Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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

Baytex Energy Corp > Baytex holds the top 15 Clearwater wells

<< Previous

Bullboard Posts

Next >>

Comment by dllscwbysfnon Jan 09, 2023 10:50am

180 Views

Post# 35211052

RE:RE:RE:RE:RE:RE:Baytex holds the top 15 Clearwater wells

Now you got me thinking. If you drill 22 wells in one year and they all produce 1000 barrels/ day you would have 22,000/ day. So clearly these things come out very hot and then decline very fast. Decline rate has to be way greater than 50% because you are still getting some production from 2021 wells. Is this decline rate data on their website?