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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 Nov 22, 2022 9:26pm
509 Views
Post# 35120610

Someone's got to get frakking

Someone's got to get frakkingLNG Canada is over 70% complete

https://www.youtube.com/watch?v=MyC0Hq-sgII

It's not too early to condsider how many wells will be required to supply the natural gas required. Phase 1 start up is supposed to be in 2025. But the wells will have to be drilled by the end of 2024.
And not only the wells but all the collection and processing facilities to deliver the gas to the pipeline at specitication. A very good well in the Montney, BCs primary natural gas basin, is less than 10 Mscfpd ( million standard cubic fee per day. LNG Canada capacity is 1,800 Mscfd, or about 180 wells need to be drilled in the next 2 years. And they all need fracking.

Fun facts

BC produces 5.5 Bscfpd, there are app 10,500 producing wells
therefore the average well production is only 0.52 Msfpd.
Most of the wells were drilled before fracking took over in 2010 or so.
Plus a lot of them have been on line for up to 30 years.
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