in situ
Of interest: connacher oil and gas Limited underwent sweeping management changes in 2012, and a strategic review has yet to result in any corporate or asset transactions. the company’s focus at great divide is to increase production to fill the two plants. Note: Connacher combined Great Divide (solid line) and Algar (dotted line) into one project (Great Divide) for reporting purposes effective September 2012.
10,000 8,000 6,000 4,000 2,000 0
JAN
FEB MAR APR MAY JUN
PRoDUcTIoN sTaRT FoRMaTIoN/PooL aVeRage ReseRVoIR DePTh TechNoLogY
8 48 4
w w w. h e av y o i L g u i d e B o o k . c o m
south athabasca connacher oil and gas Limited 100% 2007 wabiskaw-mcmurray great divide 200 m, algar 450 m steam assisted gravity drainage great divide 10,000, algar 10,000
aVeRage DaILY PRoDUcTIoN 2012 (BBL/D)
great divide 7,473.1, algar 6,185.9
aVeRage DaILY PRoDUcTIoN 2011 (BBL/D)
13,380
aVeRage WaTeR PRoDUcTIoN PeR caLeNDaR DaY 2011 (BBL/D)
21 20
great divide
cURReNT PRoDUcTIoN caPacITY (BBL/D)
aVeRage WaTeR PRoDUcTIoN PeR caLeNDaR DaY 2012 (BBL/D)
ALGAR
JUL AUG SEP OCT NOV DEC
source: energy resources conservation Board
oWNeRshIP
MAP REFERENCE
2012
12,000
LocaTIoN
MAP REFERENCE
2011
14,000
PRoJecT
G R E AT D I V I D E
2010
great divide 32,142.3, algar 27,140.3
50,814
WeLLs PRoDUcINg oR INJecTINg/caPaBLe oF PRoDUcINg oR INJecTINg 2012 (aVg.)
great divide 49/50
WeLLs PRoDUcINg oR INJecTINg/caPaBLe oF PRoDUcINg oR INJecTINg 2011 (aVg.)
72/72
aVeRage sTeaM To oIL RaTIo 2012
great divide 4.79:1, algar 4.60:1
aVeRage sTeaM To oIL RaTIo 2011
great divide 4.05:1, algar 3.91:1
aVeRage ReaLIZeD PRIce PeR BaRReL 2012
$58.52 (to end of Q3)
aVeRage ReaLIZeD PRIce PeR BaRReL 2011
$53.04
photo: joey podLuBny
GREAT DIVIDE/ ALGAR
PRODUCTION (bbls/d)