Clearwater heavy oil play
WebJul 30, 2024 · The Marten Hills Clearwater heavy oil play, northeast of the town of Slave Lake, began seeing a ramp up in production in late 2016. The Lower Cretaceous Clearwater Formation, better known from the Cold Lake oil sands in Eastern Alberta, is in this area a series of coarsening upwards marine cycles, bound by Wabiskaw sands …
Clearwater heavy oil play
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WebJul 16, 2024 · The Clearwater is a high rate of return play with compelling economics at current forward market prices for Western Canadian Select crude oil. The Clearwater Assets comprise 104.5 net sections of acreage highly prospective for heavy crude oil in the Clearwater formation with over 370 WebFeb 11, 2024 · CDL’s analysis shows robust economics for the play when WTI is above $40 (figure 2). The Clearwater play grew from just a few …
WebDeltastream, which is 85 per cent owned by ARC Financial, is a pure-play operator in the Clearwater — one of North America’s newest oil plays which saw its first development in 2016. The Clearwater is considered to be the most economic oil play in North America, with wells that pay out in less than six months at current oil prices, said ... WebSep 12, 2024 · Activity in the Clearwater has exploded in recent years since the heavy oil play is considered one of the most economic in North America, with wells achieving payout in less than six months at current prices, according to data provided by Tamarack.
WebJan 18, 2024 · In the Clearwater heavy oil play, production exceeded 100,000 bbl/d in 2024. There, Tamarack Valley Energy looks to retain its spot as the play’s top operator, while jockeying with Spur Petroleum for top status. Headwater Exploration, which bought Cenovus’ position in the play, forecasts growth of 38% with production guidance of … WebDec 14, 2024 · Tamarack has established a significant position in the Clearwater oil play ~107,000 net acres in one of the most economic oil plays in Western Canada ~2,000 …
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WebApr 19, 2024 · The Clearwater heavy oil resource play in northern Alberta, pioneered by private operator Spur Resources, has seen rapid growth in the last five years with … ftsh meaningWebMay 31, 2024 · A short refresher on Clearwater at Marten Hills. Clearwater wells are shallow (675 meter), heavy oil (18-19 API) wells that produce IP30 ~40-50 bbl/d per … fts homeWebSep 12, 2024 · Calgary-based Tamarack Valley Energy Ltd will acquire Deltastream Energy Corp in a CAD$1.425-billion (nearly US$1.1 billion) deal that renders it the largest … gildan t-shirts websiteWebSep 12, 2024 · The Clearwater is considered to be the most economic oil play in North America, with wells that pay out in less than six months at current oil prices, said Brian Schmidt, chief executive of... gildan t shirts ultra cotton 2000WebOct 9, 2024 · The Marten Hills Clearwater heavy oil play, northeast of the town of Slave lake, began seeing a ramp up in production in late 2016. The addition of Rangeland Midstream’s Marten Hills Pipeline System in July 2024, provided producers in the area the access they needed to further develop their assets. gildan t shirts ultra cottonWebWith our highly prospective Clearwater asset base in Eastern Alberta, we are pursuing a robust organic growth plan, utilizing multi-lateral drilling technology to generate superior corporate returns while maintaining a … gildan t shirts unisexWebNov 13, 2024 · In its short four-year life, the Clearwater cold flow heavy oil play at Marten Hills, Nipisi and Jarvie has gone from interesting land sales to producing 18,400 bopd (as of Sep 2024) (figure 1 ... f tsh meaning