Exploration & Production | Production Rates | Forecast - Production | Drilling Program
Baytex Energy's Canadian Production Unchanged from 2013
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Baytex Energy has announced 3Q 2014 operational results
Canadian OperationsIn Canada, our operations and capital program remain on track with our full-year plans. Production in Canada averaged 56,709 boe/d (87% oil and NGL) in Q3/2014, essentially unchanged from Q3/2013.
Production from our Peace River area properties averaged approximately 26,500 boe/d in Q3/2014, essentially unchanged from Q3/2013.
In Q3/2014, we drilled six (6.0 net) cold horizontal producers encompassing a total of 81 laterals in the Peace River area.
We also received regulatory approval to implement a water flood pilot in the Bluesky reservoir in Harmon Valley. Construction of the required facilities commenced in Q3/2014 and we anticipate that water injection will begin in Q4/2014. This is our first water flood…
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