Operational Updates
Angle Energy Inc. Provides Cardium Project Results
Print
|
Angle Energy Inc. provided an update on the Harmattan Cardium play.
CARDIUM LIGHT OIL PROGRAM
Harmattan Cardium
The Cardium play in Harmattan has provided stellar light oil growth for Angle since the initial well was drilled and completed with a slick water fracture in October 2011. Angle is currently using a type curve for the play, generated from industry results for slick water fractured Cardium wells, of 233 boe/d (89% light oil & NGL and 11% gas) for the first 3 months of production, with expected ultimate recoveries of 220 mboe per well Actual IP 3 month rates average 235 boe/d (196 bbl/d, 7% gas) for the first 12 full horizontal wells drilled in the play, which validates the current type curve view. Operating costs of $8.42/boe have been realized in the play to date. The total…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
Canada News
Western Canada Upstream M&A: Q1 2026 Transaction Report
Western Canadian M&A activity in Q1 2026 was characterized by a 87% decrease in total deal value compared to Q1 2025, totaling $0.8 billion C$. However, transaction volume…
Canadan E&P 2026 Program Calls for 448 Net Wells, Up 24% vs. 2025 Plan
Canadian Natural Resources outlined a 2026 operating capital budget of approximately $6.3 billion (total capital budget $6,425 million, including $125 million for carbon capture) targeting 1,590–1,650 MBOE/d of…
EIA’s “Glut” Calls: The 2025 Surplus Claim — and How 2021–2024 Forecasts Actually Held Up
The “~2.2 MMb/d glut in 2025” framing traces to the EIA’s Short-Term Energy Outlook (STEO), December 2025. EIA doesn’t usually write “glut” in the tables—what they publish is…
Whitecap Details 2026 Duvernay & Montney Program
Whitecap Resources reported strong third quarter 2025 operating and financial results, marking its first full quarter following the strategic combination with Veren that closed on May 12, 2025.…
ARC Resources: Lower 2026 Capex, Higher Volumes
ARC Resources used its third quarter update to reinforce a familiar message to Canadian E&P executives: disciplined capital, structurally better market access, and a growing shareholder return program…