Central Alberta
capital projects this year. “Our growth profile will, again, be in light oil as we continue to develop in the Bakken and the Cardium,” Gregg Smith, president and chief operating officer, told the conference. The company plans to drill 95 net wells in the Cardium this year with capital spending of $345 million. Its position now includes over 320 (240 net) sections
of land in the Cardium trend with over 650 net locations. “It was a natural for us to move into and piggyback off our experience with the Bakken,” Smith said. Experimentation has led the company to use monobore drilling (a single lateral well) and slick water frac completions in the Cardium. “In the Cardium, it’s been a little tighter for frac crews, so we’ve done a
two-year deal to ensure service with one frac crew from [Calfrac Well Services Ltd.] and we’ve negotiated windows with other companies to fill in that service,” Smith noted. “One frac crew can keep up with seven, maybe eight, drill crews so that one frac crew can probably provide most of what we need in the Cardium with just the odd window from other players.” — DAILY OIL BULLETIN
Sure drills Redwater Viking horizontals Sure Energy Inc. has reported production test results of its 11-2 Redwater North horizontal well. The Viking formation was tested for 50 hours and flowed a total of 569 barrels (bbls) of clean light oil and 442 thousand cubic feet of solution gas. Rates were restricted through a 3/8-inch choke with drawdown estimated at 50 per cent. Sure said it expects the well to produce in excess of 200 bbls of oil per day initially while flowing and to stabilize at 120-150 bbls of oil per day when placed
on pump. The company’s two offsetting producers f lowed for approximately a month. The well is 100 per cent owned by the company and will qualify for the Alberta government’s Horizontal Oil New Well Royalty Rate of five per cent for 18 months, to a maximum of 50,000 bbls. The well will be placed on production following the drilling and completion of a follow-up well at 12-2, which will be drilled from the same surface lease. This well will be the seventh and last well planned for
North Redwater in the current program. Including the 11-2 well, Sure Energy said it has experienced a 100 per cent success rate with its North Redwater horizontal drilling program to date. The company owns 7.75 sections of 100 per cent working interest lands in the Redwater North Viking play. These lands have regulatory approved holdings allowing up to four wells per quarter section. In total, Sure Energy has 7,495 acres of net undeveloped land on the Redwater Viking oil trend.
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OIL & GAS INQUIRER • MARCH 2011
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