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Tamarack Doubles Production YOY to 19.3 MBOEPD; Ups Cardium Frac Density
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Tamarack Valley reported its Q2 2017 results. Highlights include:
Achieved record corporate production in Q2/17 of 19,336 boe/d, up 9% over Q1/17 and more than doubled Q2/16
Increasing exit production guidance to approximately 22,000 boe/d, from a range of 20,000-21,000 boe/d due to strong operational results in the first half of 2017Ramping Up Activity: In response to mild spring break up conditions, the Company accelerated its second half development program in June.
Increasing Frac DensityTamarack plans to increase frac density and move to a higher tonnage per stage for future 2-mile well completions relative to levels that were deployed through 2016 based on two recent well results:
Wilson Creek 13-3-45-6 W5M, was completed with 85 stages using 15-tonnes per stage. During its…- ✓ Full news archive — U.S., Canada & international coverage
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