, liquefying the tarry bitumen which
gathers into a producer well and flows to the surface.

It was the producer well that blew out on the weekend,
spraying a mist of steam and oil.

Devon did not issue a release on the blowout, and officials
from the company’s Canadian operations could not be immediately
reached for comment on the incident.

Devon shares fell 9 cents to $63.41 midmorning on Tuesday
on the New York Stock Exchange.
(Reporting by Scott Haggett)

Devon has well blowout at Canadian oil sands project