Questerre Energy's PX Brazil oil shale plant resumed full operations after an emergency pipe repair. The retort is running at over 90% efficiency; the company expects to meet August sales commitments.
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Questerre Energy said its PX Energy oil shale processing facility in southern Brazil resumed full operations last week, after an emergency turnaround to fix a critical pipe failure in the furnace that supplies heat to the main retort.
The turnaround, completed on budget and with no recordable safety incidents, also included additional maintenance on the retort to restore operating efficiency. The retort has been running at over 90% efficiency for the last six days, the company said in a statement. The atmospheric distillation unit operated continuously during the work.
Questerre expects to meet its minimum sales commitments under long-term contracts for August despite the unscheduled outage. The plant has been online since late Aug. 18.
“We are pleased the team completed this unscheduled turnaround according to plan,” Chief Executive Michael Binnion said. “We are looking forward to applying the learnings to mitigate the root cause of this shutdown and to optimize our scheduled turnaround next spring.”
The PX Energy facility processes oil shale in the southern state of Paraná. Questerre, which trades on the TSX and the Oslo Børs under the ticker QEC, holds a significant natural gas discovery in the Quebec Utica shale.
The company is an energy technology and innovation firm focused on responsible oil and gas development, and its stock page is available here.
Binnion said the team would apply lessons from the unplanned event to improve the planned spring turnaround.
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