Read on Twitter
Since Marten Hills is the rage these days (and I know nothing about it) I wanted to look into it a bit more.
Starting with Headwater Exploration Inc. (asset recently bought from Cenovus).
No real point to this, just finished looking at it and had questions. #EFT
Starting with Headwater Exploration Inc. (asset recently bought from Cenovus).
No real point to this, just finished looking at it and had questions. #EFT
Currently have 11 multi-lateral wells producing 2500-3000 bbls/d.
Going to monitor these declines going forward and see if they truly are as low as portrayed.
Going to monitor these declines going forward and see if they truly are as low as portrayed.
Most of these wells are multi-laterals with 4-8 legs
AER data allocates production to only one of the legs (red laterals shown) but I assume that is simply for reporting purposes (ex: need 1 UWI to allocate production to) and that all of the laterals are contributing from day1?
AER data allocates production to only one of the legs (red laterals shown) but I assume that is simply for reporting purposes (ex: need 1 UWI to allocate production to) and that all of the laterals are contributing from day1?
Hopefully someone can step in and explain here, how are these wells completed? I know they don't require any stimulation (fracturing or steam etc.) but are the laterals cased? Open boreholes? Is there sand control? What is the standard AL? ESP? RP? #EFT
However the case, C$1-1.25MM to drill an 8 leg multi lateral is pretty good..
Good thread here on Spur Petroleum, a neighbour in the area. https://twitter.com/brendanpaton/status/1346223172144664576?s=20
Good thread here on Spur Petroleum, a neighbour in the area. https://twitter.com/brendanpaton/status/1346223172144664576?s=20
