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Trican Well Service Ltd T.TCW

Alternate Symbol(s):  TOLWF

Trican Well Service Ltd. is a Canada-based oilfield services company. The Company supplies oil and natural gas well servicing equipment and solutions to its customers through the drilling, completion and production cycles. Its services include hydraulic fracturing, cementing, acidizing, coiled tubing and technical solutions. Its cementing solutions combine equipment, quality cement blends and ongoing research and development. Cementing solutions include pre-flushes and spacers, surface cementing, intermediate cementing, liner cementing, cement plugs and others. The coiled tubing includes milling, coiled tubing fracturing, E-Coil and others. It provides equipment, engineering support, reservoir expertise and laboratory services through the delivery of hydraulic fracturing, cementing, coiled tubing, nitrogen services and chemical sales for the oil and gas industry in Western Canada. Its milling services include fracturing plugs, fracturing ports, stage tool/debris sub and others.


TSX:TCW - Post by User

Post by gasoholicon Mar 14, 2022 6:47pm
225 Views
Post# 34513384

LNG Canada receives delivery of 4618 tonne module at wharf

LNG Canada receives delivery of 4618 tonne module at wharfLNG Canada start up lost over a year on the timeline due to Covid. Startup is now expected for 2025 barring another plandemic. Capacity of phase 1 is 14,000,000 tonnes per year which is 1.8 bcfd. They will probably roll right into phase 2 which will be faster than phase 1 as much of the permitting and infrastructure will already be done. A lot of wells will have to be drilled starting next year as the Coastal Gas LInk pipe line is filled. The Coastal Gas Link Pipeline is 700 km long and runs from the Dawson Crew area to Kitimat. 

The average Montney well produces 4 mmscfd. This includes a lot of wells that are in depletion and may not have as many frac stages as they are doing now. Say if all the new wells are 20 mmscfpd
to supply the 1.8 bcf for stage one would require 90 wells. Then there would be 20  wells per year as the original wells deplete.; That's a lot of fracking. And of course there's the regular business to keep the other 5.5 bcfpd that BC already produces going.
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