Exploration & Production | Drilling & Completions
Questerre Talks Montney Drilling, Completions Strategy; Details Well Re-Entry
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Questerre Energy Corporation has reported an update on its Montney drilling program.
Drilling and completion costs are demonstrating learning curve benefits earlier than originally expected. Questerre estimates current well drilling and completion costs at less than $8 million. This is a cost savings of approximately 25% of the initial well costs of $10 million. Questerre expects further material savings will be realized in the future through pad drilling and additional efficiencies.
Questerre updated the testing of the 15-01 Well, recently designated as the 09-01-62-6W6M Well (the 09-01 Well).
A chemical soak and squeeze on the Montney formation was successful in re-establishing gas flows and high pressure on surface. The flow from the 09-01 Well included very anomalous hydrogen sulphide…
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