Interesting News
- Yangarra Resources working with Grey Owl Engineering Ltd. large compressor 12-20-037-07W5
- Whitecap Resources Inc. new compressor 16-18-062-02W6
- Peyto Drill 50Hz Wells (Liquids Rich Natural Gas) vs 70 in 2018
- BC 28 new well license approved last week
- CNRL two 5 well pads approved 16-35-058-03W4 & 12-19-065-05W4
- Teine Energy 4 well pad approved 02-14-031-20W3
- Tangle Creek two well pad approved 11-32-063-23W5
- Hitic Energy two well pad approved 16-19-070-22W5
- Cona Resources two well pad approved 03-27-035-28W3
- XTO four well pad approved 15-30-060-19W5
First Facility License since Nov 1 2018 (or greater)
- SanLing Energy Ltd._Licence Amendment_Oil battery – multiwell _AB_07-14-108-07W6
- KICKING HORSE OIL & GAS LTD._New Licence_Gas battery – multiwell _AB_04-05-064-06W6
First Well License since Nov 1 2018 (or greater)
- None
First Wells Drilled Since Nov 1 2018 (or greater)
- None
Rigs First Time Drilling Since Apr 1 2018
- None
Other News
- Razor Energy Company ABANDONMENT spent $1.1 million in Q4 2018 and a total of $3.2 million year-to-date.
- Prairie Provident 2019 capital budget of $14.2 million3, $12.3 million of which will be directed to development activities.
- Perpetual Energy approved a total capital spending program of $21 to $25 million for 2019 to be funded from adjusted funds flow. At least 50% will be spent in Eastern Alberta, primarily targeting heavy oil development at Mannville along with abandonment and reclamation work of up to $2 million to prudently address decommissioning obligations associated with non-producing wells. Plan to drill 12 wells.
- Baytex Drilling four wells at Pembina in Q1/2019 with completion activities scheduled for Q2/2019 Successful tests from the four wells will increase total delineated acreage to 100-125 sections
- Whitecap plans to spend $450 million capex drilling 220 gross wells – Viking 112M, Cardium 112M, Atlas/Shaunavon 94M, West Central Alberta Cardium 81M, Southeast Sask CO2 Flood 45M
- Vermillion plans to drill or participate in 20 wells, SE Saskatchewan Plan to drill or participate in 141 (126.9 net) wells
- Peyto Drill 50Hz Wells (Liquids Rich Natural Gas) vs 70 in 2018
- Arc Resources 2019 budget Attachie $184MM – 6 wells, Parkland/Tower $128MM – 13 wells, Dawson $299MM – 39 wells, Ante Creek $95MM – 12 wells, Pembina $31MM – 7 wells
- TORC 2019 drilling plan SE Saskatchewan 45 (33.7 net) wells, Torquay / Three Forks 16 (12.5 net) wells, SE Saskatchewan Frac’d Midale 18 (14.9 net) wells, Cardium 9 (8.2 net) wells
