The report is a summary of oil & gas permits approved last week in Western Canada last week. They include;
- Facility Permits – 11 Operators and 15 facility permits
- Well Permits – 24 Operators and 56 well permits
- Wells Spud – 49 Operators and 134 spud permits
Top Operators include;
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Oil & Gas Facility Permits
Facilities are a system of vessels, piping, valves, tanks and other equipment that are used to gather, process, measure, store or dispose of petroleum, natural gas or water. … The upstream facility network includes equipment for the handling of oil, natural gas, natural gas liquids, and water. The table is a summary of new facility permits and facilities permits appended for upgrade to production or equipment.
Well Permits Overview Status of a well identifies its current state of activity. Over the life of a typical well it will have a progression of status changes – licensed > drilling > completed > production/injection/disposal > suspended > abandoned (decommissioned). The lifespan of a well can vary, from a few years to many decades. A well may go directly from a drilling status to abandoned status if it is unsuccessful in finding oil or gas.
Wells Spud Permit
Spudding is the process of beginning to drill a well in the oil and gas industry. … After the surface hole is completed, the main drill bit—which performs the task of drilling to the total depth—is inserted and this process can also be referred to as “spudding in.”
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