Obsidian Energy Ltd T.OBE

Alternate Symbol(s): OBE

Obsidian Energy Ltd. is a Canada-based exploration and production company. The Company operates in one segment, to explore for, develop and hold interests in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin directly and through investments in securities of subsidiaries holding such interests. It has a portfolio of assets producing around 35,700 barrels of oil equivalent (boe) per day. Its operating areas include Cardium, Peace River and Viking areas of Alberta. Its Cardium asset is a fully delineated and de-risked asset. It is focused on manufacturing repeatable low-decline and high-netback light-oil wells across its Cardium land base. The Viking is a light oil, horizontal development play located in central Alberta. Its operations are focused on the Esther area. Peace River is a stable, cold-flow, base production asset. It operates on a contiguous and an acreage within the heart of the Peace River Oilsands region.

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Obsidian Energy Ltd > Kavern's November Cardium Production Estimate...

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Comment by kavern23on Dec 21, 2021 3:32am

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Post# 34249326

RE:Kavern's November Cardium Production Estimate...

This has two lines added at bottom which make up the adjustment factor.
They are light plus heavy per day and then NG BOE per day that I estimate OBE is doing...doesnt include prop at 100%...same as old..

Data shows...July was good for oil...Aug and Sept were sh8tty as new well tie ins....Oct and Nov have been great again.

I think we are in such good shape with the onslaught of Janaury wells coming as our base is high going in Jan.

Just these f*cking oil prices right know lol

	July	Aug	Sept	October	November
Obsidian Well Count	1302		1297	1284	1290
Top Ten Wells	1972		1509	2042	1938
Average Oil Production (Bo)	15769	15250	14851	15830	15670
NG	11400	11217	10954	11722	12409
NGL's	2244	2207	2155	2307	2442
Adjust Factor	22524	21936	21387	22833	23247
Total Production	24767	24144	23542	25140	25689

Light and Heavy Combibed Adjust Fac	7693	7183	7434	8731	8804
Natura Gas BOE Adjust Factored	9120	8974	8763	9378	9927