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 > EIA report

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Comment by kavern23on Mar 05, 2022 12:52pm

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Post# 34486894

RE:RE:RE:RE:RE:RE:RE:EIA report

The permain basin gained 1 rig from last week:

Permian

310

309

211

Frac spreads went up overall 8 for USA so I doubt any fell in Permain.....

In the last EIA inventory report...lower 48 production increased from 11.1M to 11.2M...Alaska went down by alittle or USA would be at 11.7M barrels a day from 11.6M.

USA will grow 100,000 barrels min in Feb....thay is VERY high monthly growth......

The USA has grown by basically over 1million barrels a day from same point of 2021.....

That is insane growth man.