Annual information form 2021 Very interesting information like this, not yet include in term of assets because a lot of acres undeveloped : === 3,400 km2
Still a lot of place to increase production in the near future !!!
Worth the look !!!
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Viking - Alberta and Saskatchewan
Our Viking assets are located in the greater Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. These assets were acquired through a business combination with Raging River in 2018 and produce light oil from the Viking formation. Production in the area occurs primarily from the hydraulic fracturing of horizontal wells. In some areas, reservoirs are placed under waterflood. In 2021, the Viking assets produced 17,278 boe/d, comprised of 15,422 bbl/d of light oil and NGL and 11,133 Mcf/d of natural gas. These assets are characterized by shallow wells with short cycle times and a manufacturing approach to development. In 2021, Baytex completed 116 (114.2 net) oil wells. As at December 31, 2021 we had proved plus probable reserves of 77 million boe (51 million proved; 26 million probable).
The undeveloped land base associated with the Viking assets consisted of 171,167 net acres at year-end 2021. 171767 acres === 693 km2 !!!
Peace River - Alberta
In the Peace River area of northwest Alberta we produce heavy gravity crude oil and natural gas from the Bluesky formation and heavy gravity crude oil from the Spirit River (a Clearwater equivalent) formation. The core of our developing Clearwater play is located on the Peavine Mtis settlement. However, a portion of Clearwater prospective acreage overlays our legacy Peace River lands which are productive from the Bluesky formation. Production in the area occurs through primary and polymer flooding recovery methods. During 2021, production from the area averaged approximately 13,918 boe/d, comprised of 11,986 bbl/d of heavy oil, 31 bbl/d of NGL and 11,408 Mcf/d of natural gas. In 2021, Baytex drilled 12 (12.0 net) horizontal multi-lateral wells in this area. As at December 31, 2021, we had proved plus probable reserves of 48 million boe (28 million proved; 20 million probable).
Baytex held approximately 256,931 net undeveloped acres in this area at year-end 2021.
256,931 acres === 1,040 km2 !!!
Lloydminster - Alberta and Saskatchewan
Our Lloydminster assets consist of several geographically dispersed heavy oil operations that include primary and thermal production. In some cases, Baytex's heavy oil reservoirs are water flooded and polymer flooded. In 2021, production averaged approximately 10,449 boe/d, which was comprised of 8,463 bbl/d of heavy oil, 1,739 bbl/d of bitumen, 6 bbl/d of light oil, and 1,448 Mcf/d of natural gas. In 2021, Baytex drilled 25 (21.5 net) oil wells in this area. As at December 31, 2021, we had proved plus probable reserves of 84 million boe (26 million proved; 58 million probable).
We held approximately 188,417 net undeveloped acres in this area at year-end 2021.
188,417 acres === 763 km2 !!!
Duvernay - Alberta
Baytex holds a large 100% working interest land position in the emerging East Duvernay resource play in central Alberta. Production in the area occurs from the hydraulic fracturing of horizontal wells. In 2021, the Duvernay assets produced 2,008 boe/d, comprised of 1,645 bbl/d of light oil and NGL and 2,177 Mcf/d of natural gas. During 2021, Baytex drilled 2 (2.0 net) oil wells. As at December 31, 2021, our proved plus probable reserves are 22 million boe (12 million proved; 10 million probable) and our net undeveloped lands totaled approximately 223,007 net acres.
223,007 acres === 903 km2 !!!