Exploration & Production
Contact Exploration Completes Second Montney Shale Well
Print
|
Contact Exploration Inc. announced that it has successfully drilled its second horizontal Montney well (the "14-30 Well") to a measured depth of 4,678 metres, including a horizontal leg that remained within the target interval for its entire 1,230 metre length. The 14-30 well was drilled to total depth ("TD") seven days ahead of schedule and under budget, having reached TD 17 days faster than the Company’s initial Montney discovery well at 13-17-63-5W6 (the "13-17 Well").
The 14-30 Well has been logged, cased and equipped with a packer-style completion system that will facilitate a fourteen stage nitrogen-based frac with an option to frac an additional prospective interval above the primary target, also within the Montney. Contact is planning to complete and test the well over the next 30…
- ✓ 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…