Particularly in the last year with low commodity prices, companies are using long-term regional understanding of the Cardium — based on good mapping — to develop those specific areas with enough resource-in-place and resource quality to make economic returns from drilling, given the current cost environment and oil price projections.
Canada’s most trusted and comprehensive source of oil and gas industry insight and intelligence.
Start your free trialDear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.