The Bakken formation continues to be the dominant target in the Williston Basin, with operators reporting excellent results.
November 1, 2023, 9:30 AM MDT
When you think of the Montney play within Canada, the focus is typically on gas and condensate-rich gas wells. Although gas and condensate have been the bulk of Montney production during the life of this play, the expansion of the play has revealed a substantial presence of oil that has garnered the attention of several operators.
October 17, 2023, 9:30 AM MDT
On June 15, 2023, the Canada Energy Regulator (CER) revised its pipeline abandonment cost estimate to C$18.6B, which is a 79% increase from the C$10.4B estimate released in 2019.
September 26, 2023, 9:30 AM MDT
Three critical performance metrics for any SAGD project are daily production rate, recovery factor and steam oil ratio. This insight focuses on steam oil ratio (SOR), which measures the volume of steam required to produce one unit of oil. In particular, we look at the cumulative SOR (CSOR), which is the ratio of the cumulative volume of steam injected to the cumulative volume oil produced.
July 11, 2023, 9:30 AM MDT