Exploration & Production
Questerre Spuds Second Montney Well
Print
|
Questerre Energy Corporation , reported that drilling operations have commenced on its second well targeting the liquids-rich window of the Montney shale in the Resthaven area of west central Alberta. This follows the discovery well that tested at gross rates of over 2,500 boe/d.
Michael Binnion, President and Chief Executive Officer, commented, "This second well will delineate the prospectivity of our acreage to the north of the discovery well. The test rates from our first well confirmed that our acreage lies in the heart of this play with excellent liquids and condensate recoveries. Based on these results and surrounding activity, we believe our second well has the potential to do the same."
The well will be drilled approximately two miles to the north of the discovery well. The plan…
- ✓ 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…