Exploration & Production
Hemisphere Completes 12th Jenner Well; Preps for Q4 Operations
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Hemisphere Energy Corporation has reported an operational update regarding its activities in the Jenner area of southeast Alberta.
Hemisphere has completed tie-in operations of its most recently drilled well and has commenced production. The well was drilled in late August and is now pipeline connected to third party facilities. This is Hemisphere's 12th consecutive successful horizontal well in the Jenner area.
Hemisphere is currently upgrading its main oil battery by increasing its water handling capacity and debottlenecking its oil processing system. The operation will provide Hemisphere the ability to optimize fluid rates at a number of existing wells for an increase in base oil production. Operating costs per barrel are expected to decrease moving forward through this optimization.
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