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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

Post by BeatTheOddsSquaon Mar 09, 2021 9:22pm
211 Views
Post# 32759640

Are Crew's 8-1 and 12-9 Pads a Cube Style Development?

Are Crew's 8-1 and 12-9 Pads a Cube Style Development?Old Nagger I took a closer look at slide 31 in Birchcliff's presentaion
and I now believe that perhaps Crew is attempting a Cube Style approach for completing multiple Montney zones with the new 8-1 and 12-9 Pads. These Pads are drilling 10 wells to adjacent bottom hole locations at 2-10 and 7-10.

If you look at slide 31 in Birchcliff's presentation they used 14 wells to exploit 3 separate Montney zones. Crew could easily used their 10 wells to exploit 1, 2 or 3 Montney zones using the Cube strategy also.

Nice find Oldnagger, I apologize for being so quick to dismiss your idea. After looking at Encana's Cube approach, I took a second look at Birchcliff's and then the bottom hole locations on the Crew Pads and it all made sense.

If we are correct Oldnagger, that 8-1 Cube will have some freakin huge production rates with lower declines as it would be draining multiple reservoirs more effectively.

Fingers crossed that's what Crew is up to. Things just keep getting better.

Here is the Birchcliff Presentaion link if the one I embedded doesn't work. 

https://birchcliffenergy.com/media/uploads/documents/pdfs/CorporatePresentations/20210210-corporate-presentation.pdf

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