Exploration & Production
Crew Energy Reports Montney Wells Continue to Perform Above Expectations.
Print
|
Crew Energy Provides Operational Update on Cardium and Montney Drilling Programs
Septimus, British Columbia / Montney
At Septimus, Crew drilled four Montney horizontal wells and one vertical well. Three horizontal wells were completed in the quarter (one that was drilled in 2011) with two of the wells on production at initial rates of 776 boe per day and 693 boe per day (15% liquids) based on the initial ten days of production. The third well came on production at 588 boe per day (11% liquids) from a lower stratigraphic Montney interval that had not been previously tested. The test confirmed productivity from this lower unit and would indicate additional horizontal wells could be drilled to develop this interval of the Montney.
Crew successfully completed the acquisition of a 35.1…
- ✓ 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…