CPG , good wells

Post Reply
Fraser921
Posts: 3240
Joined: Mon Mar 22, 2021 11:48 am

CPG , good wells

Post by Fraser921 »

https://twitter.com/cckanaan/status/1678393069597491200

10:40 AM EDT, 07/05/2023 (MT Newswires) -- RBC Capital Markets said Wednesday that Ovintiv Inc. (OVV.NaE) 's 12-02 Heritage Montney well was the highest-producing gas well by rate in May, producing 42 MMcf/d over 273.6 hours and 480 MMcf.

Crescent Point Energy Corp. (CPG.NaE) 's 02-09 Elmworth Montney well was the highest-producing liquids well by rate and volumes, producing 1,596 barrels per day over 31 days and 49 mbbl.

RBC said a total of 170 wells were brought on production in May 2023 versus 200 in May 2022, representing a 15% decline
dan_s
Posts: 37299
Joined: Fri Apr 23, 2010 8:22 am

Re: CPG , good wells

Post by dan_s »

I think RBC is just looking at last month's wells in Canada. Still very good wells for CPG and OVV.
Dan Steffens
Energy Prospectus Group
Post Reply