Drilling & Completions
Storm Resources Annouces Forth Montney Well
Print
|
STORM RESOURCES LTD. reports on August 22, 2012, the fourth Montney horizontal well (0.6 net) at Umbach began producing with the average rate to date being 3.9 Mmcf per day gross raw gas or 450 Boe per day net sales to Storm (25% natural gas liquids). A fifth Montney horizontal well (0.6 net) which included a vertical pilot hole was cased in August and will be completed and tied in by early October. Log response over the Montney in the vertical pilot hole was similar to pre-existing well control (approximately 25 meters net pay in the upper plus 20 metres net pay in middle). The drilling rig is currently being moved to drill the sixth Montney horizontal well (0.6 net).
Excluding the Mica property, production is currently approximately 2,600 Boe per day and is expected to average…
- ✓ 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…