Permit Summary Western Canada , Oct 17, 2022

Western Canada Permit Summary

The following is a summary of oil & gas pipeline construction permits, well permits and facility permits approves in Western Canada last 7 days (report date Oct 17, 2022). Total Operators approved for permits 89 for 246 total permits.

Western Canada Well Permits; 44 Operators had 174 well permits approved. Top Operator by approved permit count is Cenovus Energy Inc. (46)

Western Canada Pipeline Permits; 28 Operators had 48 pipeline permits approved. Top Operator by approved permit count is CNRL (7)

Western Canada Facility Permits; 17 Operators had 24 Facility permits approved. Top Operator by approved permit count is Tourmaline (5)

Download Western Canada Oil & Gas Well, Pipeline Construction and Facility Permits

Western Canada Pipeline Construction Detail

The following section is a summary of new well permits approved last week in Western Canada.

Western Canada Well Permit Average

Summary of the well permit count and moving average.

Western Canada Well Permits New

Oil & Gas Operators Approved for new well permits last week for the first time since Aug 1 2022

Western Canada Pipeline Construction Detail

The following section is a summary of pipeline permits approved in Western Canada last week. We have also provided details of specific projects.

Pipeline Permits Approved Last Week

Pipeline Project Details

WEST PARKLAND GAS CO-OP LTD.- Permit #8,966- 10KM

We are a rural based co-operative that was established in 1972 to distribute natural gas to our members. With an office located in the Town Stony Plain, Alberta, Canada, at 52521 Glory Hills Road (Range Road 11), West Parkland Gas serves its members located within the central region of Parkland County – a service area of 1,260 square kilometres. In addition to our rural franchise area, we also serve the Village of Spring Lake and some residential subdivisions in the Town of Stony Plain.

LONGSHORE RESOURCES LTD.-Permit #63,289- 12KM – Pipeline to pipeline

Longshore Resources is a privately held exploration and production company headquartered in Calgary and focused on capturing high quality, oil weighted resource opportunities in the Peace River Arch and South Central areas of Alberta.

SPOKE RESOURCES LTD. – #63,290- 3.72KM – GRANDE PRAIRIE

Spoke Resources Ltd. is a private energy company with oil and gas operations in Alberta and British Columbia. Its primary focus is value growth through acquisitions, long term responsible stewardship of assets, and building strong relationships with all stakeholders. Spoke production was approximately 6,000 boed after its acquisition of certain northern Alberta assets from Harvest Operations Corp. in April 2021.

TOURMALINE OIL CORP.- #55,032- 2.62KM – Satellite to pipeline – VALHALLA

Given improving 2023 natural gas strip pricing(1) at several sales hubs, 2023 cash flow(2)(3) guidance has been increased to $6.58 billion, up 28% from previous guidance of $5.14 billion. • 2023 average production guidance remains at 545,000 boepd (2.5 bcf/day of natural gas and 126,000 bpd of oil, condensate, and NGLs). • Tourmaline expects to export approximately 926 mmcfpd of natural gas at exit 2023 including an initial 140 mmcfpd on the Gulf Coast fully exposed to JKM pricing, commencing January 1, 2023.