Interesting News
- Birchcliff Energy Ltd. expanded its 2019 capital program (the “2019 Capital Program”) to include the drilling and bringing on production of an additional 7 (7.0 net) HZ wells in 2019. F&D capital expenditures are now expected to be $242 million.
- PENGROWTH Energy New Pad 5-24-058-05W4 14 well permits
- Inplay Oil Corp new Well Pad 01-26-049-07W5 with 3 well permits
- Deltastream Energy new well permits and wells spud chart is strong
- IPC ALBERTA LTD. new well permit chart is good this account is trending up
- Saturn Oil + Gas Inc. new well trend is moving to the positive drilling should be equal or greater than last.
First Facility License since Feb 1 2019 (or greater)
- IPC ALBERTA LTD._New Licence_Oil satellite – single or multiwell _AB_12-10-020-07W4
First Well License since Feb 1 2019 (or greater)
- ACQUISITION OIL CORP._AB_HIGH LEVEL_CRANBERRY_14-36-094-06W6_CRUDE OIL
- Cor4 Oil Corp._AB_MEDICINE HAT_JENNER_12-04-021-08W4_CRUDE OIL
First Wells Drilled Since Feb 1 2019 (or greater)
- Aldon Oils Ltd_SK_Estevan_FROBISHER-ALIDA BEDS_11-11-006-07W2_CRUDE OIL
- Paleo Resources, Inc_AB_RED DEER_JOFFRE_15-22-039-26W4_CRUDE OIL
- Timberrock Energy Corp_AB_RED DEER_CAROLINE_15-06-034-04W5_GAS
Rigs First Time Drilling Since Apr 1 2019
- Aldon Oils Ltd_Lasso 1_SK_Estevan_FROBISHER-ALIDA BEDS_11-11-006-07W2_CRUDE OIL
- Timberrock Energy Corp_Nabors 8_AB_RED DEER_CAROLINE_15-06-034-04W5_GAS
Other News
- Altura Energy 2019 capital expenditure budget of $15.0 million has been reduced by $1.5 million to $13.5 million and includes drilling a total of three ERH wells at Leduc-Woodbend. $0.8 million for the second half of 2019 to convert the remaining five wells at Leduc-Woodbend from progressive cavity pumps to pumpjacks to reduce future down time and operating costs associated with workover activities.
- Birchcliff Energy Ltd. expanded its 2019 capital program (the “2019 Capital Program”) to include the drilling and bringing on production of an additional 7 (7.0 net) HZ wells in 2019. F&D capital expenditures are now expected to be $242 million.
- Obsidian Energy nine additional wells planned in 2019 with all locations fully licensed and ready to execute. These locations utilize existing infrastructure to minimize costs and are along trend with the previous best in class Cardium results the Company achieved during its Phase 1, 19 well program in late 2018 and early 2019. Company has planned turnaround activity scheduled in the third quarter of 2019.
- GRANITE OIL 2019 capital program heavily weighted to the second quarter
- Surge Energy committed $6 million in 2019 to a proactive, well-funded, annual abandonment and reclamation program. During 1H/19 the Company abandoned 76 wells. The Company has now increased its target abandonment commitment for 2019 from 125 to 150 wells, which is approximately three times the number of wells the Company plans to drill this year.
- TransGlobe Energy nalized the 2019 drilling plan to commence Q3-2019. The drilling plan consists of three development wells drilled from existing pads, and one exploratory outpost well to appraise the land acquired south of Harmattan in 2018.
