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Birchcliff Energy Ltd T.BIR

Alternate Symbol(s):  BIREF

Birchcliff Energy Ltd. is a Canada-based intermediate oil and natural gas company. The Company is engaged in the exploration for and the development, production and acquisition of oil and gas reserves in Western Canada. The Company’s operations are focused on the Montney/Doig Resource Play in Alberta. Its operations are concentrated in the Peace River Arch area of Alberta. The Company has a 100% working interest in its Pouce Coupe Gas Plant and two oil batteries, as well as various working interests in numerous other gas plants, oil batteries, compressors, facilities and infrastructure. Its Pouce Coupe Gas Plant, which is licensed to process up to 340 million cubic feet per day (MMcf/d) of natural gas, is located in the heart of the Corporation's Montney/Doig Resource Play.


TSX:BIR - Post by User

Bullboard Posts
Post by efficientmyasson Jan 13, 2014 12:52pm
183 Views
Post# 22085314

US Natural Gas Well Completion data

US Natural Gas Well Completion data
I found this interesting:

"The number of total gas wells completed continued to decline in both the fourth quarter of 2012 and in year to date comparisons, despite an uptick in exploratory gas drilling. In the year to date comparison, gas well completions have decreased 26% from 2011 (13,128 to 9,752 wells)."

and this years data:

Natural gas well completions in 2013 declined with 20 percent fewer wells than 2012, according to the report. Total number of wells completed in 2013 remained relatively unchanged with a decrease of 1 percent from 2012, while total footage drilled increased 4 percent."

https://www.api.org/news-and-media/news/newsitems/2014/jan-2014/api-oil%20well-completions-up-in-2013-natural-gas-completions-down
Bullboard Posts