Well Lateral Length | Rig Count | Production Rates | Capital Markets | Capital Expenditure | Drilling Program | Drilling Contractor
Synergy Resources Announces Rig and Spending Plans for 2016
Print
|
Synergy Resources has provided an operations update.
Operations Update During fiscal year 2015, which ended August 31st, Synergy drilled 46 gross operated horizontal wells in the Wattenberg Field and brought 38 net wells into production. As of September 1, 2015 the Company has 12 wells in inventory awaiting completion, including four standard length laterals (~4,300'), four mid-length laterals (~7,200') and four extended length laterals (~9,500'). The Company plans on completing the four mid-length laterals by the end of December. Based upon production from the Company’s operated properties and the estimates of production from non-operated properties that are still under review, the 2015 fiscal fourth quarter production should approximate 10,800 BOED, resulting in average daily…- ✓ 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
North America 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…
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…
Baytex 2026 Development Plans
Baytex’s 2026 development plan reflects a post–Eagle Ford sale capital program and a sharpened focus on its core Canadian assets. The Company approved 2026 exploration and development expenditures…
Tourmaline: 2026 Capital Program Locked In at $2.9B
Tourmaline’s 2026 exploration and production (EP) program is set at $2.9 billion and targets average production of 690,000–710,000 boepd, with the company maintaining the multi-year EP Plan released…