Viking Formation >> Overview
Viking Play
Also located in the Western Canadian Sedimentary Basin, the Viking play is a relatively thin target located in Alberta and Saskatchewan. While it has been an exploratory target since the 1950's, the development of hydraulic fracturing has caused a shift in development strategies for E&P companies. It is estimated that the formation holds 88.7 million m/3 in oil reserves.
Due to enhanced completion techniques, between 2007 and 2012 recoverable reserves in the Viking Formation jumped to ~82 million barrels.
Play Characteristics:
- Cretaceous
- Proven Initial Oil-In-Place: ~3.0 billion barrels
Source: Saskatchewan Ministry of Economy - 2015 Geological Survey
Viking Play News
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Baytex Energy Corp. First Quarter 2023 Results
May 08,2023 -
Saturn Oil & Gas Second Quarter 2022 Results
August 22,2022 -
Baytex Energy First Quarter 2022 Results; Adds $100MM to Budget
May 11,2022 -
Pine Cliff Energy Ups Spending, Production Plans by 10% for 2022
February 09,2022 -
PrairieSky Royalty Third Quarter 2021 Results
October 25,2021 -
Baytex Energy Second Quarter 2021 Results
August 02,2021 -
Pembina to Acquire Inter Pipeline in All-Stock Deal Worth $6.9 Billion
June 02,2021 | Baytex Energy Corp. -
Cardinal to Acquire Venturion Oil Ltd. in Cash/Stock Deal Worth $47.5MM
June 02,2021 | Baytex Energy Corp. -
Baytex Energy First Quarter 2021 Results
April 29,2021