Economics : Rates of Return/ IRR
Showing 3 Results
Industry Leading Inventory Additions
Nov. 25 Added Locations1 Added 3,200 Locations since 2023
NuVista Energy
Alberta Montney
930
1.3 MM/loc
Nov. 24 Montney
Paramounts Alberta
Montney Assets
900
<1.0 MM/loc
April 23
EnCaps Midland
Basin Assets
1,050
2.0 MM/loc Permian
23 25
Permian & Montney
Ground Game
350
85% Permian <1.5 MM/loc
5
1) Net 10k locations. Includes Premium locations, which reflect 35% IRR at 55/bbl WTI and 2.75/MMBtu NYMEX, and upside locations.
Ovintiv Inc
February 2026
Integrated Workflow Identifying Opportunities
Optimizing well design to maximize returns
2019 results (300 m interwell, 3 T/m)
280
Attachie West Upper Montney Type Curve (300 m interwell, 3 T/m)
Cumulative Condensate (Mbbl)1, 2
240
2018 results (150 m interwell, 2 T/m)
200
160
Type Curve Economics
120
DCET Capital 9.7 MM
80
IP365 735 boe/d
40
EUR 1,050 Mboe
0
0 5 10 15 20 25 30 35 40 45 50 55 60 IRR 70%
Months
Attachie design is based on performance from 2019 design.
2018 results had lower production per well and higher recovery per pad, showing opportunity for greater reserves recovery.
32 1) Type curve based on representative 2,550 meter lateral length.
2) Economics at US70/bbl WTI and C3.50/GJ AECO.
Arc Resources Ltd.
September 2025
30
Gas Development Location
Inventory and Economics(1) Mar 2025
AB Deep Basin AB Deep Basin NEBC Gundy NEBC North NEBC South PRH PRH
North & West South MNTN MNTN MNTN Charlie Lake Montney
Horizontal Horizontal Horizontal Horizontal Horizontal Horizontal Horizontal
Total Well Costs
(Drill, Case, Complete, Million) 5.31 5.81 4.63 4.49 5.53 3.10 4.39
Average Reserves/Well (bcfe) 6.8 5.6 5.1 7.7 6.6 2.5 3.4
Lateral Length (metres) 2,250 2,900 2,300 2,400 2,650 2,250 2,250
Year 1 Production Rate (2) 5.4 mmcfepd 3.8 mmcfepd 4.3 mmcfepd 4.5 mmcfepd 4.4 mmcfepd 262 boepd 568 boepd
Development Cost/boe 4.69 6.20 5.41 3.50 5.00 7.53 7.77
Operating Expenses/boe (3) 3.23 4.92 2.14 6.37 2.49 9.10 7.53
Net Present Value 10% (000's) 6,001 6,003 8,768 9,012 8,268 4,811 4,124
Internal Rate of Return (4) 76% 63% 338% 184% 104% 146% 124%
Payback Period (months) 17 18 7 10 14 10 12
Year 1 Gas Price (5) 2.11 2.27 1.95 1.90 2.05 2.04 2.04
Future Development Locations (6) 14,267 527 1,188 2,901 2,820 1,274 920
Notes:
(1) All amounts are before tax.
(2) Assumes on production date of January 1, 2025.
(3) Average operating expenses over the initial five years of production.
(4) Internal Rate of Return calculation is based on monthly cash flows.
(5) Independent Reserve Engineer January 1, 2025 escalated price forecast, adjusted for transportation, quality and heat content.
(6) See Schedule A.
Tourmaline Oil Corp.
March 2025