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Crane Co T.CR


Primary Symbol: CR Alternate Symbol(s):  CXT

Crane Company is a manufacturer of engineered components for mission-critical applications focused on the aerospace, defense, space and process flow industry end markets. Its segments include Aerospace & Electronics, Process Flow Technologies, and Engineered Materials. The Aerospace & Electronics segment supplies critical components and systems, including original equipment and aftermarket parts, primarily for the commercial aerospace, and the military aerospace, defense and space markets. The Process Flow Technologies segment is a provider of engineered fluid handling equipment for critical applications. The Engineered Materials segment manufactures fiberglass-reinforced plastic panels and coils, primarily for use in the manufacturing of recreational vehicles, truck bodies and trailers (Transportation). It also designs and manufacturers multi-stage lubrication pumps and lubrication system components technology for critical aerospace and defense applications.


NYSE:CR - Post by User

Comment by BeatTheOddsSquaon Feb 22, 2021 1:52pm
117 Views
Post# 32627772

RE:RE:Is Crew Bringing Other Montney Zones on Production?

RE:RE:Is Crew Bringing Other Montney Zones on Production?I think the first step would be for Crew to evaluate the production capability of the other zones. Once Crew has a handle on production rates and the hydrocarbon mix, then perhaps the CUBE approach could be fully implemented.

Crew really appears to have "cracked the code" for their Montney lands at Septimus. They are drilling wells with 2 mile laterals for the same cost (approx. $5 million) as their existing wells with 1 mile laterals and their new type curve and production rates are amazing. Their new completion techniques are also yeilding excellent results. 

Crew now understands that West Semptimus produces  high rate gas with good conde and ngl rates, while the UCR area produces high cut conde wet gas. 

Imagine what has yet to be learned about the Montney reservoir underlying their lands as these other stacked zones are evaluated.
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