The new United Conservative Party government doubled an exemption threshold in the curtailment policy to 20,000 barrels per day, eliminating constraints on 13 companies whose output falls below that level.
Houston-based Kinder Morgan is cashing in its Canadian affiliate plus ownership in the Cochin pipeline through asset sales to Pembina Pipeline worth roughly $2.5 billion.
Power was restored the same day, but production has not yet resumed, the company said in a statement.
Husky, the operator and majority owner of the White Rose Field, said it expects production there to ramp up to about 20,000 barrels per day after the start-up.
The platform will take necessary time to reach full production in a safe and environmentally responsible manner, the company said in a statement.
PHMSA says it won’t allow the company to restart two lines until an investigation is complete.