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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 riskion Mar 02, 2023 9:42am
85 Views
Post# 35314814

RE:RE:RE:Eagle Ford drilling productivity

RE:RE:RE:Eagle Ford drilling productivityBest of luck with your entry to BTE. Don't leave it too long!

Oldnagger wrote: Thank you for your in depth reply. Nevertheless, I am still concerned by the fact that the Eagle Shale region seems to be experiencing higher declines in productivity than the other oil  shale basins . As far as nat gas goes, the decline rate is the second highest (after Appalachia )

Also please note that the rates shown on the charts are bbl per day per rig per month of drilling rather than new well production rates that we are all more familiar with .

A chart comparing the various basins is provided below.
As usual all comments are welcome ,since I feel this development is pertinent not only to Baytex shareholders but to all 

 summary.pdf (eia.gov)


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