Exploration & Production | Drilling & Completions | Capital Markets | Private Equity Activity
Cequence Adds Four Frac Stages to Latest Montney Wells
Print
|
Cequence Energy Ltd. has detailed the following operational update.
Cequence recently evaluated available diagnostic data derived from its 01-21 and 02-21 Montney wells and has successfully completed the first phase of the planned remediation plan. Diagnostic analysis of the wells, which were drilled off the 07-29 pad, revealed that the heel portion of both wells were still suitable for frac operations. As such, Cequence was able to frac 4 additional stages in each well. Cequence originally planned for 28 stage fracs in each of the wells.
The 01-21 well produced to sales through test equipment for 4 days at an average rate of 2.9 mmcf/d at a flowing tubing pressure of 480 psi. The 02-21 well produced to sales through test equipment for 4 days at an average rate of 2.1 mmcf/d at a flowing tubing pressure of 525 psi. Both wells are currently shut-in to install permanent production facilities, after which these wells are expected to be on stream by mid-February. Cequence is pleased with the initial results of the first stage of its remediation plan and plans to evaluate the wells, including the effectiveness of the increased frac size over break up. Further completion operations on the unstimulated portion of the lateral wellbores is currently being assessed for the summer.
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…