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Lower Montney Turbidite well at Doe will recover 6 bcf of gas plus liquids (1.2 million boes) based on internal estimates.
What is the Montney Shale?
The Montney is located in northeast British Columbia and northwest Alberta. The Montney Formation consists mostly of siltstones and dark grey shales.The lower is a dark grey dolimitic siltstone, interbedded with shales. The upper section is a light brown, blocky siltstone with interlaminated fine grained sands. To the…
Maintain our 2015 capital budget unchanged in the range of $270 to $290 mm.
The project will consist of two large diameter, 42 inch pipeline sections totaling ~301 KM in length.
During 2015, Painted Pony intends to drill 14 (14.0 net) and complete 11 (11.0 net) Montney hz natural gas wells in the Blair and Townsend areas.
Guidance for 2015 includes operations capex of $110.0 million with forecast fourth quarter production averaging 14,000 to 14,500 Boepd.
15-year strategic alliance for processing infrastructure and marketing services for NG and NGL.
Production at Parkland/Tower averaged 20,600 boepd in 2Q 2014, 125 per cent higher than 2Q 2013.