Oil
Cenovus Raised 2026 Production to as High as 1.01 Million Boe a Day. Costs Came Down
On July 29 Cenovus lifted full-year 2026 upstream guidance to 970,000 to 1,010,000 boe per day, up 25,000 boe per day. Oil sands unit operating costs were cut to $10.75 to $11.75 per boe. Capital stayed $5.0 billion to $5.3 billion. July production was on track to pass one million boe per day for the month.
Sep 3, 2026