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Storm Resources Tweaks Montney Frac Design
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Storm Resources Ltd. has reported its results from its first quarter of 2016.
Key Points: Future horizontal wells are being planned for greater than 1,600 metres of completed length (up from 1,265') with more than 28 frac stages (up from 21 frac stages). Based on the performance of the most recent horizontal wells completed in Q4/15, which are longer and have more frac stages, Storm management is increasing the type curve used for forecasting performance of future horizontal wells to 7.0 Bcf raw from 6.3 Bcf raw In the first quarter of 2016, seven horizontal wells (7.0 net) were drilled, two wells (2.0 net) were completed, and one well (1.0 net) started production. There is currently an inventory of 12 horizontal wells (12.0 net) that have not started producing which includes three…- ✓ Full news archive — U.S., Canada & international coverage
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