Exploration & Production | People | Well Cost | IP Rates-24 Hour | Production Rates | Initial Production Rates | Forecast - Production
Strategic IPs Latest Muskeg Wells, 6 More Planned in 4Q
Print
|
Strategic Oil & Gas Ltd. has announced that two recently completed Muskeg wells produced at a combined rate of 1,587 boe/d (83% oil).
Strategic is also pleased to announce the addition of Mr. Michael Graham as an independent member to the Company's board of directors.
Two west Muskeg wells 15-24 and 1-25 were recently brought on production and are free flowing oil wells.
Over the last three days of the production test, well 15-24 produced at an average daily rate of 848 boe/d (81% oil) and well 1-25 produced at an average daily rate of 614 boe/d (88% oil).
The two wells have recovered approximately 30% of the load fluid and are still cleaning up. The combined daily test rate for the two wells over the last 24 hours was 1,587 boe/d (83% oil).
Muskeg well 11-24 has produced 29,000 boe in…
- ✓ 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…