Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

Operational Updates | Quarterly / Earnings Reports | Third Quarter (3Q) Update | Key Wells | Financial Results | Capital Markets | Drilling Activity

Cequence Touts 26% Jump in Oil / Condensate Production YOY

emailEmail    |    printPrint    |    bookmarkBookmark
   |    Wednesday,November 22,2017

Cequence Energy reported its Q3 2017 results.

Highlights:

- Achieved average quarterly production of 8,266 boe/d, approximately 700 boe/d of production was shut-in for the quarter associated with low gas prices and pipeline restrictions

  • Increased oil and condensate production to 1,229 bbl/d, up 26% from the same period in 2016

Drilling Update:

  • Completed the tie in of the 5-7 Dunvegan oil facility to improve well on stream times and oil production netbacks
  • Completed the 100% working interest Dunvegan oil zone in the inactive 03/4-8-62-26W5 vertical well.  The well has averaged approximately 45 bbl/d of 39 API oil since early September and has validated inventory on 100% Cequence lands.

 

 

 

 

 

 

 



Related Categories :

Third Quarter (3Q) Update   

More    Third Quarter (3Q) Update News

Canada News >>>