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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 269,000 gross acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.


TSX:BTE - Post by User

Comment by perstrudenton Feb 09, 2022 10:25am
97 Views
Post# 34412186

RE:RE:New well?

RE:RE:New well?Can use this site to track drilling rigs
https://caoec.ca/drilling_rig_map

BTE has drilling like crazy in January...these are on the existing pads so results should be great and repeatable.

Their bluesky rig was on a well for over a month...curious if theyre going crazy on the number of laterals per well as usually these are 2 week wells...

The downside is being clearwater pad wells, a lot of exisiting well production probably was shut in while drilling operations occurred, but Q1 clearwater exit is looking to be barnburner....im going with 6000bopd...I dont believe any of this is included in any of their plans. 

BTE needs to duplicate OBE, and keep those 3 rigs going year round in Peace River year round...the fcf the wells pay the wells off within the same quarter...just dont publicly announce going to grow production..just leave it as earnings surprise with the slipped in increase capex.
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