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Montney E&P's 2-Mile Lateral Flows 1300 Bbl/d; Plans To Double Spending in 2017

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Montney E&P's 2-Mile Lateral Flows 1300 Bbl/d; Plans To Double Spending in 2017

Paramount provided some update to hits drilling & completion activities at the Karr-Gold Creek asset.

The Company is drilling longer horizontal Montney wells with higher intensity completions in its 2016/2017
capital program at Karr-Gold Creek.

The Company continues to refine its well completion design and is including more frack stages and higher proppant loading intensities in future wells. Key elements of new wells being drilled and completed at Karr-Gold Creek include:

2.0 mile horizontal laterals; managed pressure drilling; slickwater completion fluids; up to 72 stages per lateral; and up to 100 metric tonnes of proppant placed per stage.

The new well design is expected to increase well productivity and recoverable reserves. Paramount completed its initial 2.0 mile well (the 15-14…

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