PENGROWTH results in SWAN HILLS
PGH is one of the major neighbors of SCS.
SCS has IP-30 = 500 bbld EXCLUDING the nat gas, IP-60= ~300 bbl/d and IP-90= 220 bbl/d, all EXCLUDING the nat gas according to the company's Q3 2012 report.
Check out PGH results in the area.
IP 5 = 550 boepd without any waterflood enhancement program of course!
Swan Hills Trend
The Swan Hills Trend is a significant conventional oil resource, providing long term, low decline production and cash flow for the Company. The extensive carbonate oil reservoir in this trend provides Pengrowth with opportunities to put its expertise in horizontal drilling and multi-stage acid fracturing of carbonate reservoirs to work on its operated interests in Judy Creek, Carson Creek, Deer Mountain, Virginia Hills and Sawn Lake, where Pengrowth has extensive control of infrastructure.
During the first quarter, Pengrowth spent $36.0 million on development activities, targeting light oil opportunities and drilled a total of four operated wells (3.0 net) and eight partner-operated oil wells (1.6 net). There were three (2.5 net) operated oil wells completed in the quarter with a combined net production test (initial five day average) of approximately 550 boe/d.