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Canadian Spirit Restarts Montney Production at Farrell Creek
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Canadian Spirit Resources reported that production from the Montney formation at Farrell Creek/Altares was restarted on October 4, 2016.
Production had been suspended as of March 31, 2016 due to extremely low natural gas prices. With prices at Station 2 exceeding $2.75/Mcf in recent weeks, CSRI and its joint venture partner Canbriam Energy Inc. made the decision to bring the production back on line. Current average production is 4.4 Mmcf/d with CSRI's 35% share being 1.5 Mmcf/d.
At the c-69-H/094-B-01 well that was drilled in the first quarter 2016, recently retrieved pressure recorder information shows that the Montney formation is over pressured but not to the extreme values encountered while drilling. The overlying Doig formation appears to be the cause of the extreme high pressures…
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