Drilling & Completions | Drilling / Well Results | Quarterly / Earnings Reports
Bellatrix Touts 100% Drilling Success at Cardium Play
Print
|
Bellatrix reports another strong quarter benchmarked by burgeoning production to average 19,343 boe/d exiting the first quarter at 23,000 boe/d, posting $4.6 million in earnings with $37.5 million in funds flow while maintaining a 100% success rate drilling and/or participating in 21 gross wells in the Cardium, Notikewin and Falher formations of West Central Alberta.
The Company preserves the advantage of being a low cost operator and oil and gas finder by controlling infrastructure and operating in a concentrated area. In our area of operations, Bellatrix has technologically advanced a substantive inventory of drill ready high IRR, low risk resource locations in the Cardium, Notikewin and Falher stratigraphic trapped reservoirs which have proven to be repeatable, predictable and…
- ✓ 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…